Supervisory Role - Actuary - Insurance

Job Role: Supervising Actuary

This will be for the outsourced process of AIG, thus the incumbent will work for AIG as a client on a continuous basis. Exposure to Non life domain in Actuary, reserving and pricing.

This is extremely urgent and we are looking at incumbents who can join in a short span of time

Job Title - Supervising Actuary

Location - GGN

AIG advises a range of companies - from technology startups to publicly traded, Fortune 500 in size - on solutions to manage their global risk. In today's ever more complex, interconnected, global world, the science of risk management is critical to achieving business objectives.

AIG views actuaries as the inventive force behind business profit evaluation and optimal reserving. They leverage big data so business leaders make more informed decisions. Among other projects, actuaries at AIG monitor key performance indicators, identify dynamic and changing trends, ensure compliance with the evolving legal landscape, and help ensure the long term viability of AIG as an enterprise.

AIG has an Exciting opportunity for a talented leader and Actuary in our Atlanta Actuarial Center. The Supervising Actuary will assist in supervising a small team of actuaries, and provide reserving and financial reporting support to the Property/Casualty profit centers of AIG. The job involves the analysis of the reserves needed for various classes of casualty business such as workers compensation, general liability, excess casualty, auto liability and environmental liability; assisting in the production of the Schedule P and other related annual statement exhibits, other statutory quarterly statements and management reporting information for the AIG PC GAAP and Statutory financials. Incumbent will interact regularly with senior actuarial management of AIG PC on reserve issues related to the profit centers.

This individual will report to the Head of the AIG Atlanta Actuarial Center.

Major Objectives

- Supervise staff in the analysis of information to determine the adequacy of loss and loss expense reserves using actuarial techniques; supervise and prepares reserve study documentation; prepare information for financial statements.

- Responsible for timely and accurate analysis of loss reserves and accurate booking of the appropriate IBNR.

- Perform all duties inherent in a management role. Ensure effective staff training/cross training, interview candidates for employment, evaluate staff performance, and recommend new hires, promotions, salary, and disciplinary actions as appropriate.

- Communicate with and advise senior management, as well as underwriters, comptrollers, claims, or legal departments. Represent company at official functions and/or industry actuarial committees Interact with outside regulators and auditors to provide technical and professional information and guidance.

- Keep aware of emerging issues affecting product lines and adjusts analysis as appropriate.

- Assist in measuring reserve and pricing risk for each assigned division and the implications for capital management.

Requirements

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

- 8 years or more of property casualty actuarial experience, with some in reserving.

- ACAS or FCAS.

- Advanced knowledge of actuarial reserving methodologies and techniques.

- Ability to look at all matters creatively and with ingenuity.

- Strong mathematical, problem solving, and analytical skills.

- Excellent communication, presentation and interpersonal skills.

- Strong business and collaboration skills, and responsive to service needs and operational demands.

- Work well both independently and as part of a team.

- Excellent management and leadership skills.

Ajay
M-9810105767