Capital Modeller

Location: Greater London

Capital Modeller page is loaded## Capital Modeller locations:
London time type:
Full time posted on:
Offre publiée aujourd'huijob requisition :
JR2506975

Join us as a Capital Modeller to take your career to the next level with a global market leader.
** Make your mark in Capital Modelling
** Economic Capital is of importance at AIG as it helps to quantify the trade-off between risk and return and informs risk-aware business decisions that support corporate objectives. At a group-wide level Economic Capital is used as part of use in capital and risk management, budgeting, strategy and pricing. At a legal entity level Economic Capital is the regulatory capital for UK, Europe and Talbot legal entities and is used to set the target capital levels for US, Canada, Bermuda and Japan.
** How you will create an impact
** This role is an excellent opportunity to join a forward-thinking team and business with a focus on update, reporting and use of Economic Capital Models.
* The Capital Modelling Risk Analyst would be responsible end-to-end processes in various risk areas, e.g. Insurance Risk, including Nat Cat, Man Made-Cat and Non-Cat risk, Market Risk, Credit Risk and Operational Risks.
* The modeler will lead on development of new processes or the overhaul of current processes to improve efficiency or regulatory compliance.
* 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 of volatility, capital allocation, technical pricing or reinsurance effectiveness.  Support to business partners in ERM would relate to review of capital plans, stress testing, risk appetite, risk reporting or the ORSA.
* Working with Subject Matter Experts from other areas of the model to meet timelines in the delivery of model updates, changes, documentation and capital solutions for quarterly model reporting, Major Model Changes and other regulatory filings.
* Ensure logs, reports and documentation such as the Technical Issues log/Expert Judgement Log, Sensitivity Testing Report and Model documentation are maintained and available for use/review by both internal and external parties.
* Coordinate ongoing quality assurance and checking and support the independent validation reviews of model.
* Coach junior staff, including regular review of their work
** What you'll need to succeed:
*** Qualified Actuary or MSc in a quantitative field or equivalent preferred.
* 5+ years of experience in General Insurance capital modelling, pricing or reserving.
* Experience of using with statistical programming languages, such as R or Python.  Experience using and coding in WTW Igloo for capital modelling is a plus.
* Good communication skills, both written and verbal.
* Excellent critical thinking and problem-solving skills
* Ability to work under own initiative and show flexibility to meet business needs
* Professional behaviour with high level of integrity.#LI-AIGAt 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…