Global Aerospace Actuary - London, United Kingdom - AIG

AIG

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Aerospace Actuary

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization.

Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions.

These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial

and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through

a diversified, multichannel distribution network.

Your future team

As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem
- solving skills as you improve how we predict and mitigate risk. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG's major regulated and rated insurance operating companies globally. Portfolio Analytics and Pricing Actuaries support AIG's businesses and are responsible for technical pricing, product development analytics and performance measurement. They collaborate with Marketing, Operations and Financial Management.

About the role

What you need to know:

The aerospace actuary will be responsible for supporting the global aerospace business, providing pricing analysis, insight and performance monitoring
Providing the global aerospace business with the actuarial support they require to profitably grow their business; help identify opportunities and strategies to achieve the business plan
Large account pricing to provide robust, best estimate pricing on our largest and most complex clients
Support the delivery of the aerospace rating tool transformation plan a key deliverable over the next two years
Ensure rating tools are kept up to date with latest assumptions and inline with expected performance. Perform rate reviews where required
Develop and manage detailed portfolio MI across geographies and products
Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
Responsible for training and mentoring junior members of staff
Comply with key regulatory and risk management procedures
Take responsibility for own, taking opportunities to improve both technical and softer skill

What we are looking for:

Nearly or newly qualified member of an Actuarial Institute
Demonstrable insurance experience
Experience in aerospace or specialty lines of business preferred
Proven proficiency in actuarial pricing concepts/methodologies
Increasing understanding of general insurance including underwriting policies, claims handling policies and local legislation
Knowledge of PC and mainframe environments
Coding experience desirable
Developing ability to communicate actuarial concepts to nonspecialists.
Ability to forge relationships with other areas of the business
Ability to work under own initiative and show flexibility to meet business needs
Ability to meet tight deadlines and prioritise own work
Professional behaviour with high level of integrity

A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing.

We provide a variety of leaves for personal, health, family and military needs.

For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community.

Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers.

We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment.

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 such as sexual orientation.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a