Seoul, KOR
20 hours ago
Actuarial Analyst
Actuarial Analyst, South Korea At AIG, we are committed to strengthening our financial reporting and actuarial analysis capabilities to meet both local and global standards. Join us as a Actuarial Analyst to play a key role in driving accurate and timely valuation and regulatory reporting. It's an opportunity to grow your skills and experience as a valued member of our Corporate Actuarial team. AIG's Corporate Actuarial team plays a critical role in supporting AIG Korea's insurance operations through accurate valuation and assumption setting. The team works closely with various stakeholders such as finance, product development, ERM, and external auditors to ensure compliance and business insight. How you will create an impact + Support financial closings under IFRS4 and IFRS17 for long-duration insurance contracts + Contribute to K-ICS valuation for short-duration insurance and IR rate risk calculations + Perform assumption setting, especially for lapse rates, and updates assumptions regularly + Prepare documentation and evidence for internal/external audit and regulatory filing (e.g., FSS, KIDI) + Participate in assumption governance, experience analysis, and actuarial process improvement initiatives + Generate new idea for creative and innovative value propositions + Collaborate with cross-functional teams (e.g., IT, finance, ERM) to support reporting processes What you’ll need to succeed + 4+ years of experience in actuarial valuation, financial reporting, or assumption setting for life of health insurance + Solid understanding of IFRS17 and K-ICS frameworks + Strong modeling and analytical skills; experience with actuarial software (e.g., Prophet, R3S) is a plus + Excellent problem-solving skills and attention to detail + Strong communication skills in Korean, and English proficiency is a plus + Collaborative and proactive mindset, with ability to manage tight deadlines in a dynamic environment #LI-SK1 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 AIG Korea Inc. (South Korea)
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