A
Not Specified Permanent

Oak Park, Illinois · USA job

Actuary, Reserving - North America Specialty

American International Group (AIG)

Oak Park, Illinois

Job description

Overview

In this role you will lead North America Specialty reserving efforts within a global actuarial function. You will guide analysts, coordinate reserving processes, and present results to senior management, ensuring consistency with global standards. You'll drive process improvements and manage cross-functional interactions to support risk assessment and financial reporting. This is a high-visibility position focused on accurate reserves, strong controls, and impactful collaboration. You will help set industry standards through independent leadership and ongoing process enhancements.

Compensation / Benefits
  • base salary $120,000-$165,000
  • bonus eligibility
  • comprehensive benefits
  • Total Rewards Program
  • focus on health, wellbeing and financial security
  • professional development
Responsibilities
  • Lead day-to-day team activities to deliver timely North America Specialty reserve results
  • Ensure reserving approach consistency across products and alignment with global standards
  • Collaborate with North America and International reserving management to streamline processes
  • Review and report reserves to Head of Global Specialty, North America Management and others
  • Consolidate reserving results into management MI and present to senior leaders
  • Support Global Specialty Reserving lead in scheduling reserve reviews for NA Specialty products
  • Ensure controls for the reserving process and serve as point person for audits (annual, independent, internal, SOX)
  • Develop or improve processes for presenting reserving information across Global Specialty
  • Report to Head of North America Actuarial and Global Specialty Reserving Lead
  • Act as an independent lead within the GS team to promote best practices across reserving and actuarial functions
Key requirements
  • BS in Actuarial Science, Mathematics, Statistics, or related field
  • FIA or FCAS preferred
  • 5+ years' experience in commercial lines
  • Experience reviewing and managing reserving processes and setting reserves
  • Demonstrated ability to improve processes
  • Ability to collaborate with disparate stakeholders and prioritize work
  • Excellent analytical, problem-solving, project management, time management and organizational skills
  • Excellent communication, presentation, and interpersonal skills
  • Customer focus
  • collaboration
  • ability to prioritize and manage multiple projects
  • strong communication and presentation
  • reserving processes
  • risk assessment
  • financial reporting

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