Senior Catastrophe Risk Analyst

Make your mark in Catastrophe Risk Management

The North American Catastrophe Risk Management team is responsible for catastrophe modelling and portfolio exposure management for AIG’s North American Insurance businesses. 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 North American Catastrophe Risk Management team is part of a wider Global Underwriting Analytics team with individuals located across the US, and in London and Singapore.

The primary responsibility for the individual in this role is to be the catastrophe modelling business partner for AIG’s Retail Property business, and other select portfolios in North America. The role requires a technically proficient catastrophe modeler with experience of developing or a desire to develop 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.

How you will create an impact

• Own the relationship between the catastrophe modelling team and the Retail Property Underwriting team, providing advice and data driven insights that will support Underwriting and Portfolio Management.
• Lead the quarterly portfolio roll-up and reporting operations for select North American Commercial, and Specialty portfolios.
• Work closely with 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, for various U.S. state and national insurance regulatory bodies.
• 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

• 5+ Years of catastrophe portfolio modelling experience, preferably using RMS and/or AIR.
• Bachelors Degree required
• Excellent analytical and problem solving skills.
• A strong understanding of property insurance and reinsurance. Progress towards industry qualifications (e.g. CPCU) would be a bonus.
• A high degree of attention to detail and an ability to manage multiple global projects with competing priorities
• Excellent SQL skills and an understanding of data back-end schema is a must. Technical proficiency in and additional programming language such as R or Python would be a bonus.
• An ability to communicate technical concepts in a non-technical manner, to a wide range of audiences
• Excellent communication, presentation, and interpersonal skills

Ready to take your career to the next level? We would love to hear from you!

For positions based in NYC, NY the base salary range is $81,000 - 109,000 and for position based in Illinois, the base salary range is $84,000-$111,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview. 

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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.

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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.

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