Senior Python Developer - Rater DeliveryAt AIG, we are reimagining the way we help customers to manage risk. Join us as the Senior Python Developer - Rater Delivery to take on key responsibilities within a world-class actuarial function.How you will create an impactThe North America Rater Delivery Team within Global Pricing – Actuarial develops commercial rating solutions for underwriting teams within AIG, while supporting strategic initiatives within the actuarial team.The North America Rater Delivery Team works alongside International counterparts, Product Actuaries, Underwriters, and the other teams within Global Pricing (Modelling and Analytics, Pricing MI and Pricing Effectiveness) to provide a comprehensive approach to pricing and portfolio optimization.The team supports AIG’s North America Commercial lines of business.We are seeking an actuarial professional to develop python based pricing tools. This unique role offers a range of responsibilities and provides the opportunity to engage and partner with actuarial colleagues, IT, Operations, the Data Office, and Chief Underwriting Officers. We are looking for an individual who is internally motivated, intellectually curious, can manage multiple priorities, and is driven to enhance existing processes.
Implement complicated actuarial models on AIG’s future state rating platform: hyperexponential reNew (hx), a python-based commercial rating product.
Standardize hx architecture patterns and enhance common modules to ease the rater build process.
Establish training and upskilling of product actuaries to scale up the rater delivery model.
Support Product Actuaries in developing, building, and enhancing pricing tools used across the North America commercial platform.
Work closely with the Product Actuaries, Modelers, Underwriters, Business Leads, and Chief Underwriting Officers to implement efficiencies to pricing tools and raters.
Operationalize profitable growth strategies in the front-end pricing tools by refining existing pricing models to align with portfolio insights, and improve pricing adequacy and risk selection.
Assist in developing segment specific algorithm design, actuarial code review, testing and test reporting.
Take ownership of projects utilizing Agile planning approaches, apply rigorous coding standards in reviewing the work of others and managing junior resources.
Help team to develop DevOps best practices and train and support other actuarial team members in the use of advanced software engineering approaches.
Research and develop advanced pricing techniques.
What you’ll need to succeed
BS in Actuarial Science, Mathematics, Computer Science, or related area
7 years or more in commercial and / or financial lines pricing preferred
Expert in coding in Python
Strong analytical and problem solving skills
Work well both independently and as part of a team
Able to lead projects independently
Strong business and collaboration skills, and responsive to service needs and operational demands
Effective time management skills
Excellent communication, presentation, and interpersonal skills
Proficiency in Microsoft Office required
Ready to set new industry standards? We would love to hear from you.#LI-CM1Enjoy 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 belongingWe’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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 [email protected] . Functional Area:AC - ActuarialEstimated Travel Percentage (%): No TravelRelocation Provided: NoAIG PC Global Services, Inc.