At a Glance
- Tasks: Lead a team in capital modelling and regulatory reporting to drive impactful decision-making.
- Company: Join AIG, a global leader in insurance with a focus on innovation.
- Benefits: Comprehensive benefits package for health, wellbeing, and professional growth.
- Other info: Inclusive workplace committed to equal opportunities and supporting diverse talent.
- Why this job: Make a real impact in a dynamic environment while advancing your actuarial career.
- Qualifications: Qualified Actuary with experience in capital modelling and strong problem-solving skills.
The predicted salary is between 60000 - 80000 € per year.
Join us as a Capital Modelling Actuary Manager to take your career to the next level with a global market leader.
How You Will Create An Impact
You will be the manager of a Capital Modelling team responsible for maintaining the Talbot internal model to enable an efficient and timely delivery of the assessment, aggregation, and reporting of all quantifiable risks to inform decision making as well as to meet regulatory requirements.
Key Responsibilities
- Accountable for the delivery of the S2478 Solvency UK/Lloyd’s regulatory capital reporting requirements. This includes, but is not limited to, the SCR submissions to Lloyd’s (i.e. LCR forms and all other associated returns), application of the Internal Model Change Policy for model updates and the production of the annual PRA Internal Model Output ("IMO") and standard formula submissions to Lloyd’s.
- Internal Model development: Leading the development of business related functionality and outputs that will support the business. Developments are conducted in line with the Internal Model Change Policy.
- Business planning process and group strategic initiatives – leading/conducting analysis and investigations as they may arise, producing and presenting analysis to senior management.
- To support effective Internal Model governance and to produce/present internal model analysis/documentation to senior management and the Internal Model Governance Committee.
- Promote the use and understanding of the Internal Model and its outputs within the business.
- Collaborate with teams across the syndicate to ensure the Internal Model adequately reflects the latest view of the syndicate risk profile and to contribute to the validation of the Internal Model.
- Identifying and documenting Internal Model Limitations in line with Internal Model Limitations Statement of Operating Practice.
What You’ll Need To Succeed
- Qualified Actuary
- Lloyd’s insurance related work experience in capital modelling or a mixed actuarial role
- Strong Igloo skills required
- Quantitative background is necessary
- Enjoys investigating and solving problems
- Excellent communication skills, both written and oral
- People management experience
Benefits
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.
Equal Opportunity
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.
Capital Modelling Actuary Manager in London employer: AIG
At AIG, we pride ourselves on being a global leader in the insurance industry, offering our employees a dynamic work environment that fosters growth and innovation. As a Capital Modelling Actuary Manager, you will benefit from our comprehensive Total Rewards Program, which prioritises your health, wellbeing, and professional development, ensuring you have the support needed to thrive in your career. Our inclusive culture encourages collaboration and empowers you to make a meaningful impact while working alongside talented professionals in a vibrant location.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modelling Actuary Manager in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method to structure your answers – it helps you showcase your skills and experiences effectively. Remember, confidence is key!
✨Showcase Your Skills
Create a portfolio or a presentation that highlights your achievements and projects related to capital modelling. This gives you a chance to demonstrate your expertise and makes you stand out from the crowd. We love seeing creativity in action!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we often have exclusive roles listed there that you won’t find anywhere else.
We think you need these skills to ace Capital Modelling Actuary Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Capital Modelling Actuary Manager role. Highlight your relevant experience in capital modelling and any specific projects that showcase your skills in regulatory reporting and internal model development.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your qualifications, your passion for actuarial work, and how you can contribute to the team at AIG.
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects your ability to convey complex ideas clearly. Use straightforward language and structure your documents well to demonstrate your written communication prowess.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team!
How to prepare for a job interview at AIG
✨Know Your Numbers
As a Capital Modelling Actuary Manager, you'll need to demonstrate your quantitative skills. Brush up on key metrics and regulatory requirements like SCR submissions and the Internal Model Change Policy. Being able to discuss these confidently will show that you’re not just familiar with the concepts but can also apply them effectively.
✨Showcase Your Leadership Skills
Since this role involves managing a team, be prepared to share examples of your people management experience. Think about times when you've led a project or mentored a colleague. Highlighting your ability to inspire and guide others will resonate well with interviewers looking for a strong leader.
✨Communicate Clearly
Excellent communication skills are a must for this position. Practice explaining complex actuarial concepts in simple terms. You might be asked to present analysis to senior management, so being articulate and concise will set you apart from other candidates.
✨Collaborate and Connect
This role requires collaboration across teams, so think about how you’ve worked with others in the past. Be ready to discuss specific instances where you’ve successfully partnered with different departments to achieve a common goal. This will demonstrate your ability to promote understanding and use of the Internal Model within the business.
