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Provide actuarial and investment expertise in cross-functional development of regular and ad-hoc communications collateral, including market commentary, thematic monitors, thought leadership, specialized reporting and custom presentation materials. This role partners closely with Portfolio Managers and Client Teams, providing advanced expertise in actuarial modeling, asset–liability analysis, risk quantification, and investment solution design support.

YEAR

Open Position: Investment ActuaryJob Description:The Investment Team seeks a quantitative professional to join the dynamic Investment Risk and Analysis function. The individual will be responsible for providing authoritative analysis of pension and insurance liabilities and translating balance-sheet risk into actionable inputs for liability-driven investment and insurance asset solutions. This role partners closely with Portfolio Managers and Client Teams, providing advanced expertise in actuarial modeling, asset–liability analysis, risk quantification, and investment solution design support. The position reports to the Director of Investment Risk, Vice Chair of the Investment Committee and also offers regular interaction with senior Investment Team leadership, Research Analysts, Traders, Marketing, Performance, Technology, and Compliance Teams.Responsibilities:<ul><li>Cultivate thorough understanding of IR+M’s investment philosophy, process and strategies</li><li>Support investment decision-making through portfolio- and balance-sheet-level risk analysis, scenario testing, exposure decompositions, and other quantitative projects</li><li>Analyze and model liabilities and evaluate portfolio construction- across duration, convexity, curve positioning, and inflation sensitivity- to assess asset–liability alignment and investment risk</li><li>Partner with portfolio managers on the design, implementation, and monitoring of custom liability-driven and balance-sheet-aware investment solutions for pension and insurance clients</li><li>Serve as a technical resource on current pension and insurance regulatory, accounting, and valuation frameworks and their implications for liability-aware investment strategies</li><li>Contribute to investment risk analysis across broader fixed income strategies, including spread sectors, total return, and benchmark-relative portfolios</li><li>Partner with Portfolio Managers, Research Analysts and Traders to provide analysis for internal Investment Team projects</li><li>Respond to complex qualitative and quantitative investment requests from prospects/clients/consultants including attribution analysis, model portfolios, and scenario analysis</li><li>Provide actuarial and investment expertise in cross-functional development of regular and ad-hoc communications collateral, including market commentary, thematic monitors, thought leadership, specialized reporting and custom presentation materials</li><li>Join Client and Investment Team colleagues to present quantitative analysis and participate in custom solution discussions with external stakeholders as needed</li><li>Develop in-depth knowledge of all proprietary and third-party tools and systems, becoming a “Power User” resource for colleagues across the Investment Team</li><li>Establish strong working relationships across all functions within the Investment Team and with members of the Client Service Team</li></ul>Required Skills and Experience:<ul><li>10+ years of financial industry experience</li><li>6+ years of industry experience working with retirement plans, insurance company assets, or in a related OCIO or consulting role</li><li>3+ years of experience working in an actuarial capacity</li><li>Expertise in actuarial and/or statistical work, including actuarial formulas, modeling methods, and quantitative procedures</li><li>Experience with defined benefit pension plans and insurance products, including plan or contract design, liability modeling and projection, risk management, and strategic asset allocation</li><li>Familiarity with pension and insurance regulatory frameworks, policy considerations, and relevant Actuarial Standards of Practice</li><li>Strong background in fixed income markets</li><li>Advanced Excel skills</li><li>Excellent quantitative and analytical skills with demonstrable ability to quickly understand new concepts</li><li>Strong written, verbal communication, and presentation skills</li><li>Critical thinker and proactive problem solver with commitment to excellence and accuracy</li><li>Self-starter who can independently produce results while handling multiple priorities with limited oversight</li><li>Strong organization, workflow, project management and process skills</li><li>Flexible – ability to quickly change gears while juggling numerous tasks and projects</li><li>Enthusiastic – team oriented, with willingness to pitch in to help others</li><li>Collaborative mindset and ability to thrive in cross-functional environment are essential</li></ul>Education Requirement:<ul><li>Bachelor’s degree required, concentration with heavy quantitative focus strongly preferred</li><li>ASA/FSA designation or progress toward required</li><li>CERA designation or progress toward preferred</li><li>CFA Charter holder designation or progress towards preferred</li></ul>What we offer you:Joining the IR+M team is an opportunity to experience a unique and exciting culture and work environment. On a daily basis our employees are encouraged to personify our core values; working in a manner that emphasizes investment, respectful, positivity, and motivation across the business and in delivering results for our clients.We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy, balanced lives results in the best possible work performance.<ul><li>Hybrid work environment allowing individuals to build strong bonds with colleagues in the office mixed with remote work capability</li><li>Medical, dental, vision and life insurance</li><li>Retirement savings – 401(k) plan with a safe harbor contribution (3%), a company discretionary contribution (12%), and a broad investment lineup</li><li>Tuition reimbursement up to $15K year</li><li>$5,000 Referral bonus for employees who refer new hires</li><li>Business-casual environment that includes the option to wear jeans</li><li>Generous paid time off upon hire – including 20 days of vacation, 2 wellness days, unlimited sick time plus eight paid company holidays and 2 floating days each calendar year</li><li>Paid volunteer time — 2 days per calendar year</li><li>Leave of absence programs – including paid parental and family leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)</li><li>Fitness, health, and composting reimbursements</li></ul>In addition to the opportunity to participate in a discretionary bonus program, the salary range below describes the estimated minimum to maximum base salary range for a position of this level. Compensation decisions are dependent on the facts and circumstances of each candidate and may vary based upon but not limited to relevant experience, licensure requirements, certifications, skill set, and other business and organizational needs.BaseSalaryRange: $150,000 - $200,000 AnnualPerformanceBonus: This role is eligible for an annual performance-based bonusApplicants must be authorized to work in the U.S. for any employer. IR+M is unable to sponsor or assume sponsorship of employment visas.

Income Research Management

Investment Actuary

Accounting

Actuarial Skills

Analysis Skills

Balance Sheet

Bond Market

Chartered Financial Analyst (CFA)

Cisco ASA (Adaptive Security Appliance)

Communication Skills

Construction

Consulting

Cross-Functional

Customer Relations

Customer Support/Service

Decision Support

Fitness

Fixed Income Investments

Flexible Spending Accounts

Healthcare Reimbursement

IR (Infrared)

Insurance

Insurance Regulations

Investment Analysis

Investment Management

Investment Strategy

Life Insurance

Marketing

Multitasking

Philosophy

Portfolio Analysis

Presentation/Verbal Skills

Problem Solving Skills

Project/Program Management

Quantitative Analysis

Retirement Plan

Risk

Risk Analysis

Risk Management

Team Lead/Manager

Team Player

Test Scenario

Thought Leadership

Vision Plan

Work From Home

Writing Skills

clearcompany

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For positions based in New York, the base salary range is $199,000-$260,000, for the positions based in New Jersey, the base range is $190,000-$249,000, and for positions based in Illinois, the base range is $182,000-239,000. Coordinate pricing, planning, and accumulation management efforts with cat modeling team to ensure adequate risk-adjusted returns contemplating expected loss, reinsurance costs, and increased capital needs associated with cat-prone business.

<div>At AIG, we are reimagining the way we help customers to manage risk. Join us as a Actuary & Assistant Vice President - Lexington Property Pricing to take on key responsibilities within a world-class actuarial function.Make your mark in ActuarialOur Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.How you will create an impactWe are seeking an actuarial professional with industry expertise to lead the Lexington Property pricing team.  The individual will partner with the business and support teams on strategy, risk selection, pricing, and portfolio construction.  They will also partner with other pricing actuaries in implementing best practices analytical techniques, catastrophe modelers to incorporate results into pricing and quantify portfolio risk, and reserving actuaries in assessing the impact of loss trends and claims emergence. <ul><li>Responsible for the success of the Lexington Property pricing team in meeting their goals and objectives, including staff development and project prioritization.</li><li>Be accountable for the Lexington Property results and in partnership with the business develop and execute on strategic actions based on actuarial analysis focusing on profitability and organizational goals while anticipating business implications.</li><li>Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of opportunity for profitable growth as well as profitability-challenged areas.</li><li>Supervise the review of the parameters in the pricing systems, manage projects to improve the pricing systems, and monitor underwriter adherence to pricing procedures and methodologies</li><li>Coordinate pricing, planning, and accumulation management efforts with cat modeling team to ensure adequate risk-adjusted returns contemplating expected loss, reinsurance costs, and increased capital needs associated with cat-prone business</li><li>Develop analytical tools to help underwriters assess the risks posed by insureds, aligning the pricing framework across the different underwriting platforms and business classes written in Lexington’s property operations.</li><li>Work closely with reserving actuaries to understand sources of reserve development and ensure appropriate recognition of pricing and underwriting actions impacting those estimates.  Ensure underwriters are informed of and considering trends observed in analyses.</li><li>Provide recommendations on rating methodologies, parameters and tools to improve accuracy of technical pricing reflecting latest market and economic conditions and product offerings.</li><li>Work closely with the global property actuarial leads to ensure alignment of tools, reporting metrics and goals to optimize team efficiency while maximizing value and consistency across the property portfolios</li><li>Take part in and lead components of efforts to transform the actuarial data, tools, and broader capabilities as a part of a department-wide initiative focused on improved analytics and increased efficiencies in a cloud-based environment.</li><li>Organize proper training and support for pricing tools and strategies for underwriters.</li><li>Monitor trends, relevant industry dynamics, & catastrophe model enhancements; effectively communicate impact to underwriters and actuarial management.</li><li>Ensure that all pricing and other actuarial requests are managed and completed in a timely and professional manner, monitoring adherence to appropriate procedures and methodologies.</li></ul>What we are looking forThe candidate should possess strong technical and business expertise with the ability to build sustainable, collaborative relationships, influence business stakeholders, and lead, motivate and gain commitment from key constituents.Additional requirements include:<ul><li>Fellow of the Casualty Actuarial Society with at least 10 years of commercial lines actuarial experience, preferably with significant commercial property pricing experience.</li><li>Experience leading a team, with the capacity to enforce accountability and learn the strengths and development opportunities of the team to put people in a position to succeed while fostering a culture that promotes collaboration, diversity and inclusion</li><li>Exceptional communication skills, including ability to develop and present clear and concise analysis and recommendations to senior management.</li><li>Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically and serve as strong thought partner of cross functional leaders.</li><li>Willing and able to continuously learn and adapt in a dynamic and fast changing environment. </li><li>Comprehensive awareness of the business, regulatory environment, competitors, market cycle, technology and legislative trends.</li><li>Not afraid to take charge of a situation and can overcome resistance to change, taking unpopular stands when necessary.</li><li>Timeliness and attention to detail.</li></ul>Opportunity can be located either in NYC, NY, Parsippany, NJ, Chicago, IL, Philadelphia, PA ,or Boston, MAFor positions based in New York, the base salary range is $199,000-$260,000, for the positions based in New Jersey, the base range is $190,000-$249,000, and for positions based in Illinois, the base range is $182,000-239,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: 2025 Benefits Summary#LI-AIG #pricingactuary #actuarialcareers #propertyactuaryAt AIG, we value in-person collaboration as a vital part of our culture, which is why we askour team members to be primarily in the office. This approach helps us work togethereffectively and create a supportive, connected environment for our team and clientsalike.Enjoy benefits that take care of what mattersAt AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.Welcome to a culture of inclusionWe’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.AIG provides 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.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  <div><div><div><div><div><div><div>Functional Area:</div></div></div></div></div></div></div>AC - ActuarialNational Union Fire Insurance Company of Pittsburgh, Pa.</div>

AIG and its member companies form one of the world’s leading insurance organizations. We provide insurance for businesses and individuals, helping individual customers plan for their futures by offering life insurance, travel insurance, product warranty, auto insurance and retirement products. Our commercial clients have come to rely upon our risk expertise and financial strength to help them address some of their most complex challenges – from huge construction projects to protecting themselves from the emerging threats to data security. We offer our people the chance to grow in a dynamic company that values teamwork, fresh perspectives, and a commitment to helping their clients.

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