This position will be responsible for process delivery supporting and enhancing risk governance, underwriting risk, operational risk reporting and reviewing financial and underwriting risk models for AIG México reporting to Chief Risk Officer - Latin America and Caribbean that will be based in México.
**Responsibilities Include**:
Risk models Governance
Assist with the review of Financial and Underwriting Risk models:
Enhance and streamline risk model documentation
Committee Governance
Support the effective operation of the AIG México risk-governance processes
Writing papers for committee updates
Assist in the production of meeting packs
Attending committees and taking minutes
Reporting Deliverables
Support the execution of the ORSA process and documentation, drawing together contributions from different SMEs into a coherent document for approval by the Board
Support the annual risk review of the business plan and timely delivery of the report for approval by the Board
Help to coordinate reports from risk coordinators for the relevant committees
Ensure the risk-appetite framework is up-to-date and reflects current practices
Support AIG International Risk Management on various projects and initiatives as required
Perform ad-hoc requests to assist underwriting decision making
Support Stress Testing
Support the delivery of Solvency Testing
Propone ad-hoc stress tests as required for internal and external purposes e.g., Global AIG stresses,
Deliver support and guidance on current and emerging risk issues and contribute to the presentation of risk issues across the business
Operational Risk Governane
Deliver support and guidance to Risk Control and Self Assessment and operational risk event capture program
Support the operational risk event capture program
Support the maintenance and updates of the Risk Register,
and provide training where required
Assist with the effective communication and presentation of Operational risk Profile
Internal Control System
Assist Local Controller in planning and monitoring core processes and in identifying areas for support in workflows, systems, and reporting.
Support on current practices and procedures, presenting findings and making recommendations for improvements in processes and controls.
Conduct ongoing reviews of organization controls, operating procedures, and compliance with policies and regulations and make any necessary additions
Assist with the effective communication and presentation of internal control Profile
Experience & Qualifications Required
Actuary background
Strong experience of preparing high-quality analyses
Strong experience of drafting papers, with an ability to describe complex ideas in a simple way, including clear recommendations and conclusions
insurance sector, risk concepts and Solvency II requirements background.
**Knowledge and practical experience of**:
Developing and implementing ORSA processes
Designing and deploying risk-management tools including KRIs, Risk Reviews
Emerging Risk issues
Committee administration and minute taking
Operational Risk Management Processes
Risk Modelling (VaR, Expected Loss, Severity and Frecuency models)
Audit and compliance processes
Financial statement disclosures
Awareness of the uses and limitations of statistical approaches
Awareness of Solvency Capital Requirement (SCR)
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LI-AIG
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American International Group, Inc. (AIG) is a general 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.
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📌 Senior Risk Analyst (México)
🏢 Aig
📍 México