Senior Actuarial Analyst

#LI- AIG

Senior Actuarial Analyst

Who we are

American International Group Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience today AIG member companies provide a wide range of property casualty insurance life insurance retirement solutions and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets manage risks and provide for retirement security.

About the role

What you need to know:

As an actuary at AIG you will be challenged and encouraged to reach your greatest

potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk. Our Financial Actuaries are on the frontlines quantifying risk pricing insurance and reserving losses for AIGs major regulated and rated insurance operating companies globally. We are searching for a Senior Actuarial Analyst to support the AIG Actuarial Function in Dubai in all areas of actuarial service delivery with particular emphasis on the non-life business. The role will report to the GCC Head of Actuarial.

Principle responsibilities:

• Support the calculation ofUS GAAP and IFRS reserves for the AIG entities in GCC

• Working closely with internal and external stakeholders to ensure that all regulatory and actuarial requirements are met
• Analytical work including data extraction data transformation and database management
• Deliver annual and quarterly actuarial reserving studies
• Generation of reports on profit studies exposure management rate adequacy.
• Support the budgeting process and business partnering by providing ultimate loss ratios by accident year from the reserve study to the business
• Support the bridging initiative between Finance and Pricing Actuarial teams to ensure alignment of views on ultimate losses across functions
• Support the development of processes procedures and metrics to enable the businesses to comply with regulatory requirements.
• Support the development of procedures to produce document and report opinions on the adequacy of reinsurance arrangements and align/implement a reinsurance strategy in line with regulatory requirements
• Generation of reports to monitor and communicate business performance
• Assistance in the redevelopment and testing of the IT systems
• Support the deliverables and engagement for the annual year-end audit
• Support in any project or ad-hoc requirements as needed

What were looking for:

• Degree in Actuarial Science Mathematics or related areas required
• Relevant insurance experience
• Member of an Actuarial Institution making good progress through exams
• Proven proficiency in actuarial concepts/methodologies
• Excellent analytical quantitative and communication skills
• Good technical software knowledge such as SQL and/or Python.
• Team Player with ability to work effectively with cross-functional teams
• Ability to navigate through complexity.
• Critical thinking & execution skills

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 whats 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 securityas well as your professional developmentto 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 worlds 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

Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .

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