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Actuarial Analyst

Develop advanced actuarial skills and refine Marine Liability pricing strategies with AIG's Specialty Lines Actuarial team

Complete work that simulates life on the job. 2-3 hours and self-paced.
Stand out in your application to AIG. Show us you're a motivated candidate.

Why complete this Virtual Job Simulation

A risk-free way to experience work on the job with us at AIG. Practice your skills with example tasks and build your confidence to ace your applications.

Self-paced

2-3 hours

No grades

No assessments

Intermediate

Welcome to AIG's Actuarial Analyst Program! We are thrilled to have you here.

AIG is a leading global insurance organization that provides a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services. With operations in more than 80 countries and jurisdictions, AIG's diverse offerings include products and services that help businesses and individuals protect their assets, manage risks, and plan for a secure future.

During this program, you will get the opportunity to step into the shoes of an actuarial analyst and complete tasks that replicate the work that our Specialty Lines Actuarial team does every day. You'll learn key skills in:

Data analysis and interpretation
Risk assessment and pricing calculation
Report writing and communication of complex information
Application of actuarial principles to real-world scenarios

We hope this program provides a great resource for you to upskill and strengthen your resume as you explore career options and a potential career at AIG.

How it works

Complete tasks guided by pre-recorded videos and example answers from our team at AIG. No live sessions, all self-paced.
Earn a certificate and add it to your resume and LinkedIn as an extracurricular activity.
Stand out in applications. Confidently answer interview questions and explain why you’re a good fit for our team.

Skills you will learn and practice:

Analytical Thinking

Critical Thinking

Data Analysis

Data Interpretation

Pricing Analysis

Problem Solving

Report Writing

Research Methods

Risk Assessment

Technical Writing

Introduction from AIG

Hear Turab Hussain, Global Chief Actuary at AIG, introduce the simulation.

Tasks

Intro & Scenario

Background context and your project team

Your role

You are an actuarial analyst at AIG, specializing in Marine Liability insurance.
You work within a team of actuaries, each focusing on different aspects of actuarial science and insurance products.
Your team is responsible for assessing risks and determining appropriate pricing for Marine Liability insurance policies.
As a new analyst, you are eager to apply your actuarial knowledge to real-world scenarios and contribute to the team's success.

Your goal

Your primary task is to understand and apply core actuarial responsibilities, focusing on pricing and risk assessment for Marine Liability insurance.
You will create a basic outline for pricing analyses, including key steps such as data collection, risk assessment, and calculation of premiums based on historical loss data.
You will also analyze a dataset of Marine Liability insurance claims, apply actuarial principles to evaluate risks, and determine appropriate premium amounts.
Finally, you will develop a report with recommendations on pricing, including underlying assumptions and commentary on risks and uncertainty.

Intro & Scenario

Background context and your project team

Your role

You are an actuarial analyst at AIG, specializing in Marine Liability insurance.
You work within a team of actuaries, each focusing on different aspects of actuarial science and insurance products.
Your team is responsible for assessing risks and determining appropriate pricing for Marine Liability insurance policies.
As a new analyst, you are eager to apply your actuarial knowledge to real-world scenarios and contribute to the team's success.

Your goal

Your primary task is to understand and apply core actuarial responsibilities, focusing on pricing and risk assessment for Marine Liability insurance.
You will create a basic outline for pricing analyses, including key steps such as data collection, risk assessment, and calculation of premiums based on historical loss data.
You will also analyze a dataset of Marine Liability insurance claims, apply actuarial principles to evaluate risks, and determine appropriate premium amounts.
Finally, you will develop a report with recommendations on pricing, including underlying assumptions and commentary on risks and uncertainty.

Reviews

4.6

I really felt like I was doing actual work, not some much easier and simplified version of it. I learnt a lot of skills and was given the space to figure things out on my own, and produce my own conclusions on it, with hints if i needed them. I feel like I have a really good understanding of how insurance works and the roles of an actuary, and I'm now really interested in the field!

Student, Northwood School

I really enjoyed this simulation! The hands-on Excel work and data analysis was very engaging. Working through the premium calculation step by step from loss frequency and severity to the final recommended premium. It helped me understand how actuarial principles are applied in real life. Great learning experience!

Student, University of Delhi

I really appreciated the practical approach and the opportunity to work on real-world insurance pricing scenarios. The structure of the tasks was clear, and I enjoyed applying actuarial principles step by step. The resources provided were very helpful in understanding how the insurance industry handles risk assessment and premium calculation.

Student, Universidad Carlos III de Madrid