Description: HighlightsJob ID: JZH3Position Type: Full Time - RegularLocation: NY-New YorkRelocation: NoEducation: PhDExperience: 6-9 yearsDescription: Responsibilities Lead a small team of actuaries to drive quantitative risk analysis with a particular emphasis on Property and Casualty (P&C) operations. The analyses will support management decisions as they pertain to required economic capital, strategic risk appetite, reserving strategy, premium cycle management, asset liability management, reinsurance strategy, and catastrophic and emerging risk appetite. Specific activities will include:· Participate in the development of internal economic capital models for P&C business lines which includes analysis of diversification benefits across business lines and development of a consistent framework for capital allocation that includes the diversification benefits.· Analysis and application of rating agency and regulatory capital adequacy models to P&C business lines.· Analysis of catastrophic and emerging risks and their potential impacts to General Insurance financials. This may include coordinating the development of database queries to gather the data needed for the analyses.· Participate in day-to-day risk measurement and management processes such as asset-liability management, value-at-risk and capital calculation.Qualifications include:· Strong communication, project management and leadership skills · 7+ years of actuarial experience preferred· Associate or Fellow of Casualty Actuarial Society preferred· Familiarity with financial mathematics and financial markets desirable; · Proficiency with MS Excel / Word / ACCESS / VBA / PowerPoint / Capital modeling software· Effective Team playerAbout Us: American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.AIG is an Equal Opportunity Employer..
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