Capital Modelling Risk Analyst

Reporting to the Head of Legal Entity and Production, you will be working in a group wide role within the Economic Capital Modelling and Risk Analytics Team. The role support the AIG Group model used for economic 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 also acts a centre of excellence for Capital Modelling and supports other models around the group such as for Canada, Japan, AIRCO (Bermuda) and other models.

Some of the key responsibilities include:

• Support annual/quarterly capital model updates. The update includes collection of risk information in all areas: Reserve risk, Premium risk, Nat Cat, Man Made Cat, Market, Credit and Operational risks. Also, latest financial information exposure (Budget and Balance sheet) is obtained by working with Finance.
• To review model inputs and outputs by performing an analysis of change.
• Support the development of new processes by creating tools and code to improve efficiency or for regulatory reporting.
• Creating process flows and documenting processes.
• Summarise and communicate model output and changes through presentation and risk reports to key stakeholders. In particular, support business partners in Actuarial or Finance with uses of the Capital Model, whether analysis on volatility or capital allocation.
• Ensure logs, reports and documentation are maintained and available for use/review by both internal and external parties.
• Support the testing and validation of model inputs and results as required, including ongoing quality assurance.

• Degree in Actuarial Science, Mathematics or related discipline - 2:1 or above.
• Experience in an Actuarial or Capital Modelling Analyst role
• Working towards or willing to pursue actuarial qualifications
• Coding experience in Python, R or other programming languages.
• Strong critical thinking and problem solving skills.
• Strong quality control and review skills.
• Excellent communication and interpersonal skills.

#LI-AIG

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.