At a Glance
- Tasks: Join our team to analyse and improve capital modelling and risk management processes.
- Company: AIG, a global leader in insurance solutions with a focus on collaboration.
- Benefits: Comprehensive benefits package, professional development, and a supportive work environment.
- Other info: Inclusive culture with opportunities for continuous learning and career growth.
- Why this job: Make a real impact in risk analytics while developing your skills in a dynamic setting.
- Qualifications: Degree in Actuarial Science or Mathematics; coding experience in Python or R preferred.
The predicted salary is between 45000 - 55000 £ per year.
Join us as a Capital Modelling Risk Analyst to take your career to the next level with an international market leader. Make your mark in Capital Modelling. 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.
How you will create an impact: Reporting to the Head of Legal Entity and Production, you will be working in a group wide role within the Economic Capital Modelling and Risk Analytics Team. The role supports the AIG Group model used for economic capital, risk management and portfolio management at a firm-wide level as well as Europe (AESA) and UK Solvency II Approved Internal Models. The update includes collection of risk information in all areas: Reserve risk, Premium risk, Nat Cat, Man Made Cat, Market, Credit and Operational risks. Also, latest financial information exposure (Budget and Balance sheet) is obtained by working with Finance. To review model inputs and outputs by performing an analysis of change. Support the development of new processes by creating tools and code to improve efficiency or for regulatory reporting. Summarise and communicate model output and changes through presentation and risk reports to key stakeholders. In particular, support business partners in Actuarial or Finance with uses of the Capital Model, whether analysis on volatility or capital allocation. Support the testing and validation of model inputs and results as required, including ongoing quality assurance.
What you'll need to succeed: Degree in Actuarial Science, Mathematics or related discipline – 2:1 or above. Experience in an Actuarial or Capital Modelling Analyst role. Working towards or willing to pursue actuarial qualifications. Coding experience in Python, R or other programming languages. Strong quality control and review skills.
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.
Enjoy benefits that take care of what matters: At AIG, our people are our greatest asset. 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.
AIG is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion: 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 honored 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.
Summary Location: London Type: Full time
Business Risk Associate in London employer: American International Group (AIG)
AIG is an exceptional employer, offering a dynamic work environment in London where collaboration and innovation thrive. As part of our Global Legal, Compliance and Regulatory team, you will receive comprehensive benefits that prioritise your health, wellbeing, and professional development, all while contributing to meaningful projects that impact the insurance landscape. Our inclusive culture celebrates diversity and fosters growth, ensuring that every employee feels valued and empowered to reach their full potential.
Contact Details:
American International Group (AIG) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Business Risk Associate in London
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We think you need these skills to ace Business Risk Associate in London
Some tips for your application 🫡
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How to prepare for a job interview at American International Group (AIG)
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with American International Group (AIG).
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Before your interview, reach out to current or former American International Group (AIG) employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
