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Actuarial Associate
American International Group
Houston, TX, United States
Job Details - this job has expired, please see similar jobs below
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
This position is a will work supporting the Individual Retirement Fixed Annuity business unit. The individual will work with management, other actuarial students and data support teams in developing and supporting experience studies for fixed deferred annuities and payout annuity blocks. The job will include working directly with customers within and outside of actuarial, researching methodologies and techniques in external literature, and proposing and implementing approved studies within the Experience Studies unit. The student will learn important analysis and communication skills as they develop in their rotation through Experience Studies.
Projects will include: regular experience monitoring; development of automated reporting tools and dashboards; unlocking and cash flow testing support studies; pricing support; interest rate setting and business development support; and other analysis as requested by our clients.
Key Performance Objectives
• Work with Experience Studies team to develop, improve and document experience studies reports and analyses
• Assist in preparation of both quarterly and annual monitoring and reports
• Respond to stakeholder requests in a timely fashion
• Work with data team in developing, improving and validating data warehousing tools for annuity data
• Assist in development and maintenance of risk and stress factors as needed
• Develop and improve methods for identifying and monitoring dynamic behavior on fixed annuity blocks
Supporting Performance Objectives
• Develop and manage effective internal and external relationships.
• Stay informed of trends in the industry
• Successful completion of actuarial exams
• College degree
• 2-3 years of actuarial experience, some experience with annuity products desired
• Experience working with databases and with analytic software such as R and SAS is preferred
• Minimum of three actuarial exams, including exams passed during employment period
• Highly motivated and results-oriented.
• Strong analytical problem solving ability.
• Desire to deliver a complete work product
• Strong oral and written communication skills.
• Highly organized with a drive for transparency and efficiency.
• Aptitude to handle multiple projects simultaneously & successfully.
• Excellent team player
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.