Junior Product Development Actuary, South Korea

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Pricing Actuary and Insurance Program Development Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Personal General Insurance

AIG Personal General Insurance teams help to find insurance solutions in areas including A&H, Travel, Personal Property, Warranty/Service Programs in Korea. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

-The candidate will be expected to develop mainly short-term insurance product and to work closely with internal stakeholders like distribution channel, finance, operations, claim, customer protection, legal, and compliance team

-Product development including rate, policy wording, filing, reinsurance pricing for general insurance product including but not limited to Accident & Health, Group Personal Accident, Travel, Personal Property, etc.

-Analyze product portfolio and monitor loss ratio & profitability of general insurance product/coverage

-Perform actuarial tasks which are of mathematical and quantifiable nature in support of both product development and portfolio management

-Assist the Team Lead and Head of Personal General Insurance on a range of various general tasks associated with product development and management.

-단기 일반보험 상품 개발을 주로 담당하며, 영업채널, 재무, 운영, 보험금, 소비자보호, 준법감시, 법무 등 사내 주요 부서와 긴밀히 협업

-상해보험, 단체상해보험, 여행자보험, 개인소유재산보험 등 일반보험 상품(단, 이에 국한되지 않음)의 요율 산출, 약관 개발, 상품 인가, 재보험 요율 산출 등 상품 개발 업무 수행

-일반보험 상품 및 담보에 대한 손해율 및 수익성 분석을 포함한 포트폴리오 분석 및 모니터링

-상품 개발 및 포트폴리오 관리와 관련된 수리적·정량적 업무 수행

-상품 개발 및 운영과 관련된 다양한 업무에 대해 팀장 및 개인보험 총괄을 보조 

What you’ll need to succeed

-Open to entry-level candidates

-Experience in short term product development is a plus

-Experience in product life cycle management and analyzing is a plus 

-Excellent written and oral communication skills in Korean and English

-Decent Microsoft Word/Excel/Point, Hanguel(HWP) skills are required

-Experience using statistical analysis programs, and strong statistical software skills are required

-Strong sense of responsibility, good communication skill, willing to learn and thoroughness

-Ability to work well in teams, to cooperate/coordinate all related parties to achieve targets

-Ability to manage multiple

-일반보험(Non‑Life Insurance) 상품 개발 경험 우대 

-단기보험(Short‑Term Insurance) 상품 개발 경험 우대

-상품 수명 주기(Product Life Cycle) 관리 및 성과 분석 경험 우대

-한국어 및 영어로 원활한 문서 작성 및 구두 커뮤니케이션 가능

-Microsoft Word, Excel, PowerPoint 및 한글(HWP) 활용 능숙자

-통계 분석 프로그램 사용 경험 및 통계 소프트웨어 활용 능력 보유자 우대

Reimagining insurance to make a bigger difference to the world 

American 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.