Transactional Actuarial Analyst

AIG - Atlanta, GA

Full-time - Mid Level

Atlanta, GA

Insurance Carriers and Related Activities

About the position

The Transactional Actuarial Analyst at AIG plays a crucial role in the actuarial function, focusing on quantifying risk, pricing insurance, and reserving losses for the company's major insurance operations. This position involves collaboration with various internal teams and requires strong analytical skills to assist in pricing reviews for the Retail Excess Casualty business, which includes general liability and commercial auto coverages.

Responsibilities

• Assist in individual account pricing reviews for the Retail Excess Casualty business.
• Communicate actuarial pricing to underwriters, clients, and brokers.
• Manage the deal pipeline with underwriters while meeting tight deadlines.
• Participate in peer reviews and impact analyses of default parameters within pricing tools.
• Engage in ad hoc projects and communicate results to technical and non-technical audiences.
• Collaborate with internal business partners to ensure successful underwriting and pricing strategies.

Requirements

• 4+ CAS Exams
• 2+ years of relevant actuarial experience in Casualty/Specialty
• Ability to work independently and as a team player
• Excellent analytical and quantitative skills
• Strong influencing skills to work with cross-functional teams
• Excellent communication skills for clarity across the organization
• Programming skills in VBA, SQL, Python, R, etc.
• Creative problem-solving abilities.

Nice-to-haves

• Pricing experience in automobile liability, general liability, umbrella and excess lines, or other commercial products.

Benefits

• Comprehensive benefits package focused on health, wellbeing, and financial security.
• Professional development opportunities.
• Flexible work arrangements.
• Diversity and inclusion learning programs.
• Cultural awareness activities.