Capital Modelling Analyst at AIG

London, England, United Kingdom

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Actuarial student with up to 3 years’ experience – Working towards or close to Associate level
Up to 3 years’ general insurance work experience, ideally with some capital modelling experience
Good working knowledge of Excel, Word and PowerPoint
Capital modelling platform experience desirable (Igloo in particular)
Enjoys investigating and solving problems
Good communication skills, both written and oral

Responsibilities

Maintaining the Talbot internal model to enable efficient and timely delivery of the assessment, aggregation and reporting of all quantifiable risks
Using the model in the business, for example to support the business planning process
Conducting regulatory SCR analysis and production of regulatory submissions to Lloyd’s
Promoting the use and understanding of the internal model and its outputs within the business

Skills

Key technologies and capabilities for this role

ExcelWordPowerPointIglooCapital ModellingActuarial AnalysisRisk AggregationRegulatory ReportingLloyd’s SCR

Questions & Answers

Common questions about this position

What experience level is required for the Capital Modelling Analyst role?

The role requires an actuarial student with up to 3 years’ experience, working towards or close to Associate level, and up to 3 years’ general insurance work experience, ideally with some capital modelling experience.

What is the work arrangement or location policy for this position?

AIG values in-person collaboration and asks team members to be primarily in the office to support effective teamwork and a connected environment.

What technical skills are needed for this role?

Candidates need a good working knowledge of Excel, Word, and PowerPoint, with capital modelling platform experience desirable, particularly Igloo.

What benefits does AIG offer?

AIG provides a comprehensive Total Rewards Program that includes benefits focused on health, wellbeing, financial security, and professional development for employees and their families.

What soft skills or qualities make a strong candidate for this position?

Strong candidates enjoy investigating and solving problems and have good communication skills, both written and oral.

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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