Vice President, Actuary
Pembroke, ON
Functional Area:
VA - Validus
Estimated Travel Percentage (%): No Travel
Relocation Provided: Yes
AlphaCat Managers, Ltd. (VF2)
Vice President, Actuary

AlphaCat Managers Ltd. is an investment advisor, managing capital for AIG and third parties in insurance linked securities and other investments in the property catastrophe space.

Responsibilities will include but are not limited to:
Assist with the monthly valuation process, which is based on fair value in accordance with ILS/fund monthly reporting, or similar, and preparing materials for committee meetings,
Perform quarterly reserve analyses and prepare reserve committee materials and actuarial reports supporting the analyses,
Collecting and interpreting data on loss events, processing loss advices, interacting with underwriters, managing information flow to and from actuarial consultants, and maintaining a results database,
Assist with quarterly financial reporting, regulatory filings and requests from independent auditors,
Provide help with budgeting, buffering and capital deployment,
Develop profitability reports, cash flow projections and other ad-hoc analytics,
Support the AlphaCat investor relations team as needed regarding loss activity, and
Support Validus Re actuarial functions, as needed.
The successful candidates will meet the following requirements:

Bachelor’s degree in mathematics, statistics, actuarial or related quantitative field required,
FCAS (or equivalent) designation required,
A minimum of ten years of open market reinsurance reserving experience required,
Experience presenting actuarial analyses findings and conclusions to non-actuaries,
Relevant ILS valuation experience desired,
Technical proficiency with Excel, Access and SQL an asset,
Excellent analytical and interpersonal skills, and
Ability to manage time/workflow efficiently with minimal supervision.
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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.

At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.