Actuarial Associate
AIG
- Salary
- $77k - $97k
Role Summary
Role type
Pricing partner to underwriting
Closer to live pricing partnership than reserving/reporting: large-account reviews and portfolio decisions distinguish it from a purely cyclical valuation role.
Entry-level P&C Actuarial Associate role in Chicago supporting pricing for AIG’s Lexington Excess Casualty segment. You’ll analyze profitability, price large accounts, monitor portfolio performance, support rate indications and models, and report on business KPIs. The role is primarily office-based and requires a bachelor’s degree plus at least one actuarial exam.
Requirements
Must have
- BS in Actuarial Science, Mathematics, Statistics, or related area
- Completion of one or more actuarial exams
Strongly preferred
- Foundational knowledge of pricing methodologies (rate adequacy, segmentation, trend)
- Ability to support pricing analyses using structured data under guidance
- Familiarity with pricing data, validation, and tools
- Basic understanding of governance and business impact of pricing decisions
- Ability to keep manager and immediate team informed on progress, issues, and results
