Overview
As Catastrophe Research Manager, you will lead and develop AIG’s Catastrophe Research & Validation work across perils and regions. You’ll mentor a Bengaluru-based team and partner with Cat Modelling leaders to implement leading analytics and model development, shaping AIG’s view of risk worldwide. You’ll engage with senior management, regulators, and external partners to advance climate risk research and risk modelling. This role offers influence over enterprise risk practices and a path to transformational improvements in catastrophe modelling.
Pay / Benefits
- Total Rewards Program
- health, wellbeing and financial security benefits
- professional development opportunities
- in-person collaboration culture
- competitive compensation
- bonus eligibility
Responsibilities
- Lead Model Validation & Research for specific perils and regions, mentoring a team of researchers in Bengaluru
- Collaborate with Cat Modelling Leadership to evaluate models and standardise best practices
- Oversee end-to-end catastrophe model evaluation and define the AIG View of Risk
- Validate new and existing vendor models and propose adjustments to vendor views
- Implement model changes and upgrades in the modelling landscape
- Build relationships with reinsurance brokers and model vendors to benchmark risk views
- Contribute to climate-change impact studies and thought leadership on climate topics
- Engage regulators and participate in regulatory climate-risk discussions (PRA, Lloyd’s, Japan FSA, US State Regulators)
- Align risk view principles with ERM policies and document them clearly
- Support transformation efforts to modernise internal catastrophe modelling processes
- Collaborate with Risk Engineering, Product Office, Actuarial, Underwriting, ERM, and the Data Office to share insights
- Promote a culture of collaboration and inclusion across teams
Key requirements
- 6+ years of catastrophe research or model development experience, with hands-on RMS knowledge preferred
- PhD or Master’s degree in Climate Science, Natural Hazards, Applied Statistics, or related field
- Experience at an underwriting company or broker is a bonus
- Strong understanding of catastrophe modelling science and experience with model reviews/validation for stakeholders and regulators
- Deep knowledge of catastrophe models and their strengths/weaknesses
- Solid understanding of climate change impacts on insurance and ability to present research publicly
- Ability to communicate complex concepts to diverse audiences
- Excellent communication, presentation, and interpersonal skills
- Strong programming skills in R, Python, and SQL
- Base salary ranges for US states noted; eligible for bonus and comprehensive benefits
- Willingness to work primarily in-office for collaboration
- strong communication
- team leadership
- cross-functional collaboration
- R
- Python
- SQL
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