Senior Catastrophe Risk Analyst

Join us as a Senior Catastrophe Risk Analyst to take your career to the next level with a global market leader.

Make your mark in Cat Risk Management

The UK Catastrophe Risk Management team is responsible for catastrophe modelling and portfolio exposure management for AIG’s UK, EMEA, LAC, and Global Specialty Insurance platforms. Effective Catastrophe Management is integral to the success of the business and our catastrophe modelers play a critical role in managing our global risk appetite. Day to day pricing and portfolio roll-up is carried out at our Centre of Excellence (CoE) in Bangalore, India. The UK Catastrophe Risk Management team is part of a wider Global Underwriting Analytics team with individuals located across the US, and in London and Singapore.

How you will create an impact

The primary responsibility for the individual in this role is to lead the Catastrophe modelling for select UK, EMEA, and LAC businesses. The role requires a technically proficient catastrophe modeler with experience building strong relationships with underwriters and underwriting portfolio managers. The role requires core competencies in catastrophe portfolio modelling whilst also providing the chance to get involved in wider analytics strategies including business planning, portfolio optimization, and technical tool development.

Some of the key responsibilities include:

• Develop catastrophe modelling processes, business partnering relationships, and portfolio management reporting for select Commercial Lines and Specialty businesses in the above regions.
• Develop highly digitised and automated processing and reporting frameworks, and provide advice and data driven insights that will support Underwriting and Portfolio Management.
• Lead quarterly portfolio roll-up and reporting operations for the above businesses.
• Work closely with underwriting, actuarial, claims, and other functions, integrating catastrophe modelling insights into day-to-day business, and portfolio optimization strategies.
• Carry out other modelling business activities including event response, business planning, budgeting, profit studies, portfolio optimization, reinsurance purchasing, and other exercises where catastrophe risk inputs are required.
• Support internal partners as needed to respond to rating agency surveys, regulatory filing, data calls and other ad-hoc reporting.
• Be a best practices expert for Underwriting Teams, the CoE, and operational groups across the company. Proactively review and propose new or changes to, and play a key role in developing our systems, processes, and strategies.
• Continuously engage with the wider Catastrophe Risk Management & Underwriting Analytics teams, supporting ad-hoc analytics projects and contributing to wider analytics initiatives.

What you'll need to succeed

• 4+ Years of catastrophe portfolio modelling experience, preferably using RMS and/or AIR.
• Excellent analytical and problem-solving skills.
• A strong understanding of property insurance and reinsurance.
• Strong knowledge of catastrophe models including their numerical methods, and science.
• Excellent SQL skills and an understanding of RMS back-end schema is a must.
• Experience with process and reporting automation in Excel.
• An ability to communicate technical concepts in a non-technical manner, to a wide range of audiences.
• An ability to work independently and manage multiple deliverables 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

AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd. As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.