Senior Capital Modelling Risk Analyst

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Senior Capital Modelling Risk Analyst, where your expertise in insurance risk will help shape strategic decisions. Collaborate with various teams to enhance capital model calibration and contribute to risk quantification efforts. This role not only emphasizes technical skills but also values strong communication and critical thinking abilities. Enjoy a supportive work environment that prioritizes in-person collaboration, fostering teamwork and professional growth. With a commitment to diversity and inclusion, this innovative firm is dedicated to making a positive impact in the insurance industry.

Benefits

Health Insurance

Professional Development Programs

Flexible Working Hours

Wellness Programs

Retirement Savings Plan

Qualifications

• 5+ years of experience in general insurance with a focus on capital modelling.
• Strong knowledge of different lines of insurance and associated risks.

Responsibilities

• Quantifying Reserve and Premium Risks for Property Casualty insurance.
• Developing and maintaining in-house models for risk measurement.

Skills

Quantitative Analysis

Communication Skills

Problem Solving

Statistical Programming (R, Python, Matlab)

Education

Qualified Actuary

MSc in a Quantitative Field

Tools

WTW Igloo

Job description

Social network you want to login/join with:

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Client:

AIG

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

cc6d5daee25f

Job Views:

7

Posted:

26.04.2025

Expiry Date:

10.06.2025

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Job Description:

Join us as a Senior Capital Modelling Risk Analyst with a focus on insurance risk to advance your career with a global market leader.

Make your mark in Capital Modelling

Economic capital is increasingly important at AIG for capital and risk management, budgeting, strategy, and pricing. It guides risk-return trade-offs and supports risk-aware business decisions aligned with corporate objectives.

How you will create an impact

This role offers an opportunity to work on capital model calibration of Insurance Risk and to support team operations and stakeholder needs through calibration assessments. The key risk areas include Non-Cat Reserve Risk, Premium Risk, and Man-Made Cat Risk, contributing to AIG’s Group and Legal Entity capital models. The role aims to deepen understanding of volatility and risk quantification within the business.

The role involves collaboration with Actuarial, Underwriting, ERM, and Finance teams.

Key responsibilities include:

• Quantifying Reserve and Premium Risks for a Property Casualty insurer, including methodologies and practical measurement.
• Reviewing scenario models from underwriting and third-party vendors for Man Made Cat modelling.
• Developing and maintaining in-house models for risk measurement.
• Standardizing modelling methodologies across AIG’s capital models, including those used for Solvency II compliance in the UK and Europe.
• Communicating analysis frameworks and results internally and externally.
• Maintaining documentation and testing procedures for methods and analyses.
• Responding to ad-hoc business requests related to risk and capital analysis.
• Managing and mentoring junior staff, including work reviews.

What you'll need to succeed:

• Qualified Actuary or MSc in a quantitative field, or equivalent.
• 5+ years of experience in general insurance.
• Experience in capital modelling is highly preferred.
• Knowledge of different lines of insurance and associated risks.
• Strong communication skills, both written and verbal.
• Excellent critical thinking and problem-solving skills.
• Experience with statistical programming languages such as R, Python, or Matlab.
• Experience with WTW Igloo for capital modelling is a plus.

#LI-AIG

AIG values in-person collaboration, requiring team members to work primarily in the office to foster effective teamwork and a supportive environment.

Enjoy benefits that matter

Our Total Rewards Program offers comprehensive benefits focused on health, wellbeing, financial security, and professional development to support you and your family.

Reimagining insurance to make a difference

AIG is a global leader in insurance solutions, committed to innovation and community support. We invest in our people through continuous learning and foster a culture of inclusion and belonging, recognized by awards and accreditations.

Our commitment to diversity and inclusion

We provide equal opportunities regardless of race, color, religion, age, gender, gender identity, national origin, veteran status, disability, or other protected categories. We accommodate applicants with disabilities; contact [emailprotected] for assistance.