Catastrophe Research Manager

About the role

Join us as a Catastrophe Research Manager to take your career to the next level with a global market leader. How You Will Create An Impact This role will be a manager on 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, you will support the implementation of industry leading analytics, research practices, and model development across the organisation.

Responsibilities

• Lead Model Validation & Research for specific perils and regions, managing and mentoring a team of research analysts/scientists based in Bengaluru, India
• Work with Cat Modelling Leadership to evaluate models, develop standardised best practices, and implement AIG’s view of risk worldwide
• Support end to end catastrophe model evaluation across the company:
• Define and implement the AIG View of Risk
• Validate new and existing vendor models
• Propose adjustments to vendor out of the box views
• Implement model change and upgrades
• Develop relationships with Reinsurance Broker and Model Vendor partners, and leverage their insights and experience to benchmark AIG’s own View of Risk
• Support AIG’s assessment of climate change and impacts to climate related perils worldwide, providing thought leadership on topics related to climate change and climate variability
• Support AIG’s climate change engagement with regulators such as the PRA, Lloyd’s, Japan FSA, and multiple State Regulators in the United States
• Closely collaborate with functions such as Risk Engineering, the Product Office, Actuarial, Underwriting, and ERM to share insights and best practices across the organisation
• Partner with the Data Office on strategic data initiatives, including supporting vendor/data provider capability assessments and contract reviews
• Drive a culture that promotes collaboration and accountability within a diverse and inclusive environment

Requirements

• 6+ years of experience in catastrophe research or model development, with hands on knowledge of RMS preferred
• PhD or Master’s degree in Climate Science, Natural Hazards, Applied Statistics, or a related subject
• Experience at an Underwriting Company or a Broker is a bonus
• Excellent understanding of the science of catastrophe modelling, and hands on experience writing model reviews and validation for internal stakeholders and regulators
• In-depth knowledge of catastrophe models including their strengths and weaknesses
• A thorough understanding of climate change and its impact on insurance, and demonstrated experience presenting and discussing catastrophe risk research in internal or external forums
• An ability to communicate technical concepts in a non-technical manner, to a wide range of audiences
• Excellent communication, presentation, and interpersonal skills
• Strong programming skills including R, Python, and SQL

Qualifications

• Not specified

Skills

• Not specified

Benefits

• For positions based in New York, the base salary range is $105,000-$148,000.
• For positions based in Illinois, the base salary range is $120,000-$150,000.
• For positions based in Massachusetts, the base salary range is $122,000-$150,000.
• 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.

Pay

• Not specified

Schedule

• Not specified