Capital Modelling Risk Analyst

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 Modelling

This 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 impact

You 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 succeed

Degree in Mathematics or Statistics, or an Actuarial student making progress towards their qualification

Willing 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.