At a Glance
- Tasks: Lead catastrophe portfolio reporting and model development for a global insurance leader.
- Company: Join AIG, a top player in the insurance market with a focus on innovation.
- Benefits: Enjoy comprehensive rewards including health benefits, financial security, and professional growth.
- Other info: Dynamic role with opportunities for mentorship and career advancement.
- Why this job: Make a real impact in catastrophe risk management while collaborating with senior leaders.
- Qualifications: 4+ years in catastrophe modelling, strong analytical skills, and proficiency in SQL.
The predicted salary is between 60000 - 80000 £ per year.
Join us as a Group Catastrophe Portfolio Reporting Senior Analyst to take your career to the next level with a global market leader.
Make Your Mark in Cat Modelling
The GI Aggregations group is responsible for monitoring CAT risk aggregation across all lines of business underwritten by AIG General Insurance. Primary responsibilities for the group include:
- Performing quarterly risk aggregation and reporting
- Supporting corporate and unit level reinsurance purchase efforts
- Establishing best practices for exposure data capture and catastrophe modelling
- Supporting AIG’s response and deliverables for rating agency surveys and regulatory filings
- Leading global event response efforts
- Providing ongoing support to our regional Catastrophe Modelling teams across the globe, our Centre of Excellence (CoE) in India, and our underwriting office colleagues
How You Will Create An Impact
You will take a lead on the development of our existing and future end‑to‑end corporate aggregation model, for AIG’s Global exposure as well as key large legal entity offshoot models. The role requires an independent and technically proficient catastrophe modeler from a reinsurance background. You will get high visibility and the opportunity to interact with, and advise senior management across the business functions, as well as an ability to influence global catastrophe risk modelling and exposure management efforts.
Key Responsibilities
- On a quarterly basis roll‑up AIG’s global exposure using our selected reinsurance modelling platform
- Support the automation of our end‑to‑end processes associated with the group roll‑up and other tasks as required
- Support the analysis of and validate exposure and result submissions from business unit cat managers, presenting feedback to business units as required
- Support the continued development of a suite of reports for internal and external audiences, including the Underwriting Office, Business leadership, Regulators, and others
- Support Corporate and unit level reinsurance purchases, and deliver quarterly CAT data to external partners
- Provide mentoring for and support the training and development of an offshore team of catastrophe modellers
- Work with Enterprise Risk Management partners to respond to rating agency surveys, and regulatory filing requirements
- Establish standardized best practices for exposure data capture across lines of business and geography, and assist in review efforts to ensure adherence
- Drive short and medium term efforts to transform internal CAT modelling process transformation initiatives
- Support ongoing rebuild of the company’s internal view of catastrophe risk, and influence development and execution of AIG’s CAT risk management strategy
Qualifications
- 4+ Years of catastrophe portfolio modelling experience, using both RMS and AIR
- Strong analytical and problem solving skills
- Experience using reinsurance modelling software such as Metarisk, Remetrica, Igloo, or other similar tools
- In‑depth knowledge of catastrophe models including their numerical methods, and science
- Excellent SQL skills and an understanding of RMS back‑end schema
- Technical proficiency in an additional programming language such as R or Python
- Experience with process and reporting automation in Excel
- An ability to communicate technical concepts in a non‑technical manner
- Experience with internal capital models and dealing with regulatory returns is a bonus
- Ability to manage multiple workloads and projects with competing priorities
Benefits
At AIG, our people are our greatest asset. We offer a comprehensive Total Rewards Program that includes health, wellbeing, financial security, and professional development benefits to support you and your family. 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.
Group Catastrophe Portfolio Reporting Senior Analyst employer: AIG
AIG is an exceptional employer located in Manchester, offering a dynamic work environment that fosters professional growth and development within the Financial Lines sector. With a strong emphasis on employee wellbeing, AIG provides a comprehensive benefits package and encourages a culture of collaboration and innovation, making it an ideal place for those looking to make a meaningful impact in the field of cyber underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Group Catastrophe Portfolio Reporting Senior Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at AIG. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss catastrophe modelling and the tools mentioned in the job description. We want you to shine!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Be ready to share examples of how you've tackled complex issues in past roles. This will demonstrate your analytical prowess and fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at AIG.
We think you need these skills to ace Group Catastrophe Portfolio Reporting Senior Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Group Catastrophe Portfolio Reporting Senior Analyst role. Highlight your experience with catastrophe modelling and any relevant software you've used, like RMS or AIR. We want to see how your skills match what we're looking for!
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 you can contribute to our team. Be sure to mention any specific projects or achievements that relate to the responsibilities outlined in the job description.
Showcase Your Technical Skills:Since this role requires strong analytical and technical skills, make sure to showcase your proficiency in SQL and any programming languages like R or Python. We love seeing candidates who can communicate complex concepts clearly, so don’t shy away from demonstrating that!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, it shows you’re serious about joining our team at AIG!
How to prepare for a job interview at AIG
✨Know Your Catastrophe Models
Make sure you brush up on your knowledge of catastrophe models, especially RMS and AIR. Be ready to discuss their numerical methods and how they apply to real-world scenarios. This will show that you're not just familiar with the tools, but you understand the science behind them.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical and problem-solving skills during the interview. Think of specific examples where you've tackled complex issues in catastrophe modelling or data analysis. This will help you stand out as a candidate who can handle the demands of the role.
✨Communicate Clearly
Since you'll need to explain technical concepts to non-technical stakeholders, practice simplifying complex ideas. Use clear, straightforward language when discussing your past experiences and how they relate to the job. This will highlight your ability to bridge the gap between technical and non-technical teams.
✨Be Ready for Process Automation Questions
Expect questions about your experience with process and reporting automation, particularly in Excel. Have examples ready that showcase your proficiency in automating tasks and improving efficiency. This will demonstrate your capability to contribute to the transformation initiatives mentioned in the job description.
