Director – North America Rater Delivery

Director – North America Rater Delivery

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Director – North America Rater Delivery to take on key responsibilities within a world-class actuarial function.

Make your mark in Actuarial

Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.

How you will create an impact

The North America Rater Delivery Team within Global Pricing – Actuarial develops commercial rating solutions for underwriting teams within AIG, while supporting strategic initiatives within the actuarial team.

The North America Rater Delivery Team works alongside international counterparts, Product Actuaries, Underwriters, and the other teams within Global Pricing (Modelling and Analytics, Pricing MI and Pricing Effectiveness) to provide a comprehensive approach to pricing and portfolio optimization.

The team supports AIG’s North America Commercial lines of business.

We are seeking an actuarial professional to develop python based pricing tools. This unique role offers a range of responsibilities and provides the opportunity to engage and partner with actuarial colleagues, IT, Operations, the Data Office, and Chief Underwriting Officers.  We are looking for an individual who is internally motivated, intellectually curious, can manage multiple priorities, and is driven to enhance existing processes.

• Implement complicated actuarial models on the python based hyperexponential (hx) Rating Platform.
• Standardize hx architecture patterns and enhance common modules to ease the rater build process.
• Establish training and upskilling of product actuaries to scale up the rater delivery model.
• Support Product Actuaries in developing, building, and enhancing pricing tools used across the North America commercial platform.
• Take ownership of projects utilizing Agile planning approaches, apply rigorous coding standards in reviewing the work of others and managing junior resources.
• Work closely with the Product Actuaries, Modelers, Underwriters, Business Leads, and Chief Underwriting Officers to implement efficiencies to pricing tools and raters.
• Assist in developing segment specific algorithm design, actuarial code review, testing and test reporting.
• Supervise and train junior staff.

What you'll need to succeed

• BS in Actuarial Science, Mathematics, Statistics, or related area
• 7 years or more in commercial and / or financial lines pricing preferred
• At least five years of relevant experience, particularly in development and maintenance of python based systems
• Expert in coding in Python – understanding of advanced coding techniques (abstraction, design patterns, unit testing) and CI/CD tooling and processes to ensure high quality results
• Used to working in development teams and familiar with their practices
• Proficiency with Git and GitHub as part of a collaborative development workflow, including pull requests, conflict resolution, code review workflows and branch management.
• Experience with testing frameworks (pytest, unittest)
• Experience in Technical Delivery using Agile methodology
• Familiarity transforming and analyzing structured, semi-structured, and unstructured (JSON) data
• Expertise in Excel, SQL, VBA, JavaScript or other programming languages will be useful
• Strong analytical and problem solving skills
• Work well both independently and as part of a team
• Able to lead projects independently
• Strong business and collaboration skills, and responsive to service needs and operational demands
• Effective time management skills
• Excellent communication, presentation, and interpersonal skills
• Proficiency in Microsoft Office required
• Customer focused

Ready to set new industry standards? We would love to hear from you.

#LI-CM1 #Actuary #Actuarial #Pricing

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.