Apply on Employer Site

AIG · 1 week ago

Senior Catastrophe Risk Analyst

West Chicago, IL

Full-time

Onsite

Senior Level

$81K/yr - $109K/yr

5+ years exp

AIG is a global leader in commercial and personal insurance solutions, and they are seeking a Senior Catastrophe Risk Analyst to support their North American Catastrophe Risk Management team. The role involves catastrophe modeling, portfolio management, and providing insights to support underwriting and business strategies.

BankingFinancial ServicesInsurance

Responsibilities

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

Qualification

Catastrophe portfolio modellingRMSAIRSQLPythonRProperty insuranceReinsuranceAnalytical skillsProblem solvingAttention to detailCommunication skillsInterpersonal skillsPresentation skills

Required

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

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

An ability to communicate technical concepts in a non-technical manner, to a wide range of audiences

Excellent communication, presentation, and interpersonal skills

Preferred

Progress towards industry qualifications (e.g. CPCU) would be a bonus

Technical proficiency in and additional programming language such as R or Python would be a bonus

Benefits

A range of competitive benefits

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