Head of Global Aerospace Actuarial 12 Month FTC

Join us as Head of Global Aerospace Actuarial on a 12 month fixed term contract.

How you will create an impact

This role is responsible for leading the pricing, planning and portfolio management actuarial support and reviewing, agreeing and communicating reserve results for AIG’s industry leading Aerospace businesses globally totaling nearly $1bn of GWP.   As part of the global management team, this individual will provide actuarial advice and data driven insights that will support underwriting decisions.  The role will report to the Head of Global Specialty Actuarial.

Some of the key responsibilities include:

• Provide thought leadership into the profitability of the book of business and guide senior leadership in making decisions on growth, rate action, remediation and product changes.

• Ensuring the delivery of regular, consistent and reliable analysis and recommendations for all areas of the business, regular underwriting performance studies to improve the understanding of the current and projected financial stability and risk profile risk of the business.

• Support the development, alignment, and execution of portfolio strategies, working with global product line leaders and regional teams located across the world.

• Management responsibility of overseeing a team of pricing actuaries.

• Work closely with the technical pricing function to enhance pricing and modelling capabilities.  Drive the implementation of first-in-class rating and portfolio management tools.

• Review, agree and confirm reserving output for Aerospace from global reserving team.

• Collaborate with regional actuarial functions supporting a one-team ethos.

• Work closely with underwriting, reserving actuaries, claims department, and cat modelling/risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.

• Engage with finance on execution of planning exercise and forward looking scenarios.

• Individual account pricing on large accounts and schemes.

What we're looking for:

• Senior level actuarial pricing experience within General Insurance

• Ability to communicate actuarial concepts to non-specialists is highly desired

• Proven leadership, influencing and negotiation skills in a highly matrixed environment; able to resolve differences while maintaining positive working relationships

• Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines

• Excellent written and verbal communication skills

• Exceptional analytical and critical thinking skills, with thorough attention to detail

• Strong project management skills and drive-for-results mentality, with the ability to multi-task and make decisions in a business context

#LI-AIG

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.  

TH - Other

AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd