Reserving Actuary

Welcome to American International Group (AIG), one of the world's leading insurance organizations. We are currently seeking a highly qualified and experienced Reserving Actuary to join our dynamic team. As a Reserving Actuary at AIG, you will play a crucial role in accurately estimating the company's financial reserves and ensuring our financial stability. This is an exciting opportunity for an individual who is passionate about the insurance industry and has a strong analytical and technical background. If you have a keen eye for detail and a proven track record in reserving, we want to hear from you. Join us in shaping the future of AIG and the insurance industry.

1. Accurately estimate and analyze the company's financial reserves to ensure financial stability and compliance with regulatory requirements.
2. Utilize advanced actuarial techniques and statistical models to assess and forecast risk.
3. Collaborate with other team members to develop and implement reserving strategies and methodologies.
4. Monitor and evaluate changes in market trends and economic conditions that may impact reserves.
5. Communicate reserve findings and recommendations to senior management and other stakeholders.
6. Conduct regular reviews and audits of reserve processes and procedures to identify potential areas for improvement.
7. Stay updated on industry developments and regulatory changes related to reserving.
8. Provide support and guidance to other team members on reserving matters.
9. Participate in cross-functional projects and initiatives to enhance overall business performance.
10. Uphold AIG's values and ethics in all aspects of the job.

According to JobzMall, the average salary range for a Reserving Actuary in London, UK is between £60,000 - £100,000 per year. However, this can vary depending on factors such as experience, qualifications, and the specific company or industry the actuary is working in. Some senior-level actuaries may earn even higher salaries, potentially exceeding £150,000 per year.

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.