Senior Catastrophe Risk Analyst

6w1 month ago

AIG

London, GB · Full-time · £85,000 – £115,000

About this role

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 handles catastrophe modelling and portfolio exposure management for AIG’s UK, EMEA, LAC, and Global Specialty Insurance platforms.

Lead catastrophe modelling for select UK, EMEA, and LAC businesses. Develop modelling processes, business partnering relationships, and portfolio management reporting for Commercial Lines and Specialty businesses. Provide data driven insights supporting Underwriting and Portfolio Management.

Day-to-day pricing and portfolio roll-up occurs at the Centre of Excellence in Bangalore. The UK team forms part of a wider Global Underwriting Analytics team across the US, London, and Singapore. Work closely with underwriting, actuarial, claims, and other functions integrating catastrophe insights.

Engage in wider analytics strategies like business planning, portfolio optimization, and technical tool development. Lead quarterly portfolio roll-up and reporting operations. Proactively review processes and contribute to systems, strategies, and ad-hoc projects.

Requirements

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
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

Responsibilities

Develop catastrophe modelling processes, business partnering relationships, and portfolio management reporting for select Commercial Lines and Specialty businesses
Develop highly digitised and automated processing and reporting frameworks, and provide advice and data driven insights supporting 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
Support internal partners responding 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, proactively proposing changes to systems, processes, and strategies
Continuously engage with the wider Catastrophe Risk Management & Underwriting Analytics teams, supporting ad-hoc analytics projects