Actuarial Analyst

New York NY
December 14 2018
Insurance, Securities
Functional Area:

AC - Actuarial

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

National Union Fire Insurance Co of Pittsburgh, PA

Job Description:

  • Work with IT systems personnel to ensure data accuracy and data requirements
  • Support in Conducting NCCI and independent bureaus WC annual financial call data reporting
  • Analyze the profitability and reserve need of casualty lines such as WC, GL and Auto
  • Work closely with underwriting and claims to accurately identify loss trends and business mix changes
  • Work closely with pricing actuaries to understand pricing trends and adequacy that will impact reserve estimates
  • Monitor and examine profitability at a granular segmentation level
  • Monitor rate, exposure, retention, new, lost business changes
  • Monitor loss trends and relevant industry/regulatory changes and effectively communicate to the management
  • Monitor and examine profitability of the commercial casualty lines by industry segment and country/region
  • Develop actuarial reports to help business effectively manage existing portfolios

Job Requirements:

  • BS in Actuarial Science, Mathematics, Statistics, or related area
  • Successful completion of actuarial exams; ACAS strongly desired
  • Three to five years or more actuarial experience in commercial casualty lines (e.g. WC, GL, Excess, and Auto) pricing preferred
  • Familiarity with NCCI and independent bureaus annual financial call data reporting is a plus
  • 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

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.