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About AIG
AIG is a leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property casualty networks of any insurer. AIG is an international organization in every sense of the word, going back to the company’s roots in Shanghai in 1919 and continuing to this day with one of the largest insurance networks in the world, with more than 85 million clients across four major areas. The property-casualty business counts 98 percent of the Fortune 500 among its clients and the life and retirement business includes market leading products in fixed and variable annuity sales, individual term and universal life insurance, and defined contribution retirement plans for educators. United Guaranty is the number one provider of mortgage insurance in the United States. In addition, the company’s global functions employ the best and the brightest in areas such as asset management, marketing and communications, legal, human resources, finance, and IT. The firm employs approximately 57,000 people working around the world generating $64 billion in revenue, with nearly 30 percent of revenue coming from outside the U.S. and Canada.

Job Highlights
  The role will perform portfolio modeling, catastrophe response and model investigations and operate within the Analytics Group of the CoE. It will report into a Cat Portfolio Team Leader

Key responsibilities include:
  Providing insurance account data entry, enhancement, coding and modeling support to underwriting and regional catastrophe teams globally Processing submission data files within stipulated time frames by entering them into account modeling systems, translating and coding to model recognizable format(s), and assessing and correcting location addresses and geocoding Modeling accounts to estimate catastrophe losses from all perils using multiple catastrophe models Providing catastrophe modeling results to support the pricing and underwriting process Modeling one or more different policy structures per account, and multiple options as requested by the underwriter

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Technical Skills and Competencies:
     Individual with a bachelor degree, who is proficient with MS Office and internet based research. Prior experience in insurance data management and account modeling will be a big plus but is not required knowledge of insurance is desirable, but not essential must demonstrate oral and written communication skills along with analytical and logical thinking skills Candidate must be organized, self motivated and willing to learn more about the basics of commercial and/or energy insurance, underwriting processes, insurance coverage terms and conditions, and catastrophe modeling for underwriting.

AIG seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative and interpersonal skills and are enthusiastic about and committed to the insurance industry. The ideal candidates will be bold thinkers with an entrepreneurial bent, and a powerful blend of IQ (technical skills, consistent learning, statistical & financial acumen) and EQ (adaptive communication, empathy, honesty, listening skills and humility).

Successful candidates typically have a global perspective and a team-oriented track-record. . Locations AIG Risk Engineering Trainees are located in our newly formed Analytics Center in Bangalore. Our Analytics Center of Excellence is a wholly owned part of AIG and not affiliated with AIG/Tata in Mumbai. India.We also look for a diverse background of experience. culture and thought.