At a Glance
- Tasks: Lead innovative research on catastrophe risk and support model development.
- Company: Join AIG, a global leader in insurance solutions.
- Benefits: Comprehensive benefits package focused on health, wellbeing, and professional development.
- Other info: Collaborative culture with a focus on inclusion and continuous learning.
- Why this job: Make a real impact on climate change and catastrophe modelling.
- Qualifications: PhD or Master’s in relevant fields and 3+ years of experience required.
The predicted salary is between 55000 - 65000 £ per year.
Join us as a Catastrophe Research Analyst to take your career to the next level with a global market leader.
AIG’s model validation and research group consists of team members in the US & London, and an outsourced team in Bengaluru, India. The role will involve collaboration with this team, and with multiple external vendors (Moody’s, Verisk, KatRisk), as well as internal teams building bespoke tools. The job holder will lead the review of and take ownership of specific peril region models as directed by the Head of Catastrophe Research & Validation.
This role will be part of AIG’s Catastrophe Research & Validation Team. You will support the development of AIG’s internal view of risk for Natural Catastrophe, Terrorism, and other First Party Perils. Working with the Head of Catastrophe Research & Validation and other Cat Modelling Leaders, the job holder will support the implementation of industry leading analytics, research practices, and model development across the organisation.
Some of the key responsibilities include:
- Lead innovative research on catastrophe risk, with a focus on peril regions most material to AIG
- Support the development of standardised best practices and view of risk strategy
- Support end to end catastrophe model evaluation across the company:
- Implementing AIG’s View of Risk
- Validating new and existing vendor models
- Proposing adjustments to vendor out of the box views
- Implementing model change and upgrades
What you'll need to succeed:
- PhD or Master’s degree in Climate Science, Natural Hazards, Applied Statistics, or a related subject
- 3+ years of experience in catastrophe research or model development, experience using RMS is preferred
- Excellent understanding of the science of catastrophe modelling, and hands on experience writing model reviews and validation
- A knowledge of catastrophe models including their strengths and weaknesses, and demonstrated expertise in the science of one or more peril regions
- An understanding of climate change and its impact on insurance, and an interest in developing analytics and thought leadership in this area
- A keen interest in the impact of modelling on Underwriting decision making
- An ability to communicate technical concepts in a non-technical manner
- Excellent communication, presentation, and interpersonal skills
- Strong programming skills including R, Python, and SQL
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.
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.
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 honoured 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.
Catastrophe Analyst in London employer: AIG Insurance
Contact Detail:
AIG Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at AIG on LinkedIn. Ask them about their experiences and any tips they might have for landing the Catastrophe Analyst role. Personal connections can give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since this role involves catastrophe modelling, make sure you're comfortable discussing your experience with RMS and other relevant tools. We want to see your passion for the field shine through!
✨Tip Number 3
Showcase your communication skills! Be ready to explain complex concepts in simple terms. This is crucial for collaborating with teams across different functions at AIG. Practice explaining your past projects to friends or family who aren't in the field.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining AIG and being part of our innovative team.
We think you need these skills to ace Catastrophe Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Catastrophe Analyst role. Highlight your relevant experience in catastrophe research and model development, especially if you've worked with RMS or similar tools. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about catastrophe modelling and how your background in climate science or applied statistics makes you a great fit for AIG. Keep it engaging and personal!
Showcase Your Technical Skills: Don’t forget to mention your programming skills in R, Python, and SQL. We love seeing candidates who can communicate complex concepts clearly, so give examples of how you've done this in past roles. It’ll make you stand out!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at AIG Insurance
✨Know Your Catastrophe Models
Make sure you brush up on your knowledge of catastrophe models, especially those relevant to the role. Be prepared to discuss their strengths and weaknesses, and how they impact underwriting decisions. This will show that you have a solid grasp of the technical aspects of the job.
✨Showcase Your Research Skills
Since the role involves leading innovative research, come ready to share examples of your past research projects. Highlight your experience in model validation and any unique insights you've gained about peril regions. This will demonstrate your capability to contribute to AIG’s Catastrophe Research & Validation Team.
✨Communicate Clearly
You’ll need to explain complex concepts in a way that non-technical stakeholders can understand. Practice articulating your thoughts clearly and concisely. Consider preparing a few key points or analogies that simplify your technical knowledge for a broader audience.
✨Engage with Climate Change Topics
Given the focus on climate change impacts, be ready to discuss your understanding of how climate change affects insurance. Share your thoughts on analytics and thought leadership in this area, as it shows your interest and commitment to staying ahead in the field.