Portfolio Solutions Pricing Actuary — Drive Profitability in City of Westminster

Portfolio Solutions Pricing Actuary — Drive Profitability in City of Westminster

City of Westminster Full-Time 63000 - 77000 £ / year (est.) No working from home possible
American International Group, Inc.

At a Glance

  • Tasks: Lead pricing strategies and support underwriters to boost profitability across diverse portfolios.
  • Company: Join a leading global insurance firm with a strong focus on innovation.
  • Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
  • Other info: Dynamic role with a focus on governance and market-aligned pricing standards.
  • Why this job: Make a real impact in the insurance industry while collaborating with senior stakeholders.
  • Qualifications: Qualified actuary with experience in general insurance pricing.

The predicted salary is between 63000 - 77000 £ per year.

American International Group, Inc. in London seeks an experienced actuary to join its Portfolio Solutions Pricing team.

You will lead pricing across multi-line portfolios and support underwriters to develop more profitable opportunities, collaborating with senior stakeholders across the business.

The role covers multiple classes, with emphasis on governance, data collection, and market-aligned pricing standards (eg: Lloyd's BPPF).

A qualified actuary with GI pricing experience is essential.

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Portfolio Solutions Pricing Actuary — Drive Profitability in City of Westminster employer: American International Group, Inc.

At AIG, we pride ourselves on being a global leader in the insurance industry, offering a dynamic work environment that fosters collaboration and innovation. As a Syndicates Financial Controller, you'll benefit from our comprehensive Total Rewards Program, which prioritises your health, wellbeing, and professional development, all while working in a culture that values diversity and inclusion. Join us in London, where you can grow your career alongside a talented team dedicated to making a meaningful impact in the world of insurance.

American International Group, Inc.

Contact Details:

American International Group, Inc. Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Portfolio Solutions Pricing Actuary — Drive Profitability in City of Westminster

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like American International Group, Inc.). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like American International Group, Inc.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Portfolio Solutions Pricing Actuary — Drive Profitability in City of Westminster

Actuarial Skills
Pricing Strategy
Governance
Data Collection
Market-Aligned Pricing Standards
Collaboration
Stakeholder Management

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at American International Group, Inc..

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at American International Group, Inc.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at American International Group, Inc.

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at American International Group, Inc. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at American International Group, Inc., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding American International Group, Inc.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.