Full TimeENAsia/Pacific
The successful candidate will manage the pricing and portfolio management to achieve goals and deliver on strategic initiatives supporting the business. This position will strengthen A&H technical capabilities, work closely with the underwriting manager and to align goals, initiative and in the implementation of global standards, guidelines, rating tools and templates with the regional team.
Ensure execution of rate level indications and portfolio profitability exercise within planned time frame, oversee the development of rating plans, execution of rate and segmentation reviews, using GLT techniques where possible, and identify customer segment opportunities as part of the review process.
Ensure accuracy of quoting and rating systems, working with Regional Actuarial staff to ensure best practices are followed including appropriate risk loads for catastrophic risk, commissions, expenses and profit loadings, reviewing and approving regional Actuarial assumptions and ensuring that peer review process is applied consistently.
Promote the development and production premium adequacy reports and provide budget loss ratio estimates for various segments.
Collaborate with Claims, Finance, Underwriting functions, and Data Analytics and Analysis function to ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
Comply with key regulatory and risk management procedures as well as audit requirements
Work closely with product managers and underwriters to support business decisions to support profitable business growth
What we’re looking for:
Bachelor’s degree or equivalent. Mathematics/Actuarial Science is preferable.
Significant experience in Accident, Health or consumer lines or Life Insurance, with an important focus on pricing or portfolio management.
Proven proficiency in actuarial concepts/methodologies and thorough understanding of general insurance including underwriting policies, claims handling policies and local legislation
Proven ability to communicate and influence senior business stakeholders
Experience in managing an actuarial team and proven ability to managing to tight deadlines and priorities in balancing multiple projects concurrently.
Understanding of CAT risk and models and reinsurance/capital as it relates to pricing, is also required.
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:
SM - Sales & MarketingAIG Insurance (Thailand) Public Company Limited (Thailand)
