Senior Actuarial Analyst - Financial Lines
Senior Actuarial Analyst - Financial Lines

Senior Actuarial Analyst - Financial Lines

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Financial Lines team to analyse risk and drive profitable growth.
  • Company: AIG, a global leader in insurance solutions with a collaborative culture.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Why this job: Make a real impact in the dynamic world of specialty insurance.
  • Qualifications: Bachelor's degree in Mathematics/Actuarial Science and 2+ years of actuarial experience.
  • Other info: Inclusive culture that values diversity and continuous learning.

The predicted salary is between 36000 - 60000 £ per year.

Senior Actuarial Analyst – Financial Lines page is loaded## Senior Actuarial Analyst – Financial Lineslocations: Londontime type: Full timeposted on: Offre publiée aujourd\’huijob requisition id: JR2505026Join us as a Senior Actuarial Analyst within our Financial Lines 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**We are looking for a curious, driven and commercially minded Pricing Actuary to join our Financial Lines team – one of the most dynamic and diverse areas of specialty insurance. You will have a chance to work across a broad range of products – from Professional Indemnity and D&O to Cyber and involved in portfolio management, large account pricing, granular performance monitoring and technical model development.You will work on diverse projects and collaborate closely with the business to drive better outcomes across our portfolio.Some of the key responsibilities include:* Provide the business with the actuarial support they require to profitably grow their business and take remedial action where needed.* Produce transactional pricing analysis for accounts within agreed timescales, working closely with underwriters.* Actively involved in technical pricing tool development 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 and monitored.* Report 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.**What you’ll need to succeed*** Bachelors degree or equivalent in Mathematics/Actuarial Science* Part qualified actuary* 2+ years’ actuarial experience in pricing or reserving.* Strong MS Excel skills* Strong coding ability in either VBA, R or Python preferable* Strong communicator with the ability to forge relationships with other areas of the business* Ability to work under own initiative and show flexibility to meet business needs#LI-AIGAt 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.Functional Area:AC – ActuarialAIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd #J-18808-Ljbffr

Senior Actuarial Analyst - Financial Lines employer: American International Group

AIG is an exceptional employer that prioritises the growth and well-being of its employees, offering a comprehensive Total Rewards Program that supports health, financial security, and professional development. Located in London, our collaborative work culture fosters innovation and inclusivity, allowing you to thrive as a Senior Actuarial Analyst while making a meaningful impact in the dynamic field of specialty insurance. Join us to be part of a global leader that values your contributions and invests in your future.
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Contact Detail:

American International Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuarial Analyst - Financial Lines

✨Tip Number 1

Network like a pro! Reach out to current or former employees at AIG through LinkedIn. Ask them about their experiences and any tips they might have for landing the Senior Actuarial Analyst role. Personal connections can give you insights that job descriptions just can't.

✨Tip Number 2

Prepare for the interview by brushing up on your technical skills. Since this role involves coding in VBA, R, or Python, make sure you can demonstrate your proficiency. We recommend doing some practice problems or even creating a small project to showcase your abilities.

✨Tip Number 3

Showcase your soft skills! The job requires strong communication and relationship-building abilities. Think of examples from your past experiences where you successfully collaborated with others or resolved conflicts. We want to see how you can fit into the team!

✨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 genuinely interested in joining AIG and being part of our amazing culture.

We think you need these skills to ace Senior Actuarial Analyst - Financial Lines

Actuarial Science
Pricing Analysis
Portfolio Management
Technical Model Development
Data Accuracy and Completeness
Regulatory Compliance
MS Excel
VBA
R
Python
Communication Skills
Relationship Building
Problem-Solving Skills
Flexibility
Initiative

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Actuarial Analyst role. Highlight your relevant experience in pricing and reserving, and don’t forget to showcase your strong MS Excel skills and coding abilities in VBA, R, or Python.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your curiosity and drive, and explain how your background aligns with our Financial Lines team. Show us why you’re the perfect fit for this dynamic area of specialty insurance.

Showcase Your Communication Skills: As a Senior Actuarial Analyst, you'll need to forge relationships across various teams. In your application, highlight examples of how you've effectively communicated complex actuarial concepts to non-technical stakeholders.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team at AIG!

How to prepare for a job interview at American International Group

✨Know Your Numbers

As a Senior Actuarial Analyst, you'll be dealing with complex data and pricing models. Brush up on your mathematical skills and be ready to discuss how you've used them in past roles. Be prepared to explain your thought process when analysing data or developing models.

✨Showcase Your Coding Skills

Since strong coding ability in VBA, R, or Python is preferred, make sure you can talk about your experience with these languages. Bring examples of projects where you've used coding to solve actuarial problems or enhance pricing tools. This will demonstrate your technical prowess.

✨Communicate Effectively

Actuaries need to collaborate with various teams, so highlight your communication skills. Prepare examples of how you've successfully worked with underwriters or other departments to achieve business goals. Show that you can translate complex actuarial concepts into understandable terms for non-technical colleagues.

✨Understand the Business

Familiarise yourself with AIG's Financial Lines products and the current market landscape. Be ready to discuss how you can contribute to profitable growth and risk management. Showing that you understand the business context will set you apart as a candidate who is not just technically skilled but also commercially minded.

Senior Actuarial Analyst - Financial Lines
American International Group
Location: City of London
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