Senior Catastrophe Research Analyst

Senior Catastrophe Research AnalystJoin us as a Senior Catastrophe Research Analyst to take your career to the next level with a global market leader.Make your mark in Cat ModellingAIG’s model validation and research group consists of team members in the US & London, and an outsourced team in Bengaluru, India. The role will involve collaboration with this team, and with multiple external vendors (Moody’s, Verisk, KatRisk), as well internal teams building bespoke tools. The job holder will lead the review of and take ownership of specific peril region models as directed by the Head of Catastrophe Research & Validation.How you will create an impactThis role will be part of AIG’s Catastrophe Research & Validation Team. You will support the development of AIG’s internal view of risk for Natural Catastrophe, Terrorism, and other First Party Perils. Working with the Head of Catastrophe Research & Validation and other Cat Modelling Leaders, the job holder will support the implementation of industry leading analytics, research practices, and model development across the organisation.Some of the key responsibilities include:Lead innovative research on catastrophe risk, with a focus on peril regions most material to AIGSupport the development standardised best practices and view of risk strategySupport end to end catastrophe model evaluation across the company:Implementing AIG’s View of RiskValidating new and existing vendor modelsProposing adjustments to vendor out of the box viewsImplementing model change and upgradesSupport AIG’s assessment of climate change and impacts to climate related perils worldwideSupport climate change engagement with internal and external stakeholdersWork with Enterprise Risk Management partners to ensure views of risk are clearly documented and communicated in line with AIG’s model risk management policiesSupport short and medium term efforts to transform internal catastrophe modelling processClosely collaborate with functions such as Risk Engineering, Actuarial, Underwriting, and ERM to share insights and best practices across the organisationPartner with the Data Office on strategic data initiatives, including supporting vendor/data provider capability assessments and contract reviews.What you'll need to succeedPhD or Master’s degree in Climate Science, Natural Hazards, Applied Statistics, or a related subject3+ years of experience in catastrophe research or model development, experience using RMS is preferredExcellent understanding of the science of catastrophe modelling, and hands on experience writing model reviews and validationA knowledge of catastrophe models including their strengths and weaknesses, and demonstrated expertise in the science of one or more peril regionsAn understanding of climate change and its impact on insurance, and an interest in developing analytics and thought leadership in this areaA keen interest in the impact of modelling, on Underwriting decision makingAn ability to communicate technical concepts in a non-technical mannerExcellent communication, presentation, and interpersonal skillsStrong programming skills including R, Python, and SQLFor positions based in New York, the base salary range is $93,000-$110,000. For positions based in Illinois, the base salary range is $84,600-$107,600 . For positions based in Massachusetts, the base salary range is $90,000-$110,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.#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 mattersAt 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 worldAmerican 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 inclusionWe’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 View email address on click.appcast.io. Functional Area:AC - ActuarialAIG Europe S.A. (U.K. Service Branch) & American International Group UK LtdSummaryLocation: NY-New York; MA-Boston; PA-Philadelphia; IL-ChicagoType: Full time