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AIG
,
London, Greater London
Portfolio Reporting Manager, Risk Aggregation
Overview
Job Description
Functional Area: RK - Risk Estimated Travel Percentage (%): No Travel Relocation Provided: No AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd The AIG catastrophe risk modelling and exposure management operation is one of the largest in the industry, and employs over 100 professionals worldwide across multiple geographies. Day to day pricing and roll-up is carried out at our Centre of Excellence (CoE) in Bangalore, India, and our Corporate Catastrophe (CAT) Management Group and R&D Groups are based in New York and Philadelphia. Effective CAT exposure management is integral to the success of the business and our team of experienced catastrophe modellers and exposure managers play a critical role in managing our global risk appetite. The GI Aggregations group is responsible for monitoring CAT risk aggregation across all lines of business underwritten by AIG General Insurance. Primary responsibilities for the group 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 (CoE) in India, and our underwriting office colleagues. Duties: * Perform quarterly CAT risk aggregation and deliver insightful and actionable reporting to internal stakeholders * Lead continued development of a suite of reports for internal and external audiences, including the Underwriting Office, Business leadership, Regulators, and others * Support Corporate and unit level reinsurance purchases, and deliver quarterly CAT data to external partners * Assist in the development of global catastrophe capacity and appetite metrics, and the deployment of these across business units and geographies * Work with Enterprise Risk Management partners to respond to rating agency surveys, and regulatory filing requirements * Establish standardized best practices for exposure data capture across lines of business and geography, and assist in review efforts to ensure adherence * Support global CAT event response efforts for designated lines of business and geographies * Drive short and medium term efforts to transform internal CAT modelling process transformation initiatives * Lead internal GI CAT budgeting efforts across all lines of business for designated business and geographies * Support ongoing rebuild of the company's internal view of catastrophe risk, and influence development and execution of AIG's CAT risk management strategy Technical Skills and Expertise * 5+ Years of catastrophe modelling experience - preferably at a reinsurance broker, or in a treaty modelling capacity * Hands on and technical understanding of at least one vendor model (RMS preferred) * Strong analytical and problem solving skills * A grasp of core reinsurance concepts, as well as a strong business acumen or a desire to develop this * Excellent SQL skills are a requirement, an additional programming language (R/Python/VBA) would be a bonus * Experience with process and reporting automation in Excel is essential - experience with market reporting software (Microstrategy/Qlikview/Tableau/etc) would be a bonus * Excellent communication, presentation, and interpersonal skills * Effective time management skills and a willingness to work on multiple projects with multiple stakeholders, in a rapidly changing environment It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.