Senior Actuarial Analyst
AC - Actuarial
Estimated Travel Percentage (%):
National Union Fire Insurance Co of Pittsburgh, PA
Analyze the profitability of the Casualty lines such as Auto, GL, Med Mal, Environmental and Umbrella. Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities. Monitor rate, exposure, retention, new, lost business changes. Monitor loss trends and relevant industry/regulatory changes and effectively communicate to the management Provide business solutions to maximize risk adjusted profit. Develop actuarial reports to help business effectively manage existing portfolios. Work closely with reserving actuaries to understand reserve development and inform them of pricing and underwriting actions that will impact reserve estimates. Research and develop advanced pricing techniques Monitor and examine profitability of the commercial casualty lines by industry segment and country/region. Develop best practices of pricing techniques to be implemented around the world. Train junior staff
BS in Actuarial Science, Mathematics, Statistics, or related area. 5 or more exams 5 years or more experience in commercial casualty lines (e.g. GL, Excess, and Auto) pricing preferred Strong analytical and problem solving skills Work well both independently and as part of a team Proficiency in Excel, Access, VBA, SAS, ,R or other programming languages preferred. Strong business and collaboration skills, and responsive to service needs and operational demands Effective time management skill Excellent communication, presentation, and interpersonal skills. Customer focus
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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.
At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives