Capital Modelling Risk Analyst

Overview

Join us as a Capital Modelling Risk Analyst to advance your career with an international market leader.

Make your mark in Capital Modelling

This role sits within our Capital Modelling and Risk Analytics Team, supporting the AIG Group model used for capital, risk management and portfolio management at a firm-wide level, as well as Europe (AESA) and the UK Solvency II Approved Internal Models. The team acts as a centre of excellence for capital modelling and supports other models across the group, including Canada, Japan and AIRCO (Bermuda).

How you will create an impact

You will work across all Insurance Risk areas including NatCat, Man-Made Cat, Non-Cat risk, Market Risk, Credit Risk and Operational Risks, and you will support the quantification of Reserve and Premium Risks for a global General Insurance company.

This is an excellent role for a bright, enthusiastic graduate interested in developing a career in actuarial science. We offer strong career progression and will support you in developing your technical skills and in pursuing actuarial qualification.

Key responsibilities

• The work includes parameterisation, updating, testing and review of results. It may require investigation of existing methodologies and development of new methodologies to meet business requirements.
• Communicate model output and changes to key stakeholders and governance committees as required.
• Support business partners in Actuarial or Finance with uses of the capital model, including analyses on volatility, capital allocation and reinsurance effectiveness.
• Support the development of new processes or the improvement of current processes for greater efficiency.
• Collaborate with Subject Matter Experts from Insurance Risk across all areas of the model to meet delivery timelines for model updates, documentation and capital solutions for Major Model Changes and other regulatory filings.
• Ensure logs, reports and documentation are maintained and accessible for internal and external review.
• Coordinate audits and validation of project work and model changes as required, ensuring ongoing quality assurance and checks.

What you'll need to succeed

• Degree in Mathematics or Statistics, or an Actuarial student progressing toward qualification.
• Willingness to pursue membership in a recognised actuarial society.
• Excellent critical thinking and problem-solving skills.
• Strong work ethic with a willingness to learn.
• Ability to work well independently and as part of a team.
• Excellent communication and interpersonal skills.
• Coding experience in Python, R or other programming languages.

Note: This role may involve in-office collaboration as part of our culture and work model.

Benefits & culture

At AIG, we value our people as our greatest asset. We offer a comprehensive Total Rewards Program that extends beyond time spent at work to include benefits focused on health, wellbeing, financial security, and professional development.

About AIG

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions and one of the world’s most far-reaching property-casualty networks. We are focused on delivering innovative solutions to our customers and supporting individuals, businesses, and communities in managing risk and adapting to uncertainty. We invest in our people through continuous learning and development within a culture that celebrates diversity and inclusion.

Inclusion & equal opportunity

We are committed to creating a culture that respects and values diverse talents, backgrounds, cultures, opinions and goals. We support inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs) with global chapters. Our commitment to diversity has been recognized by various awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender identity or 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 email candidatecare@aig.com.