AC - Actuarial
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
American General Life Insurance Company
Actuarial Assistant is an entry-level Actuarial position. Actuaries begin as students that rotate in various positions throughout the actuarial departments in order to gain a wide range of knowledge and experiences that can be leveraged throughout the Actuary's career. Although not every rotation path is the same, common roles often include, but are not limited to, Valuation, Product Development, Asset-Liability Management, and Experience Analysis.
During the initial rotation for this position, the Actuarial Assistant reports to the Manager of Deferred Annuity DAC Valuation. The Actuarial Assistant works closely with other local accounting/finance teams including Financial Reporting, Budget and Planning, External/Internal Audit, SOX Audit, Information Technology, Pricing, Enterprise Risk Management, Legal, and Product Management. The Actuary may also collaborate with other AIG actuaries located throughout various US offices.
- Prepare financial reports and provide support for various actuarial/finance projects.
- Respond to inquiries from Internal/External auditors, State Insurance department regulators, Internal Revenue Service, Legal team, Parent Company, Finance department, and senior management.
- Identify valuation issues and recommend solutions/opportunities for improvement.
- Generate, work on, and implement projects associated with Deferred Acquisition Costs for AIG annuity products
- Produce clear and concise explanations regarding valuation issues and results.
- Make consistent progress in the Society of Actuaries examination process.
The Ideal Candidate Should Have:
- Bachelor's degree in Actuarial Science or Math/Statistics.
- Completion of two of more Society of Actuaries examinations.
- Strong analytical problem solving skills.
- Familiarity with MS Office especially Access and Excel.
- Programming in SAS, Visual Basic, SQL, or C++ a plus.
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.