AIG Life is a rapidly growing, exciting company to work for with plans to double new business over the next three years. As we drive this growth plan and expand the company we are looking to add a Pricing Actuary to the team to build and develop the seniority of the team.
The wider Actuarial team at AIG Life covers Pricing, Reinsurance, Risk and Reporting for protection products: Term Life, Critical Illness, Income Protection and Whole of Life.
This role fits within the Partnerships Pricing team, which reports into the CFO. The Partnerships Pricing team is led by the Chief Pricing Actuary (Partnerships), who has responsibility for the pricing of new partnerships and product developments. This team helps deliver the company's business plans by helping win new partnerships and develop new products, and ensuring the pricing is appropriate and meets target profitability metrics, and risks are effectively managed.
We pride ourselves on being nimble and agile and there is a strong culture of collaboration across departments. This role requires experience of managing internal and external commercial stakeholder as there will be contact with other areas of the business including US stakeholders.
The Pricing Actuary will lead on and support the Chief Pricing Actuary in a wide range of potential exercises relating to: pricing, reinsurance, distribution, product development or other commercial actuarial work, as well as develop the more junior team members.
There are a number of areas of core work that the team are expected to complete. These are responding to and pricing new partnership opportunities, pricing new products, contributing to product development and innovation, assisting reinsurance tenders, analysing sales and profitability, and attending committees. The team are expected to own these processes, continually looking for ways to optimise and improve efficiency.
AIG Life is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA in the UK.
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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.
At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture
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