Monday, September 23, 2013

AVP - Finance Actuary

Position Description

Global Actuarial & Value Management (GAVM) is a newly created group within AIG, reporting directly to the Chief Financial Officer. The group’s responsibilities include corporate actuarial oversight, group wide performance and value management, statutory and rating agency capital management, and rating agency communication and management.

GAVM is currently seeking a Finance (Reserving) Actuary. The position will report to an Associate Actuary in Global Property & Casualty Actuarial Practices.

Responsibilities Include:

• Review reserves for financial reports – GAAP, and statutory, providing appropriate oversight of assumptions and methodologies, enforcing of standards, and encouraging consistent approach when necessary

• Work with Finance to ensure accounts and financial analyses are correct and relevant

• Establish, maintain and update reserving policy, standards and procedures

• Assist in evaluating cross-functional information to assess and promote a transparent view of reserves

• Review and prepare quarterly reserve results for the executive reserve committees

• Support capital management function

• Support ERM, especially in respect of insurance risk

• Provide strategic guidance and review for reserving projects

• Act as a financial steward for the organization

• Assist expansion of talent in advanced quantitative analysis

Position Requirements

Technical Skills and Experience:

• FCAS or ACAS with 10+ years of actuarial experience, including 5+ years of reserving experience

• Broad based global insurance industry experience preferred

• Strong analytical expertise and the practical experience of applying this to solve new problems or communicate with non-actuarial audiences

• Proficiency with Excel, Word and PowerPoint

• High level of statistical knowledge and practical experience of actuarial modeling software, such as SAS and ResQ

• Strong business acumen with a proven track record of making sound judgments backed by strong analytical skills

Leadership Skills:

• Strong interpersonal and communication skills with the ability to influence and foster cooperation across multiple areas of the company

• Strategic orientation, managing vision and purpose, developing organizational capability between GAVM and Finance

• Excellent organizational and prioritization skills, ability to manage multiple projects at the same time

• Unwavering discipline

• High productivity and results oriented

• Change and team leadership

• Proven experience to drive best practice using global scale

About Us

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.

AIG Property Casualty is a global market leader, one of the few truly global property casualty franchises.

AIG Life and Retirement is one of the largest life insurance organizations in the U.S., and provides protection, investment and income solutions needed for financial and retirement security.

United Guaranty Corporation is the marketplace leader in mortgage insurance in the U.S.

Additional information about AIG can be found at | YouTube: | Twitter: @AIG_LatestNews | LinkedIn:

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