Summer Actuarial Development Program Jobs (NOW HIRING)

AIG is reimagining the way we help customers manage risk. Join us as a Analyst in the Actuarial department to play your part in that transformation with opportunities to learn and grow your skills and experience as a valued member of the team.
About Us (already included in Workday job description template)
At AIG, helping organizations and people discover new potential is our purpose. As a global risk leader, we do this for our clients every day. Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.
But we also do the same thing for our colleagues, because we know our people are our greatest strength - the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Make your mark in Actuarial
Our 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 make an impact
When you join AIG, you will be part of a connected cohort community of early career talent participating in a program that equips you with learning experiences and skills needed to launch your career. From day one, you will develop your knowledge and understanding of AIG and the insurance industry and learn new skills through meaningful on-the-job experiences and instructor-led masterclasses. Through exposure to senior leaders, mentoring circles, networking and volunteering, you will build connections with colleagues across the organization. Collectively, these different experiences are designed to enable you to make an impact and build a rewarding and successful career.
Actuarial Development Program Overview
Actuarial Development Program: The Program encourages and supports the education and training of Actuarial Students pursuing actuarial examinations in the knowledge and professional skills relating to actuarial practices and to develop future leaders for AIG. Benefits of the program include:

• Dedicated study time - Up to 30 hours of company-provided study time per exam hour for each first attempt at a given exam

• Exam-related expenses, including study material

• Compensation

• Association Meetings for Conferral of Designation

• Professional Actuarial Association Membership Dues

• Continuing Education

• Rotations (following the actuarial program) - We are excited to provide a variety of professional opportunities for Actuarial Students to develop an advanced and well-rounded actuarial skillset following their 2 years with us in the Actuarial Development Program. Actuarial Students will gain valuable work experience through exposure to multiple rotations. Upon completion of the Actuarial Development Program and further rotations, the newly credentialed actuaries will have gained a variety of relevant work experiences enabling them to have a broader organizational perspective

Responsibilities

• Analyze data and apply actuarial techniques to help quantify risk, price insurance products, and support loss reserving.

• Assist with actuarial analyses, models, forecasts, and reports that support business and financial decisions.

• Partner with experienced actuaries and teams across Finance, Claims, Operations, Risk Management, and other business areas.

• Monitor trends and evaluate financial and insurance data to identify insights and support recommendations.

• Communicate actuarial findings and analyses clearly to technical and non-technical stakeholders.

• Develop technical and business expertise while progressing through AIG's Actuarial Development Program and actuarial examinations.

Minimum Qualifications
Education Requirements

• Bachelor's or Master's degree to be received no later than June 2027 (unofficial transcript required upon application).

Program Requirements

• Available to start the Program on July 26, 2027.

• Analyst positions are in-person opportunities, requiring employees to work in the office at least four days per week.

Core Qualifications

• Strong written and verbal communication skills, with the ability to communicate effectively in a professional environment.

• Demonstrated analytical, problem-solving, and organizational skills, with strong attention to detail.

• Ability to collaborate effectively, manage multiple priorities, and adapt in a fast-paced, team-oriented environment.

Preferred Qualifications

• Preferred Majors include Actuarial Science, Mathematics, or Statistics

• Completion of, or demonstrated progress toward, actuarial examinations is preferred.

• Working knowledge of Microsoft Excel; exposure to analytical or programming tools such as Python, R, SQL, or similar technologies is a plus.

• Demonstrated interest in pursuing an actuarial career and progressing toward professional actuarial credentials.

• Demonstrated outstanding academic and extracurricular achievement.

• Excelled in previous work experience

For applicants in Colorado, Jersey City, and New York City the base pay range for this position is $62,550 - $83,400.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
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.
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.
Welcome to a culture of inclusion
We'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.
Functional Area:
AC - Actuarial