Senior Actuarial Analyst – Lexington Casualty
| Company | American International Group |
|---|---|
| Location | Boston, MA, USA, Chicago, IL, USA, New York, NY, USA, Parsippany-Troy Hills, NJ, USA, Atlanta, GA, USA |
| Salary | $110000 – $130000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- BS in Actuarial Science, Mathematics, Statistics or related area
- 3 or more actuarial exams
- 2+ years experience in commercial casualty lines (e.g. GL, Excess, Auto)
- Proficiency in Excel, Snowflake, SQL, Python, R, or other programming languages preferred
- Strong analytical and problem-solving skills
- Work well both independently and as part of a team
- 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
Responsibilities
- Annual deep dive reserve reviews
- Quarterly reserve monitoring
- Current accident year loss ratio review
- Booking the quarter close
- Preparing reinsurance submissions
- Partnering with other reserving actuaries in implementing best practices analytical techniques
- Partnering with pricing actuaries in assessing the impact of loss trends and claims emergence
- Partnering with claim department in assessing the impact of changes in litigation environment
- Analyzing the projected future liability of Excess Casualty including Excess General liability, Auto liability and Environmental
- Working closely with underwriting to understand the changing portfolio mix and implications for current accident year, and recommend underwritings strategy to move toward more profitable growth opportunities
- Monitoring loss trends and relevant industry/regulatory changes and effectively communicating to the management
- Monitoring rate, exposure, retention, new, lost business changes
- Developing best practices reserving techniques, including MCMC, GLMs, to be implemented across the business
Preferred Qualifications
- Proficiency in Excel, Snowflake, SQL, Python, R, or other programming languages preferred