At a Glance
- Tasks: Lead data analysis and collaborate with actuarial teams to drive impactful decisions.
- Company: Join AIG, a global leader in insurance solutions, committed to innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Inclusive culture that values diversity and continuous learning.
- Why this job: Make a real difference in how we manage risk and support communities.
- Qualifications: 7+ years in business analysis with strong actuarial knowledge and Agile experience.
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks. At AIG, we are reimagining the way we help customers to manage risk. Join us as Lead Business Analyst – Actuarial Commercial Lines to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
General Insurance is a leading provider of insurance products and services – focused on helping to manage risk for commercial and personal customers. We offer a broad range of products through a diversified, multi-channel distribution network, including one of the world’s most far-reaching property casualty networks. The Data Office supports the overall General Insurance product by managing Data, Data Governance, and the presentation of the data (Business Intelligence Delivery).
AIG is looking for a driven individual to assume a critical role within the Data Office. This role will work directly with the Actuarial and Data teams to ensure a clear understanding of data and analytics needs and priorities. In addition, the individual will hold Global Data Warehouse Product Ownership responsibilities, ensuring execution aligns with the highest business priorities and Data Office strategy, and that sunset opportunities are realized.
The Business Analyst – Actuarial, Commercial Lines role sits within the Global Data Office at the intersection of business strategy, data, and analytics, and works closely with Commercial Lines Actuarial Groups. The ideal candidate will have a strong understanding of actuarial concepts (reserving, pricing, and risk assessment), proven data and analytics capabilities, excellent communication skills, and experience as an Agile Product Owner. In this role, you will translate complex actuarial business requirements into actionable data engineering specifications by collaborating directly with data development teams. As a trusted business partner and product owner within the Global Data Warehouse, this role will help shape how AIG uses data to make better decisions, simplify its analytics landscape, and focus investments where they matter most.
Responsibilities
- Business Requirements: Lead deep, structured requirement sessions with senior actuaries to understand workflows, data nuances, and reporting needs, creating detailed functional specifications.
- Stakeholder Management: Facilitate alignment across actuaries and Data Office teams on project priorities, project timelines, and management of the deliverables.
- Product Owner for Data Platform & Tool Development: Develop roadmaps for actuarial data and tool development requirements and partner with data engineers to build and deploy them in a timely manner.
- Agile Development Leadership & Product Backlog Management: Act as the Business Analyst Lead within an agile team, facilitating user story refinement, sprint planning, and daily scrums.
- Backlog Grooming: Translate actuarial requirements (reserving, pricing, modeling) into actionable user stories, epics, and acceptance criteria for developers.
- Data Governance & Quality: Ensure compliance with data standards and maintain rigorous documentation for data lineage, testing, and production changes.
What you'll need to succeed
- Experience: 7+ years of experience in business analysis, actuarial tool design within the insurance/financial industry.
- Education: Bachelor’s degree in actuarial science, Computer Science, Data Analytics, Mathematics, or related field.
- Actuarial Knowledge: Strong understanding of Commercial Insurance actuarial concepts (e.g., reserving methods, pricing tools).
- Data Proficiency: Experience with data environments, ETL and visualization tools.
- Leadership: Demonstrated experience leading Agile teams and managing product backlogs.
- Soft Skills: Excellent communication skills, with the ability to translate technical concepts to non-technical stakeholders.
Preferred Qualifications: Actuarial Credentials, actuarial exams, or deep understanding of actuarial reserving/pricing concepts.
Ready to make a bigger impact? We look forward to reviewing your application. Veterans are encouraged to apply.
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.
Lead Business Analyst: Data Office - Actuarial Data & Tools employer: American International Group
At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is evident through our comprehensive Total Rewards Program, which prioritises health, wellbeing, and professional development. Located in vibrant hubs like New Jersey and New York, we cultivate a culture of inclusion and support, ensuring that every team member can thrive while making a meaningful impact in the insurance industry.
Contact Details:
American International Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Lead Business Analyst: Data Office - Actuarial Data & Tools
✨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). 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. 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 Lead Business Analyst: Data Office - Actuarial Data & Tools
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.
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. 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
✨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 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, 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'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.
