Capital Modelling Risk Analyst

Join us as a Capital Modelling Risk Analyst to take your career to the next level with an international market leader. This role is part of our Capital Modelling and Risk Analytics Team, including the AIG Group model used for capital, risk management and portfolio management at a firm-wide level as well as Europe (AESA) and UK Solvency II Approved Internal Models. The team acts as a centre of excellence for capital modelling and supports other models around the group, such as for Canada, Japan and AIRCO (Bermuda).

How You Will Create An Impact

You will work across all Insurance Risk areas including Nat Cat, Man-Made Cat, and Non-Cat risk, Market Risk, Credit Risk and Operational Risks, and you will support the quantification of Reserve and Premium Risks for a global General Insurance company. This is a fantastic role for a bright, enthusiastic graduate who has an interest in developing a career in Actuarial. We offer great career progression, and we will support you in developing your technical skills and in becoming a qualified Actuary.

Key Activities

• The work will include model parameterisation, updating, testing and review of results. This may require investigation of existing methodologies and development of new methodologies to meet business requirements.
• Communicate model output and changes to key stakeholders and governance committees as required.
• Support business partners in Actuarial or Finance with uses of the capital model, including analysis on volatility, capital allocation or reinsurance effectiveness.
• Support the development of new processes or improvement of current processes for greater efficiency.
• Collaborate with Subject Matter Experts from Insurance Risk across all areas of the model to meet timelines in the delivery of model updates, documentation and capital solutions for Major Model Changes and other regulatory filings.
• Ensure logs, reports and documentation are maintained and available for review by internal and external parties.
• Support the coordination of audits and validation of project work and model changes as required, ensuring ongoing quality assurance and checks.

What You'll Need To Succeed

• Degree in Mathematics or Statistics, or an Actuarial student progressing toward qualification.
• Willing to pursue membership in a recognised actuarial society.
• Excellent critical thinking and problem solving skills.
• Strong work ethic with a willingness to learn.
• Ability to work independently and as part of a team.
• Excellent communication and interpersonal skills.
• Coding experience in Python, R or other programming languages.

Company Approach

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.

Benefits and Inclusion

We offer a Total Rewards Program, a comprehensive benefits package that focuses on health, wellbeing and financial security—as well as professional development—to bring peace of mind to you and your family. 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. We are committed to creating a culture that respects and celebrates diverse talents, backgrounds, cultures, opinions and goals. 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. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.