Associate Actuary - Rater Delivery
Welcome to American International Group, a leading global insurance company! We are currently seeking a highly motivated and detail-oriented individual to join our team as an Associate Actuary - Rater Delivery. As an Associate Actuary, you will play a critical role in our rating and pricing processes, ensuring accuracy and efficiency in our product delivery. This is an exciting opportunity for a skilled actuary to make a significant impact on our business while developing their professional skills. If you have a strong analytical mindset, a passion for data and numbers, and a desire to grow in the insurance industry, we encourage you to apply. Join us in our mission to protect and support our clients' financial well-being.
- Utilize actuarial principles and techniques to analyze data and develop accurate rating structures for insurance products.
- Collaborate with cross-functional teams to understand business needs and provide recommendations for product pricing and risk management.
- Conduct thorough research and analysis to identify market trends, competitive landscape, and potential risks to inform pricing decisions.
- Develop and maintain actuarial models and tools to support rating and pricing processes.
- Monitor and evaluate the performance of existing insurance products, making recommendations for adjustments as needed.
- Ensure compliance with regulatory requirements and company policies in all rating and pricing activities.
- Communicate complex actuarial concepts and analysis to non-technical stakeholders in a clear and concise manner.
- Continuously assess and improve rating and pricing processes to increase efficiency and accuracy.
- Stay updated on industry developments and changes in actuarial standards to inform business decisions.
- Mentor and train junior team members to develop their actuarial skills and knowledge.
- Participate in cross-functional projects and initiatives to support overall business goals.
- Maintain confidentiality and professionalism in handling sensitive information and business discussions.
Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.
Minimum Of 3-5 Years Of Experience In Actuarial Roles, Preferably In The Insurance Industry.
Strong Analytical And Problem-Solving Skills, With A High Level Of Proficiency In Data Analysis And Modeling.
Knowledge Of Actuarial Principles, Techniques, And Standards, As Well As Experience Working With Actuarial Software And Tools.
Excellent Communication And Interpersonal Skills, With The Ability To Effectively Communicate Complex Actuarial Concepts To Both Technical And Non-Technical Stakeholders.
Product Development
Communication Skills
Data Analysis
statistical analysis
Forecasting
Financial Modeling
Pricing strategy
Risk assessment
Insurance Regulations
Underwriting Expertise
Actuarial Methods
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Associate Actuary - Rater Delivery in Charlotte, NC, USA is between $85,000 and $120,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or industry the individual is working in. Additionally, location can also play a role in salary, as cost of living and demand for the position can impact pay rates.
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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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