Associate Director, Actuary – Life Model QA

Job not on LinkedIn

19 hours ago

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Logo of AIG

AIG

Finance • Insurance • B2B

AIG is a leading global insurance organization with operations in more than 80 countries and jurisdictions. The company offers a wide range of insurance products, including general property and casualty insurance, life insurance, retirement solutions, and other financial services. Catering to individuals, families, businesses, and brokers, AIG specializes in providing innovative insurance solutions and risk management products. The company is known for its comprehensive claims support and multinational expertise, helping clients protect their most valuable assets and manage emerging risks effectively.

10,000+ employees

Founded 1919

💸 Finance

🤝 B2B

📋 Description

• Assist in developing and executing test plans and test tools to validate and certify AXIS life models for STAT, GAAP LDTI, CFT and ALM basis. This includes both BAU model changes and new model conversions. • Work with cross-functional partners to successfully deliver objectives, including model stakeholders, data analysts, IT, Development and Production teams. • Effectively communicate quarterly model changes and seek approvals through the Change Control Board. Be able to articulate drivers of model change impact. • Work with IT team to ensure all model and data changes are fully promoted to production team. • Conduct integration testing and release model and data to production environment. • Ensure all steps of testing process are fully documented. • Manage and work within a team that operates across multiple geographic locations. • Identify areas for process improvement and work with resources to implement solutions.

🎯 Requirements

• Fellow of the Society of Actuaries • 7 plus years of experience with life insurance products, actuarial modeling and valuation • Expertise in actuarial modeling software; Moody’s AXIS is strongly preferred • Experience working with databases such as SQL • Programming expertise in Visual Basic, SQL or C++ is preferred • Excellent verbal and written communication skills • Excellent problem-solving skills • Previous people and project management experience • Self-motivated, with the ability to lead and motivate a team to deliver multiple projects successfully under given timelines.

🏖️ Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being. • Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately. • Employee Assistance Program: Confidential counseling services and resources are available to all employees. • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000. • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work. • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

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