Actuarial Lead for Mexico Reserving Team

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.

We're also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

The actuarial function is meant to be a partner to the business segments, offering support, expertise and partnership. The existing diversity of the business portfolio demands from the actuarial role specialized expertise in the different business areas. The reserving team works with the business to support a wide array of products and offerings, through a complex and highly demanding distribution force and network. Actuaries are responsible for maintaining adequate solvency margins so that the insurer can meet its obligations to policyholders. In the case of actuarial team this opportunity is given in even the most sensible and highly complex situations where the health and well being of our insureds and clients is touched and where we can make a significant difference at that level.

About the role

What you need to know:The primary purpose of the job is to contribute to assess statutory technical reserves and capital requirements, support requirements from regulators and auditors and contribute other actuarial functions and actuarial LAC projects.

Actuarial Lead constantly analyze of business loss ratios trends and claims patterns to a to identify improvements needs on business, related to pricing, underwriting or other claims controls. Your contribution at AIG The Actuarial Lead will use analytical thinking for decision making for making relevant decisions for the company.  

Duties and Responsibilities 

1. Functional Responsibilities: Reserving Product Registration Lead on local actuarial requirements, preparing reports and attending audits. Supporting statutory actuarial functions. Automating processes and reports Analyze results and variations of AIG Reserves. Support business to identify improvements needs, related to pricing, underwriting or other claims controls. 
2. Accountabilities: Strong problem-solving abilities, strong communication skills to team, teamwork, proactivity, ability to anticipate problems, collaborative and helpful. Company Solvency depends on Finance Actuary particularly on strong and adequate Reserving and Capital Requirements.
3. Leadership Skills Excellent communication skills, both written & verbalTime management ability to manage & prioritize workload and diary management Ability to contribute effectively within a team environment and with internal/external stakeholders at all levelsTeamworkProactivityAbility to anticipate problems
4. Technical Skills and Expertise-Actuarial Degree

• Local actuarial certifications for Reserving, Dynamic Solvency Test and Product Development (desirable).
• Database Management (SQL)
• Programming language (SQL, MatLab, Python)
• Knowledge of local regulations and CUSF Manual.
• Advanced English (written and spoken)

What we're looking for: 

• Experience:

Along with technical skills required for the job, soft skills like effective engagement, teamwork, proactive management, effective time management/prioritization, calendar organization.

• Effective analytical and attention to detail.