Actuarial Analyst in London

Join us as an Actuarial Analyst to take your career to the next level with an international market leader. We have several roles available across our Pricing & Reserving teams.

Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies, globally. We collaborate with Underwriting, Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.

How you will create an impact

You will be responsible for supporting a product area, providing pricing analyses and granular performance monitoring. This is a fantastic role for a bright, enthusiastic graduate who has an interest in developing a career in Actuarial. We offer great career progression, and we will support you in developing your technical skills and in becoming a qualified Actuary.

Some of the key responsibilities include:

• Providing the business with the actuarial support they require to profitably grow their business and take remedial action where needed.
• Supporting the development, alignment, and execution of portfolio strategies.
• Active involvement in technical pricing tool development and modelling of risks.
• In co-ordination with the actuarial pricing team, monitoring rates for renewal and new business, ensuring technical pricing models are in place and reviewed regularly and that any deviation is justified and monitored.
• Producing pricing analyses for large accounts and schemes within agreed timescales, working closely with underwriters.
• Reporting performance at granular level (account and rating factor) so that underwriters can optimise performance.
• Working closely with underwriting management to identify profitable new business and growth opportunities.
• Ensuring data used for pricing and monitoring is complete, accurate, adequate and timely.
• Compliance with key regulatory and risk management procedures.

What we’re looking for

• Degree in Actuarial Science, Mathematics or related discipline – 2:1 or above.
• Willing to pursue membership in a recognised actuarial society.
• Strong analytical and problem solving skills.
• Strong work ethic with a willingness to learn.
• Work well both independently and as part of a team.
• Excellent communication and interpersonal skills.
• Coding experience in Python, R or other programming languages desirable.

Applications close: Monday 22nd June. We would encourage you to complete our free virtual job simulation to help prepare for what the role will entail and experience a day in the life as an Actuarial Analyst at AIG!

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honoured that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.