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- Tasks: Support Global Aerospace business with pricing analyses and performance monitoring.
- Company: AIG is a global leader in insurance solutions, innovating to deliver better customer outcomes.
- Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
- Why this job: Join a culture of inclusion and continuous learning while making a real impact in risk management.
- Qualifications: Degree in Mathematics or related field; 2 years of experience in General Insurance required.
- Other info: AIG values in-person collaboration for a supportive work environment.
The predicted salary is between 36000 - 60000 £ per year.
Join us as an Actuarial Pricing Analyst to take your career to the next level with an international market leader.Make your mark in ActuarialOur Actuaries are on the front lines quantifying risk pricing insurance and reserving losses for AIGs 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 impactThe Global Specialty Actuarial Analyst will be responsible for supporting the Global Aerospace business providing pricing analyses and granular performance monitoring.This is a fantastic role for a bright enthusiastic Analyst with a couple of years of experience within General Insurance. We offer great career progression and we will support you in developing your technical skills and in becoming a qualified Actuary.Some of the key responsibilities include:Providing the Global Aerospace businesses with the actuarial support they require to profitably grow their business and take remedial action where needed.Support the development alignment and execution of portfolio strategies.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.Produce pricing analysis for large accounts and schemes within agreed timescales working closely with underwriters.Report performance at granular level (account and rating factor) so that underwriters can optimize performance.Work closely with underwriting management to identify profitable new business and growth opportunities.What were looking forDegree in Mathematics or related discipline2 years of actuarial or data science experience within General InsuranceStrong analytical and problem solving skillsStrong work ethic with a willingness to learnStrong MS Excel skillsCoding experience in Python R VBA or other programming languagesExcellent communication and interpersonal skills#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 mattersAt AIG our people are our greatest asset. We know how important it is to protect and invest in whats 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 securityas well as your professional developmentto bring peace of mind to you and your family.Reimagining insurance to make a bigger difference to the worldAmerican International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds 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 inclusionWere committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .Functional Area:AC – ActuarialAIG Europe S.A. (U.K. Service Branch) & American International Group UK LtdRequired Experience:Exec Key Skills SQL,Python,Compliance,Access,Actuarial Models,Acturial support,Data Collection,Powerpiont,SAP,Tableau,Excel,Mathematics,VBA,Data Analysis,Statistical Analysis Employment Type : Full-Time Experience: years Vacancy: 1
Actuarial Pricing Analyst â Global Specialty employer: Dr Jobs
Contact Detail:
Dr Jobs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Pricing Analyst â Global Specialty
✨Tip Number 1
Familiarise yourself with the specific actuarial tools and software mentioned in the job description, such as SQL, Python, and Excel. Being able to demonstrate your proficiency in these areas during interviews can set you apart from other candidates.
✨Tip Number 2
Network with current or former employees of AIG or similar companies. Engaging with professionals in the field can provide you with valuable insights into the company culture and expectations, which can help you tailor your approach when applying.
✨Tip Number 3
Stay updated on industry trends and developments in actuarial science, particularly within the General Insurance sector. Being knowledgeable about current events can help you engage in meaningful discussions during interviews and showcase your passion for the field.
✨Tip Number 4
Prepare to discuss specific examples from your previous experience that highlight your analytical skills and problem-solving abilities. Be ready to explain how you've used data to drive decisions or improve processes, as this aligns closely with the responsibilities of the role.
We think you need these skills to ace Actuarial Pricing Analyst â Global Specialty
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial science and data analysis. Emphasise your skills in Python, R, and Excel, as well as any specific projects or roles that demonstrate your analytical capabilities.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities of the Actuarial Pricing Analyst position, particularly your experience in General Insurance and your problem-solving skills.
Showcase Your Technical Skills: Include specific examples of your coding experience and any technical pricing tools you have worked with. This will help demonstrate your ability to contribute to the development and enhancement of pricing models.
Highlight Communication Skills: Since the role involves collaboration with various teams, emphasise your communication and interpersonal skills. Provide examples of how you've successfully worked with others to achieve common goals in previous roles.
How to prepare for a job interview at Dr Jobs
✨Showcase Your Analytical Skills
As an Actuarial Pricing Analyst, strong analytical skills are crucial. Be prepared to discuss specific examples from your previous experience where you successfully analysed data or solved complex problems. Highlight any relevant projects that demonstrate your ability to work with large datasets and derive meaningful insights.
✨Demonstrate Technical Proficiency
Make sure to highlight your technical skills, especially in MS Excel and any programming languages like Python or R. You might be asked to solve a technical problem during the interview, so brush up on your coding skills and be ready to showcase your proficiency in actuarial models and data analysis.
✨Understand the Business Context
Familiarise yourself with the Global Aerospace business and the insurance industry as a whole. Understanding how pricing strategies impact profitability will show your potential employer that you can contribute to their goals. Prepare to discuss how you would approach pricing analyses and performance monitoring in this context.
✨Communicate Effectively
Excellent communication skills are essential for this role, as you'll need to collaborate with various teams. Practice articulating your thoughts clearly and concisely. Be ready to explain complex actuarial concepts in simple terms, as you may need to present your findings to non-technical stakeholders.