Life Actuary

Highlights

Job ID: JZH1

Position Type: Full Time - Regular

Location: NY-New York

Relocation: No

Education: PhD

Experience: 3-5 years

Description:

AIG is seeking 2 life actuaries to work in the Enterprise Risk Management Department focusing on risk management related to our life insurance companies..

Responsibilities Include:
- Actively participate in risk management activities for insurance companies for both Life and Property/Casualty:
o Build the ERM function, review the risk appetites and limits, capital models and risk management strategies.
o Asset and liability management, develop strategic asset allocations and risk limit for tactical asset allocations, evaluate their impacts on the binding capital measure and net investment incomes, liquidity
o Capital management and stress testing, review and aggregate stress test results submitted by insurance companies, review the capital requirements, develop effective strategies to minimize the capital contributions.
o Develop capital models such as Solvency II, Rating agency capital models and regulatory capital models.
o Provide risk monitor and reporting, perform analysis, review and prepare presentations to key stakeholders.
o Aggregate the risk appetites/limits developed by the insurance companies to derive the overall risk profile.

Suggested Experience:
- Strong communication and interpersonal skills. Able to influence, negotiate and build alliances across multiple corporate entities
- Demonstrated experience providing risk management modeling/analysis in a similar role. Strong detailed knowledge of quantitative analysis
- Proficient in MS Excel, PowerPoint and Word, and familiar with MS Project
- Good understanding in finance, investment and financial engineering
- Familiar with life insurance/retirement savings products and GAAP and Stat accounting
- Experience with capital management, ALM and risk management.
- Hard working and a team player

Sorry, we are unable to hire H1B candidates for this role

About 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. AIGs 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..