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At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Actuarial Analyst, Managing General Agent (MGA) in a fast paced, collaborative, agile environment. It’s an opportunity to make a high impact, as a valued member of the team in a transforming business.

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 part of the AIG Actuarial team, you will be challenged and encouraged to reach your greatest potential to help improve how we manage our portfolios.

How you will create an impact

The AIG Actuarial team support AIG’s businesses and are responsible for technical pricing, product development analytics and performance measurement in collaboration with Underwriters, Distribution, Operations and Financial Management.

Reporting directly into the MGA Actuarial lead, the Senior Actuarial Analyst role is an integral part of AIG’s MGA team and will support the pricing, monitoring and profitability assessments of all the MGAs across Australia and New Zealand. The role will have reach across geographical and functional boundaries to create alliances that further the organization’s MGA objectives.

Key accountabilities will include but not limited to:

• Support proactive, regular portfolio management to ensure sustainable profitable growth
• Support development and implementation of best practice portfolio management and monitoring tools, covering top line metrics as well as key lead indicators such as strike rates, rate changes, retention, inflationary trends
• Support regular assessment of profitability
• Support development of new or refine existing pricing/ rating models and technical raters. Where appropriate, use advanced analytics and predictive modelling analyses
• Support detailed profitability studies and budget loss ratio by segment, to support strategy and risk appetite
• Support due diligence analysis for new MGA opportunities
• Assist with proactive engagement with underwriters, functions and MGAs, providing strategic direction and recommendations
• Assist in other ad-hoc analyses as required

What you’ll need to succeed

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or other quantitative degrees.
• Prior general insurance experience.
• Experience in programming across at least one of Python, R, and SQL an advantage.
• Experience with databases and proficient data extraction/manipulation skills an advantage.
• Demonstrated analytical and problem-solving skills.
• Flexibility to adapt quickly to changing priorities.
• Ability to manage multiple tasks, meet tight deadlines and prioritise own work.
• Proven track record of collaboration delivering quality, accurate results in an efficient manner.
• Professional behaviour with high level of integrity, including strong interpersonal skills.
• Effective project & time management and strong communication skills.
• Strong oral and written communication skills and ability to build positive relationships with stakeholders.

Ready to maximise your impact whilst taking your development to the next level? We look forward to reviewing your application.

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 [email protected].  

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