Senior Python Developer - Rater Delivery

Senior Python Developer - Rater Delivery

At 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.

The 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.
• Take ownership of projects utilizing Agile planning approaches, apply rigorous coding standards in reviewing the work of others and managing junior resources.
• 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.

• BS in Actuarial Science, Mathematics, Computer Science, or related area
• 7 years or more in commercial and / or financial lines pricing preferred
• At least five years of relevant experience, particularly in development and maintenance of python based systems
• Expert in coding in Python – understanding of advanced coding techniques (abstraction, design patterns, unit testing) and CI/CD tooling and processes to ensure high quality results
• Used to working in development teams and familiar with their practices
• Expertise in Excel, SQL, VBA, JavaScript or other programming languages will be useful
• 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.

At 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.

American International Group, Inc. (AIG) is a global leader in commercial and…