Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead pricing analysis and support the Global Specialty Marine business.
- Company: Join AIG, a global leader in insurance solutions.
- Benefits: Comprehensive benefits package focused on health, wellbeing, and professional development.
- Why this job: Make an impact in a dynamic sector while growing your actuarial career.
- Qualifications: 7+ years of actuarial pricing experience and strong analytical skills required.
- Other info: Inclusive culture with opportunities for continuous learning and development.
The predicted salary is between 36000 - 60000 £ per year.
Join us as an Actuarial Pricing Manager in our Marine team to take your career to the next level with an international market leader.
Make your mark in Actuarial
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.
- Direct line management responsibility 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.
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 honored 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.
Marine Actuarial Pricing Manager in London employer: American International Group
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Marine Actuarial Pricing Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your communication skills! As an actuary, you'll need to explain complex concepts clearly. Try explaining your work to friends or family who aren't in the field to sharpen your ability to communicate effectively.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining our team and ready to make an impact in the Marine sector.
We think you need these skills to ace Marine Actuarial Pricing Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Marine Actuarial Pricing Manager role. Highlight your relevant experience, especially in pricing analysis and team management, to show us you’re the perfect fit for our team.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about actuarial science and how your skills align with our needs. Use specific examples from your past work to demonstrate your expertise and enthusiasm for the role.
Showcase Your Technical Skills: Don’t forget to mention your proficiency in Python, R, or VBA in your application. We want to see how you can contribute to our technical pricing tool development and analysis right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at American International Group
✨Know Your Numbers
As a Marine Actuarial Pricing Manager, you'll need to demonstrate your strong analytical skills. Brush up on key actuarial concepts and be ready to discuss how you've applied them in previous roles. Prepare examples of your pricing analysis and performance monitoring to showcase your expertise.
✨Showcase Your Technical Skills
Familiarity with Python, R, and VBA is crucial for this role. Be prepared to discuss specific projects where you've used these tools. If possible, bring along a portfolio or examples of your work that highlight your technical prowess and how it has benefited your previous employers.
✨Communicate Clearly
You'll need to explain complex actuarial concepts to non-specialists. Practice simplifying your explanations and think of analogies that make your points relatable. This will not only show your communication skills but also your ability to collaborate with diverse teams.
✨Understand the Business
Research AIG's Marine business and its market position. Familiarise yourself with recent trends in the insurance industry, especially in marine insurance. Being able to discuss how you can contribute to their goals will set you apart from other candidates.
