Insurance Risk Modeling Senior Risk Analyst

Join us as Insurance Risk Modelling Senior Risk Analyst

Make your mark in Risk Modelling. Reporting to the Head of Insurance Risk Modelling, you will support the development, calibration, testing, and enhancement of AIG's Insurance Risk capital models and associated business uses. The primary focus of the role is the quantification of non-catastrophic Insurance Risk, including Reserve Risk and Premium Risk, within AIG's Economic Capital Models. A significant component of the role involves the development and application of stochastic actuarial techniques to estimate the full probability distribution of unpaid claim liabilities. This involves end to end processes from methodology, coding, data gathering, model execution, assumption setting, measurement, testing, and communication of results to business stakeholders. The role has a broad range of exposure, supporting both Solvency II models for UK and European entities, Canada, Bermuda, Japan and Group Economic Capital Models. The models are used both for regulatory capital requirements and for internal uses such as capital allocation and inputs to technical pricing.

How you will create an impact

The role works closely with actuarial, risk management, underwriting, and finance teams across AIG's global operations. It is ideally suited to a candidate with strong interests in capital modelling, Insurance Risk, statistical methods, and coding.

Responsibilities

• Develop stochastic actuarial models and applications for non-catastrophic Reserve and Premium Risks including AIG's existing in-house models and advancement of related actuarial techniques.
• Calibration of Insurance Risk parameters within AIG's Internal Capital Model. Includes both line of business volatilities and cross-line correlations.
• Analyse historical claims and underwriting data to develop model assumptions and parameters.
• Translate business requirements into analytical solutions and model specifications.
• Perform testing, sensitivity analysis, benchmarking, and validation of model results.
• Support business partners in understanding Insurance Risk, capital requirements, and model outputs.
• Communicate analytical approaches and results to both technical and non-technical audiences.
• Maintain model documentation and support governance, validation, and review activities.
• Respond to ad hoc requests relating to Insurance Risk and capital analysis.

What you'll need to succeed

• Experience in insurance, actuarial, capital modelling, or quantitative risk management.
• Experience applying stochastic modelling techniques within Property & Casualty insurance or related areas.
• Understanding of reserving, pricing, Insurance Risk, economic capital modelling, and risk aggregation principles.
• Proven proficiency in mathematical, statistical, actuarial, and quantitative methodologies.
• Knowledge of Solvency II and related insurance capital regulatory frameworks is advantageous.
• Progress toward an actuarial qualification is desirable but not required.
• Degree in Actuarial Science, Statistics, Quantitative Finance, Data Science, or Mathematics.

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.

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 .

Functional Area: RK - Risk AIG Europe (Services) Limited

Nous sommes une Compagnie d'assurance internationale de premier plan, présente dans plus de 80 pays et juridictions. Nous proposons une large gamme d'assurances IARD et Responsabilité civile, d'Assurance vie, de solutions de retraite et d'autres services financiers pour accompagner nos clients dans leur quotidien professionnel et personnel par le biais de nos divisions d'assurance générale, vie et retraite et placements. Ce qui nous caractérise à travers toutes ces offres, c'est notre engagement à aider les individus, les entreprises et les communautés à se préparer et à réagir aux périodes d'incertitude. Qu'il s'agisse d'aider les personnes confrontées à des catastrophes naturelles ou les millions d'Américains qui aspirent à une retraite stable, nous avons l'expertise nécessaire pour aider nos clients à mieux gérer les risques. Nous nous engageons également à faire ce qu'il faut pour nos Employés et les communautés dans lesquelles nous travaillons et vivons. C'est pourquoi nous cherchons à offrir ce qui compte à nos équipes toujours plus diversifiées - comme des environnements de travail flexibles et créatifs, des opportunités de croissance professionnelle et des forums pour se soutenir les uns les autres et inciter au changement. Nous encourageons les Employés à soutenir les causes qui les intéressent le plus, par le biais de nos programmes de congés des bénévoles et des subventions spécifiques, "Matching Grants Program". Rejoignez notre réseau de Talents (Talent Network ). Des informations supplémentaires sur AIG sont disponibles sur YouTube Twitter LinkedIn. Ces références avec des informations supplémentaires sur AIG ont été fournies pour des raisons de commodité, et les informations contenues sur ces sites Web ne sont pas référencées dans ce communiqué de presse.