American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today we provide a wide range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 100 countries and jurisdictions. Our diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Actuarial professionals have the pivotal role in driving the results at AIG, and are integral to AIG’s success with their expertise in quantitative analysis, insurance pricing, loss reserving, and risk quantification. We have dedicated Finance Actuaries that play a critical role in ensuring the financial condition of AIG’s major regulated and rated insurance operating companies around the world.
Specifically, the Finance Actuarial team is responsible for reserving and valuation of liabilities; assessing the soundness of regulatory and rating agency; capital and assessment of insurance capital needs. Portfolio Analytics and Pricing Actuaries dedicated directly to support AIG’s businesses are responsible for technical pricing, product development analytics, performance monitoring and measurement, and assessment of reinsurance needs. This team also works with marketing, operations, and financial management to achieve business objectives.
Summer Internship Program Description
Joining the AIG Summer Internship Program is a great way to enhance your business acumen and gain insight into our industry. Summer interns are placed into meaningful and influential roles that have an immediate and integral impact on the business.
The Summer Internship Program lasts approximately 10 weeks and is targeted to students entering the final year of their undergraduate or graduate education. After initial orientation, summer interns will join one of our business lines, each of which offers a unique opportunity to obtain core technical knowledge and professional skills in a diverse and global environment. In addition to the experience acquired on the job, summer interns have the opportunity to learn directly from senior management and participate in webinars, discussion forums, and networking receptions.
Summer interns establish goals with their managers during the first week, and the goals are measured at the mid and end points of the summer. Successful summer interns may be considered for full-time analyst positions to begin summer of 2020.
Minimum grade point average of 3.2 (unofficial transcript required upon application)
Bachelors or Master’s degree, or candidate for Bachelors or Master’s degree to be received no later than August 2020
Complete one or more Actuarial Exam(s) by the start of the internship (June 2020)
We also look for a diverse background of experience, culture, and thought. Successful candidates typically have a global perspective and a record of successful teamwork.
The ideal candidates will be bold thinkers with an entrepreneurial bent, and will possess a powerful blend of IQ (technical skills, consistent learning, statistical & financial acumen) and EQ (adaptive communication, empathy, listening skills, challenging with humility).
AIG seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative and interpersonal skills, and are enthusiastic about and committed to the insurance industry.
American International Group (AIG) is a leading global insurance organization. Founded in 1919, today we provide a wide range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 100 countries and jurisdictions. Our diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG commons stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange