Senior Catastrophe Risk Analyst
American International Group, Inc.
Chicago, IL, U.S.
Full-time, Regular
Posted Sep 07, 2025
Full-time
Compensation
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About the role
The primary responsibility for the individual in this role is to be the catastrophe modelling business partner for AIG’s Retail Property business, and other select portfolios in North America
Responsibilities
- Own the relationship between the catastrophe modelling team and the Retail Property Underwriting team
- Lead the quarterly portfolio roll-up and reporting operations for select North American Commercial, and Specialty portfolios
- Work closely with actuarial, claims, and other functions, integrating catastrophe modelling insights into day-to-day business, and portfolio optimization strategies
- Carry out other modelling business activities including event response, business planning, budgeting, profit studies, portfolio optimization, reinsurance purchasing, and other exercises where catastrophe risk inputs are required
- Support internal partners as needed to respond to rating agency surveys, regulatory filing, data calls and other ad-hoc reporting, for various U.S. state and national insurance regulatory bodies
- Be a best practices expert for Underwriting Teams, the CoE, and operational groups across the company
- Proactively review and propose new or changes to, and play a key role in developing our systems, processes, and strategies
- Continuously engage with the wider Catastrophe Risk Management & Underwriting Analytics teams, supporting ad-hoc analytics projects and contributing to wider analytics initiatives
Requirements
- 5+ Years of catastrophe portfolio modelling experience, preferably using RMS and/or AIR
- Bachelors Degree required
- Excellent analytical and problem solving skills
- A strong understanding of property insurance and reinsurance
- Progress towards industry qualifications (e.g. CPCU) would be a bonus
- A high degree of attention to detail and an ability to manage multiple global projects with competing priorities
- Excellent SQL skills and an understanding of data back-end schema is a must
- Technical proficiency in and additional programming language such as R or Python would be a bonus
- An ability to communicate technical concepts in a non-technical manner, to a wide range of audiences
- Excellent communication, presentation, and interpersonal skills
Benefits
- Competitive salary
- Bonus opportunities
- Health insurance
- 401(k) matching
- Flight privileges
- Volunteer Time Off and Matching Grants Programs
About the Company
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions
Job Details
Salary Range
$84,000 - $111,500/yearly
Location
Chicago, IL, U.S.
Employment Type
Full-time, Regular
Original Posting
View on company website