Actuarial Pricing Analyst - Casualty

Welcome to the exciting world of actuarial pricing at American International Group (AIG)! As a Casualty Actuarial Pricing Analyst, you will play a critical role in helping AIG achieve financial success by analyzing and pricing insurance products in the casualty line of business. Your expertise in data analysis and predictive modeling will be utilized to develop profitable pricing strategies and support decision-making across the organization. We are seeking a talented and driven individual with a strong background in actuarial science and a passion for the insurance industry. Join our dynamic team and make an impact on the future of AIG!

1. Analyze and price insurance products in the casualty line of business to support AIG's financial success.
2. Utilize data analysis and predictive modeling techniques to develop profitable pricing strategies.
3. Collaborate with cross-functional teams and business leaders to support decision-making processes.
4. Conduct thorough research and analysis to identify market trends, competitor pricing, and potential risks.
5. Monitor and evaluate the performance of current pricing strategies and make recommendations for improvements.
6. Stay up-to-date on industry regulations and changes in market conditions that may impact pricing.
7. Utilize actuarial principles and methods to determine appropriate pricing for different types of insurance products.
8. Develop and maintain actuarial models and tools for pricing analysis.
9. Communicate complex actuarial concepts and findings to non-technical stakeholders in a clear and concise manner.
10. Collaborate with underwriters and other business partners to ensure pricing strategies align with business objectives and goals.
11. Continuously analyze and improve pricing processes to increase efficiency and accuracy.
12. Mentor and provide guidance to junior team members to facilitate their professional growth.
13. Act as a subject matter expert on casualty actuarial pricing within the organization.
14. Adhere to all company policies, procedures, and regulatory requirements.
15. Continuously seek opportunities to innovate and improve pricing methodologies and techniques.

According to JobzMall, the average salary range for a Actuarial Pricing Analyst - Casualty in London, UK is £35,000 to £60,000 per year. This can vary depending on factors such as experience, skills, and the specific company or industry the analyst works in. Some companies may offer higher salaries for more experienced analysts or for those with specialized skills in areas such as data analytics or risk management. Additionally, salaries may also include bonuses and other benefits.

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.