Actuary Analyst

Are you looking for a challenging and rewarding career in the dynamic world of insurance and financial services? Do you have a strong background in mathematics and statistics? If so, American International Group may have the perfect opportunity for you as an Actuary Analyst. As an Actuary Analyst, you will play a crucial role in evaluating and managing risk for our company and clients. We are seeking a highly analytical and detail-oriented individual who is passionate about utilizing their skills to drive business success. Join our team and become a vital part of AIG's commitment to protecting people and businesses around the globe.

1. Conduct statistical analyses and interpret complex data to assess risk and make strategic business decisions.
2. Develop and maintain actuarial pricing models for insurance products and services.
3. Analyze and communicate actuarial findings to various stakeholders, including senior management, clients, and regulators.
4. Collaborate with underwriting teams to determine appropriate pricing and risk management strategies.
5. Monitor and evaluate the financial performance of insurance products and recommend adjustments as needed.
6. Keep up-to-date with industry trends and regulations to ensure compliance and make recommendations for improvement.
7. Utilize advanced mathematical and statistical techniques to forecast future trends and potential risks.
8. Work with cross-functional teams to develop and implement new products and services.
9. Conduct research and perform competitive analysis to inform business decisions.
10. Mentor and train junior actuarial staff, providing guidance and support in their professional development.
11. Maintain accurate and organized documentation of actuarial analyses and processes.
12. Utilize actuarial software and tools to streamline processes and improve efficiency.
13. Participate in company meetings and presentations to share actuarial insights and recommendations.
14. Collaborate with other departments, such as finance and marketing, to support overall business objectives.
15. Adhere to company policies and procedures, as well as regulatory guidelines, in all actuarial work.

According to JobzMall, the average salary range for a Actuary Analyst in Chicago, IL, USA is between $60,000 and $120,000 per year. However, this can vary depending on factors such as experience, company size, and industry. Some senior level positions may have higher salaries, while entry level positions may have lower salaries.

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.