Senior Research Analyst (Property) in London

Senior Research Analyst (Property) in London

London Full-Time 56700 - 69300 £ / year (est.) Hybrid
American International Group (AIG)

At a Glance

  • Tasks: Lead innovative research on catastrophe risk and collaborate with global teams.
  • Company: Join AIG, a global leader in insurance solutions with a culture of inclusion.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Dynamic work environment with opportunities for continuous learning and career growth.
  • Why this job: Make a real impact on climate change analytics and catastrophe modelling.
  • Qualifications: PhD or Master's in relevant fields and 3+ years of experience in catastrophe research.

The predicted salary is between 56700 - 69300 £ per year.

Join us as a Senior Catastrophe Research Analyst to take your career to the next level with a global market leader. Make your mark in Cat Modelling. 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 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.

How you will create an impact

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.

  • Lead innovative research on catastrophe risk, with a focus on peril regions most material to AIG.
  • Support the development 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.
  • Support AIG's assessment of climate change and impacts to climate related perils worldwide.
  • Support climate change engagement with internal and external stakeholders.
  • Work with Enterprise Risk Management partners to ensure views of risk are clearly documented and communicated in line with AIG's model risk management policies.
  • Support short and medium term efforts to transform internal catastrophe modelling process.
  • Closely collaborate with functions such as Risk Engineering, Actuarial, Underwriting, and ERM to share insights and best practices across the organisation.
  • Partner with the Data Office on strategic data initiatives, including supporting vendor/data provider capability assessments and contract reviews.

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.

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 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.

Location: London
Type: Full time

Senior Research Analyst (Property) 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.

American International Group (AIG)

Contact Details:

American International Group (AIG) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Research Analyst (Property) in London

✨Get Involved in Research Communities

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✨Utilise Professional Networks

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We think you need these skills to ace Senior Research Analyst (Property) in London

Catastrophe Modelling
Model Validation
Climate Science
Natural Hazards
Applied Statistics
R
Python

Some tips for your application 🫡

Highlight Your Research Experience:When applying for a full-time role in scientific research, make sure to emphasise your research experience prominently in your CV. Share specific projects you’ve worked on, the methodologies you used, and any significant findings. If you’ve published papers or presented at conferences, definitely include that too – it shows you’re on it in the academic world!

Tailor Your Cover Letter to the Research Area:Your cover letter should reflect your passion for the specific area of research at American International Group (AIG). Mention relevant experiences that align with the organisation’s goals or projects. This shows that you’ve done your homework and are genuinely interested in the position – plus, it helps us see how you’d fit into the team dynamics.

Showcase Your Data Analysis Skills:In scientific research, data analysis skills are a big deal! Make sure to detail any relevant analytical tools or software you’re familiar with, like R, Python, or statistical packages. Employers are keen to know you can handle the data-heavy elements of the role, so add specific examples where you’ve used these skills effectively.

Discuss Your Future Research Goals:In your motivation section, it’s a great idea to talk about your future research goals and how they align with the work being done at American International Group (AIG). This shows that you’re not just looking for any job, but rather a chance to contribute meaningfully to the field. We love to see applicants who are forward-thinking and enthusiastic about their research journey!

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

✨Showcase Your Research Skills

In scientific research, it’s crucial to demonstrate your ability to design and conduct experiments. Come armed with examples of past projects where you've developed hypotheses, collected data, and analysed results. Be ready to discuss any specific methodologies or tools you’ve used, like PCR techniques or statistical software.

✨Prepare for Technical Questions

Expect some technical questions specific to your field. Make sure you're up to speed with recent advancements in scientific research related to the role at American International Group (AIG). Brush up on concepts relevant to their projects and be prepared to discuss how you would approach a specific research problem or challenge they might face.

✨Know Your Publications

If you've authored or co-authored any papers, be prepared to discuss them! Highlighting your contributions to published research can really set you apart. It shows not only your expertise but also your ability to communicate complex ideas clearly, which is key in scientific research roles.

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In full-time roles, collaboration is often at the heart of scientific research. Prepare examples that show how you've successfully worked in teams, dealt with conflicts, or contributed to group projects. We want to know how you can work effectively with the team at American International Group (AIG) to drive research projects forward.