AIG

This Capital Modelling Risk Analyst position at AIG focuses on updating, testing, and developing methodologies for global internal capital models, providing a technical foundation across various insurance risk sectors while pursuing an actuarial qualification.Join us as a Capital Modelling Risk Analyst to take your career to the next level with an international market leader. Make your mark in Capital ModellingThis role is part of our Capital Modelling and Risk Analytics Team, including the AIG Group model used for capital, risk management and portfolio management at a firm-wide level as well as Europe (AESA) and UK Solvency II Approved Internal Models.  The team acts a centre of excellence for capital modelling and supports other models around the group, such as for Canada, Japan and AIRCO (Bermuda). How you will create an impactYou will work across all Insurance Risk areas including Nat Cat, Man-Made Cat, and 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 a fantastic role for a bright, enthusiastic graduate who has an interest in developing a career in Actuarial. We offer great career progression, and we will support you in developing your technical skills and in becoming a qualified Actuary. Some of the key areas of activity include:The work will include range from model parameterisation, updating, testing and review of results. The work may require the investigation of investigate existing methodologies and development of new methodologies to meet business requirements.Communicate model output and changes to key stakeholders and to governance committees as required.Support business partners in Actuarial or Finance with uses of the capital model, whether analysis on volatility, capital allocation or reinsurance effectiveness.Supporting the development of new processes or improvement of current processes for greater efficiency.Working with Subject Matter Experts from Insurance Risk all areas of the model to meet timelines in the delivery of model updates, documentation and capital solutions for Major Model Changes and other regulatory filings.Communicate model output and changes to key stakeholders and to governance committees as required.Support business partners in Actuarial or Finance with uses of the capital model, whether analysis on volatility, capital allocation or reinsurance effectiveness.Ensure logs, reports and documentation are maintained and available for use/review by both internal and external parties.Support the coordination of audits and validation of project work and model changes as required, as well as ensuring ongoing quality assurance and checking. What you'll need to succeedDegree in Mathematics or Statistics, or an Actuarial student making progress towards their qualificationWilling to pursue membership in a recognised actuarial society.Excellent critical thinking and problem solving skills.Strong work ethic with a willingness to learn.Work well both independently and as part of a team.Excellent communication and interpersonal skills.Coding experience in Python, R or other programming languages.At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.Enjoy benefits that take care of what mattersAt 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 worldAmerican 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.Welcome to a culture of inclusionWe’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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This Risk Analyst position at Talbot (an AIG company) focuses on supporting the enterprise and operational risk framework by tracking key risk indicators, investigating incidents, and compiling quarterly compliance reports using the ServiceNow GRC system.Make your mark in TalbotWith offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicates 1183, 2019, 2478 and s2479 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.How you will create an impactThis is a fantastic role for someone with an enterprise/operational risk background to join our Risk team in a role that offers a lot of variety and some interesting challenges. You will gain a breadth of experience and have the opportunity interact with senior stakeholders across the business.Some of the key responsibilities include:Assist with oversight of risk appetites, tolerances and key risk indicatorsSupport the ongoing process of risk assessments, including deep divesSupport the quarterly reporting cycle, including attendance at quarterly meetings with key stakeholdersMonitor and record changes in the risk profile of the business, including the effectiveness of the control environmentRecord and monitor risk management actionsAssist in the recording, monitoring and investigation of risk events / incidentsContribute to the annual ORSA processBe an active user of the ServiceNow GRC System, facilitating business attestations and providing training to new usersAssist in the design of and/or run reports in accordance with business needs from ServiceNowAssist the Senior Risk Manager and Head of Risk Management to deliver other aspects of the Risk Management plan as required (with the opportunity to be involved in topical / strategic projects)Keep up to date with Risk Management best practice and make recommendations for practical application in Talbot as relevantAssist in any training exercises carried out by the Risk Management team What you’ll need to succeedGraduate with relevant degreeSome experience in Risk Management within Financial Services or a ConsultancyHighly motivated, inquisitive and a self-starterStrong attention to detailVery strong communication skillsGood knowledge of Word, Excel and databasesA desire to proactively engage with the business and build strong working relationshipsInsurance experience advantageousAt AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.Enjoy benefits that take care of what mattersAt 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 worldAmerican 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.Welcome to a culture of inclusionWe’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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