Join us as a Pricing Actuary at AIG
We are seeking a talented Pricing Actuary to join our team in Sydney, NSW, AU. This is a mid-level position within our actuarial department.
About the Role
At AIG, we are reimagining how we help customers manage risk. As an Actuarial Analyst, you will develop your skills in pricing and reserving within a fast-paced, collaborative, and agile environment. You will have the opportunity to make a significant impact as part of a transforming business.
Our actuaries are at the forefront, quantifying risk, pricing insurance, and reserving losses for our major insurance entities worldwide. You will collaborate with various functions such as Finance, Claims, Operations, Marketing, and Risk Management, and be encouraged to reach your full potential to improve risk prediction, management, and mitigation.
Key Responsibilities
* Building and improving portfolio monitoring and analytics frameworks
* Developing and implementing best practice pricing models, including customer behaviors and claims scenarios
* Refining rating models using advanced analytics and predictive techniques
* Conducting profitability studies by segment to support strategic decisions
* Supporting portfolio reviews and deep dive analyses
* Mentoring junior team members
Qualifications
* Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field
* Experience in pricing and modeling, including GLM and GBM techniques; Radar experience is a plus
* Proficiency in Python/R and SQL
* Strong problem-solving skills and ability to communicate complex issues clearly
* Ability to manage multiple tasks and work effectively in a team
* Knowledge of the Australian general insurance market is advantageous
Additional Information
We value continuous learning and support your growth. Our culture promotes inclusion, belonging, and collaboration. We offer comprehensive benefits through our Total Rewards Program, focusing on health, wellbeing, and professional development.
This role is with AIG, not Hatch, though Hatch is partnering with us to find the right candidate. We welcome applications even if you don't meet 100% of the requirements.
Employment Details
* Seniority level: Mid-Senior level
* Type: Full-time
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