Location: London
Join us as a Portfolio Reporting Manager, Group Catastrophe Risk Aggregation to take your career to the next level with a global market leader.
How you will create an impact
The Risk Aggregation Portfolio Reporting Manager will work across the Regional Cat and CoE (Centre of Excellence) Cat teams to coordinate best practices, standards and procedures whilst helping with the delivery of the quarterly reporting processes for first party property and specialty exposures from a group perspective. This role will also support regulatory reporting efforts and Reinsurance submission related activities support training and monitoring of the CoE and Regional Cat teams.
The Group Catastrophe Risk Aggregation team is responsible for monitoring all lines of business underwritten by AIG General Insurance. Primary responsibilities include performing quarterly risk aggregation and reporting, supporting corporate and unit level reinsurance purchase efforts, establishing best practices for exposure data capture and catastrophe modelling, supporting AIG’s response and deliverables for rating agency surveys and regulatory filings, leading global event response efforts, and providing ongoing support to our regional Catastrophe Modelling teams across the globe, our Centre of Excellence in India, our underwriting office and actuarial colleagues.
The team is central to the design and implementation of the function’s next generation modelling platform integration and associated end-to-end process design.
Some of the key responsibilities include
Support the design and development of standardized reporting in collaboration with global, regional and line of business stakeholders. Build a framework that is robust and consistent across the different lines of business whilst allowing for the inherent risk differences within each LOBs.
Support the transition of AIG’s View of Risk and modelling platform changes in conjunction with the R&D and wider modelling teams. Lead the delivery of new reporting workflows and automation efforts.
Delivery of the group quarterly rollup in coordination with the Regional Cat and offshore CoE Cat teams including Post Cat modelling using MetaRisk.
Assist with delivery of the Budget AAL process through coordination with the Regional Cat Managers
Develop sustainable, high-quality best practices, ensuring documentation is maintained
Maintain the existing Property TVaR Reporting Framework, working closely with the Regional Catastrophe Risk Managers to ensure consistency between global and regional reporting.
Establish strong relationships with regional catastrophe management and actuarial departments, as well as regional and product leadership in Property and Specialty Underwriting
Support the Reinsurance data submission process including validation of Broker analyses
What you'll need to succeed
- 7+ years of experience in an analytical role in the insurance market, preferably in an actuarial or cat modelling function
- A high degree of independence and an ability to manage multiple workloads and projects with competing priorities.
- Strong insurance market knowledge, particularly for Property and Specialty Lines of Business.
- Experienced user of internal and external vendor models, in a range of applications including portfolio and pricing, as well as internal deterministic scenario-based analyses
- Programming proficiency including but not limited to the SQL and R languages
- Experience building management reporting dashboards using market standard software such as PowerBI or Tableau
- An understanding of end-to-end underwriting processes and best practices to enhance profitability, data capture, efficiency, and compliance.
- Knowledge of Reinsurance structures and modelling best practices
- Demonstrated business, analytical, quantitative, and problem-solving skills.
- MetaRisk, ReMetrica, Igloo or similar DFA tool modelling experience desirable
Experience working with offshore teams desirable
Experience with Moodys IRP products desirable
#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.
Enjoy benefits that take care of what matters
At 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 world
American 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 inclusion
We’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.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [email protected].
Functional Area
RK - Risk
AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd
Job description provided by AIG.
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