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AIG · 2 weeks ago

Head Pricing Actuary - Management Liability

Chicago, IL

Full-time

Onsite

Director/Executive

$180K/yr - $225K/yr

10+ years exp

AIG is a global leader in commercial and personal insurance solutions, and they are seeking a Head of Pricing - Management Liability to lead the pricing function for the Management Liability segment. The role involves managing a team of actuaries and overseeing pricing, modelling, and advanced analytics for various Management Liability product lines.

BankingFinancial ServicesInsurance

Responsibilities

Perform and communicate the results of pricing studies for Management Liability product segments

Construct & maintain advanced models for various business functions such as pricing or claim trend monitoring

Work closely with underwriting business partners to review market trends, understand portfolio shifts, identify pockets of profitable business, monitor emerging issues, and help management develop and quantify the impact of underwriting actions

Maintain a robust command of public D&O / security class action trends & claim activity

Perform unique & innovative individual account rating analyses as needed

Help advance the broader Financial Lines team’s ability to perform deeper analytics by proposing new ideas, trying new techniques, and leading innovative projects

Support the annual profit study & planning process

Support rate filings as needed

Lead a team of actuaries through coaching, mentoring, and project management

Qualification

FCASManagement LiabilitySQLR/PythonActuarial ScienceAnalytical skillsCoaching skillsProblem-solving skillsCollaboration skillsCommunication skills

Required

BS in Actuarial Science, Mathematics, Statistics, or related area

Credentialed FCAS

10 years or more experience, Management Liability familiarity required

Strong analytical and problem-solving skills

Work well managing and coaching others

Strong business and collaboration skills, demonstrated ability to influence business partners

Flexibility and effective time management skills

Excellent communication, presentation, and interpersonal skills

Preferred

Experience in SQL & R/Python preferred

A thought leader, with an innate drive to continuously learn and innovate

Benefits

A range of competitive benefits

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