Actuary

11 hours ago


Jakarta, Indonesia AIG Full time

Company Actuary

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.

As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem
- solving skills as you improve how we predict, manage and mitigate risk. Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics and performance measurement. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions.

About the role

What you need to know

This role will cover the Indonesia requirements and support the SVIP actuarial team on other work within the SVIP (Singapore, Vietnam, Indonesia, Philippines) cluster

Indonesia:

- Ensure accuracy and timeliness of actuarial input to regulatory returns
- Provide sign-off on annual statutory actuarial reports, and ensure this is reviewed by an external consultant at least once every 3 years
- Provide local actuarial oversight on technical reserves, working with the regional reserving team to understand business trends
- Provide actuarial sign-off for new product submissions
- Prepare monitoring and evaluation of the company product performance
- Member of Product Development & Investment Committees and Reinsurance Team

SVIP:

- Peer review DVR results, carry out any side analyses needed
- Support the team in budgeting and forecast processes
- Work closely with the SVIP head of actuarial to optimize the quarter-close process
- Support the team with any other ad-hoc projects including pricing exercises, data optimization projects, building monitoring frameworks/dashboards etc

What we’re looking for:

- Degree in actuarial science, math, statistics or related fields
- Having at least 3 years relevant experience in insurance business
- Having FSAI qualification issued by PAI
- Demonstrate a strong analytical capability, good at math and statistics and also passionate about how quantitative analysis can benefit business strategy
- Effectively communicate with stakeholders and possess confidence to speak up with their ideas and convince decision-makers that certain policies are the best options for their business.
- Easy to adapt and able to learn fast on the job

LI-AIG

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. 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 such as sexual orientation. 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.

To learn more please visit:

- Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:
AC - Actuarial

Estimated Travel Percentage (%):
Relocation Provided:
PT AIG Insurance Indonesia


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