
Actuary - Excess Casualty
We are seeking a highly skilled and experienced Actuary to join our Excess Casualty team at American International Group (AIG). In this role, you will be responsible for analyzing and predicting potential risks for our clients in the excess casualty insurance market. We are looking for an individual who is passionate about using their analytical skills to make data-driven decisions and help our clients manage their risks effectively. The ideal candidate will have a strong background in mathematics, statistics, and insurance, as well as excellent communication and problem-solving skills. If you are a detail-oriented and driven professional with a passion for risk management, we encourage you to apply for this exciting opportunity at AIG.
- Conduct risk analysis and predict potential risks for clients in the excess casualty insurance market.
- Utilize advanced mathematical and statistical skills to analyze data and make data-driven decisions.
- Collaborate with other team members to develop and implement risk management strategies for clients.
- Communicate complex risk analysis and recommendations to clients in a clear and concise manner.
- Monitor and evaluate market trends and developments in the excess casualty insurance industry.
- Develop and maintain relationships with clients to understand their specific risk management needs.
- Stay updated on industry regulations and ensure compliance with all relevant laws and policies.
- Provide expert insight and guidance to underwriting teams on risk assessment and pricing.
- Utilize actuarial modeling techniques to assess and quantify risks for clients.
- Develop and present reports and presentations to senior management and clients.
- Collaborate with other departments such as claims and legal to address risk management issues.
- Identify potential areas of improvement in risk management processes and make recommendations for enhancements.
- Train and mentor junior team members on risk management principles and techniques.
- Participate in industry conferences and events to stay updated on industry developments and network with industry professionals.
- Adhere to AIG's code of conduct and maintain confidentiality of sensitive information.
Bachelor's Or Master's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.
At Least 5 Years Of Experience In Actuarial Roles, With A Focus On Excess Casualty Insurance.
Strong Analytical And Problem-Solving Skills, With The Ability To Effectively Communicate Complex Ideas And Findings.
Expertise In Actuarial Techniques And Methodologies, Including Pricing, Reserving, And Risk Modeling.
Proficiency In Industry-Specific Software And Tools, Such As Excel, Sql, And Actuarial Modeling Software.
statistical analysis
Financial Modeling
Claims Management
Risk assessment
Contract analysis
Data Interpretation
Risk management strategies
Actuarial Pricing
Underwriting Expertise
Catast
Loss Reserve Estimation
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Organization
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Actuary - Excess Casualty is $100,000 to $150,000 per year. This can vary depending on factors such as location, experience level, and specific job responsibilities. Some highly experienced actuaries in this field may earn upwards of $200,000 per year.
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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.

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