Actuary Casualty Pricing

Actuary – Canada Casualty Pricing

Join us as an Actuary – Canada Casualty Pricing to make more of your specialist expertise and experience.

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuary – Pricing to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Actuary

Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.

How you will create an impact

• Monitor profitability for Canadian profit centres and work with management to set rate targets each year
• Provide strategic actuarial advice to senior management with respect to issues such as rate indications and pricing
• Develop structure for regular review of rate adequacy and profitability transactional pricing
• Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy
• Identify current capabilities and gaps in data capture
• Coordinate and ensure consistency in approach and execution of pricing assessments, rate development and rating models.
• Work with Head Office actuaries on pricing models and ensuring proper Canadian considerations
• Produce strategy to determine what we need to be charging (technical price) and to determine what we are charging (actual price).

What you’ll need to succeed

• BS in Actuarial Science, Mathematics, Statistics, or related area.
• 7 or more years of actuarial experience in property casualty insurance. Pricing experience preferred.
• Fellow of Casualty Actuarial Society is preferred.
• Strong analytical, technical, time management and problem‑solving skills.
• Takes initiative on projects and assignments; seeks alternative solutions.
• Works well both independently and as part of a team.
• Proficiency in Excel, Access, VBA, or other related skills.
• Strong business and collaboration skills, and responsive to service needs and operational demands.
• Effective time management skill. Capability to balance multiple projects with competing deadlines.

Ready to make a bigger impact? We look forward to reviewing your application.

The base salary range for this position is $88,000-$133,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: CA Benefits Overview.

AIG Canada is proud to be named one of Greater Toronto’s Top Employers for the seventh year in a row.

This award demonstrates AIG’s commitment to outstanding human resources initiatives and fostering a forward‑thinking workplace.

At AIG, we value in‑person collaboration as a vital part of our culture

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…