Group Catastrophe Portfolio Reporting Senior Analyst in London

Group Catastrophe Portfolio Reporting Senior Analyst in London

London Full-Time 51750 - 63250 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead the development of corporate aggregation models and support global catastrophe risk management.
  • Company: Join AIG, a global leader in insurance solutions with a culture of innovation.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Collaborative office environment with opportunities for mentorship and career growth.
  • Why this job: Make a real impact in catastrophe modelling and influence global risk strategies.
  • Qualifications: 4+ years in catastrophe modelling, strong analytical skills, and proficiency in SQL and programming languages.

The predicted salary is between 51750 - 63250 £ 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.

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, and 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.

Some of the key responsibilities include:

  • 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, who will be carrying the bulk BAU and manual elements of processes described above.
  • 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.

What you'll need to succeed:

  • 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 others 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 and 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.

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. 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.

Reimagining insurance to make a bigger difference to the world:

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. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. 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.

Functional Area: RK - Risk

Location: London

Type: Full time

Group Catastrophe Portfolio Reporting Senior Analyst in London employer: American International Group (AIG)

AIG is an exceptional employer that prioritises the growth and well-being of its employees, offering a comprehensive Total Rewards Program that supports health, financial security, and professional development. With a strong emphasis on collaboration and inclusion, AIG fosters a vibrant work culture in London where diverse talents are celebrated, and continuous learning is encouraged, making it an ideal place for those looking to make a meaningful impact in the field of data governance.

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Contact Details:

American International Group (AIG) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Group Catastrophe Portfolio Reporting Senior Analyst in London

Dive Into Industry Networking Events

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We think you need these skills to ace Group Catastrophe Portfolio Reporting Senior Analyst in London

Catastrophe Portfolio Modelling
RMS
AIR
Analytical Skills
Problem-Solving Skills
Reinsurance Modelling Software
Metarisk

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at American International Group (AIG).

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at American International Group (AIG). Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at American International Group (AIG)

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at American International Group (AIG) to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at American International Group (AIG), they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding American International Group (AIG)'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.