AIG

Sr Actuary

Sao Paulo Full time

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Sr Actuary 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 Actuarial

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

  • Perform Local and USGAAP Reserves and Consistency Tests for Brazil legal entities

  • Perform USGAAP LTP (RVNE) Studies for Latin America entities, explain results and communicate with LAC Actuaries 

  • Perform IBNR Studies, identify trends and explain results and any portfolio deviations to Actuarial and UWs leaders

  • Perform Actual x Expected Studies, and explain results to actuarial and UWs leaders

  • Define Budget LR together with Pricing and UW Teams

  • Work close to FP&A, UWs, Product and Reinsurance Teams

  • Support business to set clear actions plans to improve profitability and monitor results.  

  • Support actuarial team

What you’ll need to succeed

  • Data driven and strong analytical skills

  • Recognized experience in Reserving Techniques

  • Solid experience in SUSEP rules and actuarial functions (Reserves, Capital, TAP, QEs. Consistency Tests)

  • Solid experience with Technical Provisions (UPR (PPNG), LTP (RVNE), IBNYR, IBNER, ALAE (PDR), ULAE, RVR)

  • Solid experience with IBNR Techniques (Run Off Triangles, BF and ELR)

  • Solid experience in SAS or Python Programming (Python is a differential)

  • Intermediate English skills is desirable (Spanish is a differential)

  • Experience with Portfolio Profitability Monitoring Studies is a desirable

  • Experience with Defining Budget LR is a differential

  • Excellent communication skills, ability to work collaborative and effectively with cross functional teams

  • Highly organized, pro-active, attention to detail and results oriented

  • Local certified Actuary is a desirable

Ready to take your career to the next level? We would love to hear from you.

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.  

Functional Area:

AC - Actuarial

AIG Seguros Brasil S.A.