Senior Catastrophe Risk Analyst

 

Description:

The AIG catastrophe (CAT) risk modeling and exposure management operation is one of the largest in the industry with professionals worldwide across multiple geographies. Effective CAT exposure management and reporting is integral to the success of the business and our team of experienced catastrophe modelers and exposure managers play a critical role in supporting underwriting of catastrophe risk and in managing our global risk appetite.

The individual in this critical role is responsible for supporting CAT modeling and exposure management needs of AIG’s North America (NA) business including Retail, Wholesale, Energy, Construction and Programs. The role requires partnering with Underwriting, Engineering, Actuarial stakeholders, as well as close engagement and partnership with other CAT Teams. The role is highly visible and will have the opportunity to interact with and advise underwriting leadership, as well as influence AIG’s approach to CAT modeling and exposure management.


What you need to know:


What we're looking for:

  • Perform advanced catastrophe risk analyses for multiple commercial product lines across AIG's General Insurance business and support underwriting decisions using data driven insights and guidance
  • Support Catastrophe event response and loss estimation efforts for NA Commercial lines
  • Collaborate with AIG R&D and Engineering teams on client projects and initiatives
  • Support quarterly portfolio roll-up and reporting operations for select commercial product lines
  • Support the development of reporting standards and best practices for portfolio and account level modeling
  • Actively participate in development and performance testing of AIG proprietary underwriting platforms and AIG internal view of Risk
  • Engage with internal partners as needed to respond to rating agency surveys, various Ad-hoc reporting, support regulatory filing, and data calls requirements for various U.S. state and national insurance regulatory bodies
  • Support business planning, profit studies, portfolio optimization, reinsurance purchase, and other actuarial or data driven exercises where catastrophe risk inputs are required
  • Assist in the development of catastrophe capacity and appetite metrics, and the deployment of these across NA Commercial lines
  • Provide regular training for internal stakeholders
    • 3+ years of direct experience in CAT risk and portfolio modeling using RMS/AIR
    • Bachelors degree in an analytical field (e.g., Statistics, Economics, Finance, etc.); or Masters degree in an analytical field is a plus
    • Good understanding of insurance and reinsurance
    • Excellent analytical and quantitative skills including numerical modeling
    • In-depth knowledge of CAT modeling methodologies, excellent understanding of RMS & AIR models and database structures
    • Excellent SQL skills and experience with additional programming languages (R/Python) highly preferred
    • A high degree of attention to detail; experience planning and delivering work for a global team with many simultaneous priorities and time-sensitive deliverables
    • Good verbal and written communication skills, and be able to effectively communicate technical concepts in a non-technical manner to a wide range of audiences
    • A good team player working well with multiple teams

Organization AIG
Industry Accounting / Finance / Audit Jobs
Occupational Category Senior Catastrophe Risk Analyst
Job Location New York,USA
Shift Type Morning
Job Type Full Time
Gender No Preference
Career Level Experienced Professional
Experience 3 Years
Posted at 2023-09-19 12:05 pm
Expires on 2024-12-01