Actuarial Analyst

2 months ago

Toronto, Ontario, Canada AIG Full time
About the Role

AIG is seeking an experienced Actuarial Analyst to join our Canadian Reserving team. As a key member of our team, you will be responsible for analyzing data and other information to determine loss and expense reserve adequacy using actuarial techniques.

Key Responsibilities:

  • Assist with analysis of the reserving segments.
  • Analyze data and other information to determine loss and expense reserve adequacy using actuarial techniques.
  • Oversee and prepare reserve study documentation; prepare information for financial statements.
  • Evaluate the appropriate IBNR to be booked each quarter, and prepare Sarbanes Oxley documentation.
  • Conduct research, experience studies and other more complex actuarial analysis; develop, review, and analyze changes and improvements to actuarial procedures.
  • Assist in the production of local Canadian and Schedule P reports and exhibits for GAAP and Statutory financials.
  • Work with IT systems personnel to design new reports and data requirements. Check data for accuracy.
  • Communicate with pricing actuaries, underwriters, finance, claims, compliance, and legal departments.
  • Complete projects independently with limited supervision.

Requirements:

  • BS in Actuarial Science, Mathematics, Statistics, or related area.
  • Successful completion of 3 or more actuarial exams.
  • Minimum of 3 years or more actuarial experience in property casualty insurance. Reserving experience 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.

AIG Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

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