ERM Risk Analyst

AIG

  • London
  • Permanent
  • Full-time
  • 21 days ago
Join us an ERM Risk Analyst to take your career to the next level with a global market leader.Make your mark in Enterprise Risk ManagementThe Enterprise Risk Management (ERM) team partners with leaders from across the AIG organization to inform strategic decision-making and to facilitate informed risk-taking that drives profitable growth. ERM ensures we have the right tools, processes and systems in place to identify, measure and manage our risks. As an ERM colleague, you can enhance your commercial acumen by helping to shape and support our approach to risk.How you will create an impact:This is a fantastic role for someone with a couple of years of risk experience, who wants to broaden their risk skills and competence within a market leading commercial insurer. This is a great opportunity to build your product and operational knowledge, whilst gaining exposure to interesting and evolving areas of risk and the senior leaders who manage them.Some of the key responsibilities include:
  • Support the ERM Business Partner in delivering the UK Operational Risk Framework, including AIG UK’s Risk Event Capture and Analysis Programme.
  • Help to coordinate inputs from subject matter experts across the AIG business to deliver ERM objectives, including the annual Risk Review of the Business Plan, ORSA, UK Climate Risk Plan, Emerging Risks Reporting, and Stress Testing.
  • Support the effective operation of the AIG UK risk governance process through assisting with the production of Executive and Board Risk Committee packs and minute taking.
  • Prepare draft reports, presentations, and contributions for key ERM reports.
  • Support UK ERM’s engagement with UK Heads of Underwriting and Heads of Business Functions, ensuring substantive decisions and actions from meetings are documented and circulated to attendees in a timely manner.
  • Support the delivery of AIG UK’s Stress and Scenario Testing, including Solvency & Capital Stress Testing, Target Capital Stress Testing, Reverse Stress Testing and ad-hoc stress tests as required for internal and external purposes.
  • Support the Operational Risk scenario calibration process, including preparation for and attendance at scenario workshops
  • Support the update of AIG UK’s Risk Appetite framework and update of AIG UK’s Risk Register
  • Support the wider deliverables of the ERM team e.g., assisting with the Internal Model Validation processes, assisting with regulator required reports and responses.
What you’ll need to succeed
  • Experience in a risk role within financial services or another regulated industry
  • Experience of preparing summaries of in-depth reports and quantitative measures
  • Experience of using risk-assessment tools including MI, KRIs and Risk Reviews
  • Experience of committee administration, including preparing draft reports and minute taking
  • An inquisitive mind-set and a strong desire to learn
#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 .Functional Area: RK - RiskAIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd

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