At a Glance
- Tasks: Join our Risk team to tackle exciting challenges in insurance risk management.
- Company: Be part of AIG, a global leader in insurance solutions with a diverse culture.
- Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional growth.
- Other info: Collaborative culture with opportunities for continuous learning and development.
- Why this job: Make a real impact in a dynamic environment while advancing your career.
- Qualifications: Experience in insurance risk management or actuarial work; strong analytical and communication skills.
The predicted salary is between 55000 - 65000 € per year.
Join us as a Senior Insurance Risk Analyst to take your career to the next level with a global market leader.
With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicates 1183, 2019, 2478 and s2479 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, political risk, crisis management and property. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.
This is a fantastic role for someone from a quantitative risk background to join our Risk team in a role that offers a lot of variety and some interesting challenges. This role will support the Head of Insurance Risk and Insurance Risk Manager to provide oversight and challenge over all insurance risks, as well as supporting Internal Model validation activities.
Some of the key responsibilities include:
- Support the Head of Insurance Risk and Insurance Risk Manager to provide second line challenge of underwriting, reserving, pricing, exposure management, capital modelling and reinsurance;
- Support in performing risk assessments and deep dives for prescribed insurance risks, including the annual business plan review and underwriting business unit risk assessments;
- Input into risk appetite for insurance risks;
- Support the Head of Insurance Risk with the Internal Model validation activities for Talbot’s four syndicates;
- Execution of certain validation activities including planning and scoping and conducting validation tests;
- Input into Board and Regulatory Validation Reports and papers for other committees;
- Work with a range of risk, actuarial and finance professionals across Talbot to assist in the quantitative elements of the annual ORSA reports (e.g. forward-looking plan);
- Input into stress and scenario testing and reverse stress testing;
- Assist the Insurance Risk Manager and Head of Insurance Risk to deliver other aspects of the Risk Management plan as required (with the opportunity to be involved in topical / strategic projects);
- Keep up to date with Risk Management best practice and make recommendations for practical application in Talbot as relevant.
What you’ll need to succeed:
- Experience in insurance risk management, actuarial or capital modelling disciplines;
- Part-qualified actuary (completion of Core Principles exams preferred) or experience of actuarial work with other relevant professional qualification (e.g. CII);
- Strong problem-solving and decision-making abilities;
- Analytical skills and a good eye for detail;
- Excellent communication skills;
- A desire to proactively engage with the business and build strong working relationships;
- Proactive mentality with strong planning and organisation skills;
- Commercial awareness.
At 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.
At 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.
We’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 honoured 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 candidatecare@aig.com.
Senior Insurance Risk Analyst in London employer: AIG Insurance
At AIG, we pride ourselves on being a global leader in insurance solutions, offering a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is evident through our comprehensive Total Rewards Program, which prioritises health, wellbeing, and professional development, ensuring that our team members thrive both personally and professionally. With a culture of inclusion and a focus on continuous learning, Talbot provides an exceptional opportunity for Senior Insurance Risk Analysts to make a meaningful impact while advancing their careers in a supportive and diverse setting.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Risk Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Talbot or in the insurance risk field on LinkedIn. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your quantitative risk knowledge. Be ready to discuss real-world scenarios where you've tackled risk management challenges. Show us how you think!
✨Tip Number 3
Don’t just wait for job postings! Keep an eye on our website and apply directly. It shows initiative and gives you a better chance of standing out from the crowd.
✨Tip Number 4
Follow up after your interview with a thank-you email. Mention something specific from your conversation to remind them why you’re the perfect fit for the Senior Insurance Risk Analyst role!
We think you need these skills to ace Senior Insurance Risk Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Insurance Risk Analyst role. Highlight your experience in insurance risk management and any relevant qualifications, like being a part-qualified actuary. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your problem-solving skills and your proactive mentality – we love that!
Showcase Your Analytical Skills:Since this role involves a lot of analytical work, make sure to showcase your analytical skills in your application. Provide examples of how you've used these skills in past roles, especially in risk assessments or capital modelling.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at AIG Insurance
✨Know Your Numbers
As a Senior Insurance Risk Analyst, you'll need to demonstrate your quantitative skills. Brush up on key metrics and models relevant to insurance risk management. Be ready to discuss how you've applied these in past roles or projects.
✨Understand the Business
Familiarise yourself with Talbot's portfolio and the specific classes of business they underwrite. This knowledge will help you engage in meaningful discussions about risk assessment and management strategies during the interview.
✨Showcase Your Problem-Solving Skills
Prepare examples that highlight your analytical abilities and decision-making process. Think of situations where you identified risks and implemented solutions, especially in underwriting or capital modelling contexts.
✨Communicate Effectively
Strong communication is key in this role. Practice articulating complex ideas clearly and concisely. Be prepared to explain technical concepts in a way that non-specialists can understand, as collaboration with various teams will be essential.