Marine Actuarial Pricing Manager in London

Join us as an Actuarial Pricing Manager in our Marine team to take your career to the next level with an international market leader.

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 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

The Marine Actuarial Pricing Manager will be responsible for supporting the Global Specialty Marine business, providing pricing analysis and granular performance monitoring. This is a fantastic role for an experienced pricing actuary who wants to grow their career in this really exciting sector. You will be part of a team which services the Marine business globally, so you will get exposure to a broad range of stakeholders, markets and products.

Key Responsibilities

• Direct line management responsibility for junior members of staff.
• Providing the Global Specialty Marine Business with the actuarial support they require to profitably grow their business and take remedial action where needed.
• Actively involved in technical pricing tool development, analysis, and enhancements, whilst considering local market requirements.
• In co-ordination with the actuarial pricing team, monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly and that any deviation is justified, monitored and consistent amongst regions.
• Report and analyse performance at granular level (account and rating factor) so that underwriters can optimise performance.
• Ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.
• Comply with key regulatory and risk management procedures.
• Adherence to Global and matrix decision making standards within the authorities provided.

What You'll Need to Succeed

• Bachelors degree or equivalent in Mathematics/Actuarial Science.
• Qualified member of an Actuarial Institute or equivalent experience.
• 7+ years' actuarial pricing experience.
• Knowledge of Python, R, VBA.
• Ability to communicate actuarial concepts to non-specialists.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.

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.

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.

Equal Opportunity Statement

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.