At a Glance
- Tasks: Support pricing and underwriter teams with catastrophe modelling and data accuracy.
- Company: Join Talbot, a leading international insurer in the Lloyd’s market.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make an impact in risk management while working with cutting-edge catastrophe models.
- Qualifications: Strong analytical skills and a passion for data-driven decision making.
- Other info: Dynamic team atmosphere with global collaboration across London, New York, and Singapore.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Talbot is an international insurer and reinsurer operating within the Lloyd’s market through Syndicates 1183 and 2019. We have been part of AIG since 2018 and our ambition is to be AIG’s Centre of Excellence at Lloyd’s. Headquartered in London, Talbot has offices in New York and Singapore and over 300 people working across these three locations.
Make Your Mark
Syndicate 1183 underwrites multiple classes of business including Political Violence/Terrorism, Marine, Energy (off‑shore and on‑shore), Marine and Energy Liability, Hull, Cargo and Specie, Political Risk, Property, Accident and Health, Financial Lines, Cyber, Alternative Risks, Non‑Physical Cyber and Treaty Reinsurance. Syndicate 2019 reinsures premium written by AIG’s Private Client Group, covering Homeowners, Auto, General Specie and other products.
Responsibilities
- To assist generally in the efficient running and management of the business, with particular focus on pricing and underwriter support.
- To advance a greater awareness and understanding of the catastrophe models within the underwriting teams and the rest of the business.
- To liaise closely with the Research team to ensure that a consistent approach to cat modelling is taken across the group.
- To help ensure the framework within which third‑party catastrophe models are operated is robust.
- To help to achieve minimum standards of data capture.
- Perform individual submission catastrophe modelling using third‑party catastrophe models ensuring data checks around accuracy and timeliness are completed to a high standard.
- Help underwriters understand and use the cat model output appropriately.
- Peer‑review pricing outputs produced by the team both in London and from our third‑party outsourcing team, generally ensuring data deliverables are accurate.
- Help advance the use of pricing models and to test, approve and communicate any new functionality.
- Liaise with internal and external data teams to ensure all modelled policies are captured, that the data is up to date, and data interpretations are accurate.
- Maintain the portfolio.
Catastrophe Modelling Analyst in London employer: AIG
Contact Detail:
AIG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Modelling Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Talbot or similar firms. A casual chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your catastrophe modelling knowledge. Be ready to discuss how you can contribute to pricing and underwriter support, as well as your understanding of third-party models.
✨Tip Number 3
Showcase your analytical skills! Bring examples of past projects where you’ve successfully used data to drive decisions. This will help you stand out as someone who can maintain high standards of data capture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Catastrophe Modelling Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Catastrophe Modelling Analyst role. Highlight relevant experience and skills that match the job description, especially in pricing and data management.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about catastrophe modelling and how your background makes you a great fit for our team at Talbot.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, be sure to showcase any analytical projects or experiences you've had. We want to see how you approach problem-solving and data interpretation.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at AIG
✨Know Your Catastrophe Models
Make sure you brush up on the specific catastrophe models relevant to the role. Understand how they work and be ready to discuss their applications in pricing and underwriting. This will show your potential employer that you're not just familiar with the theory but can also apply it practically.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical skills during the interview. Bring examples of past projects where you've used data analysis to influence decision-making. This could involve discussing how you’ve improved data accuracy or contributed to better pricing strategies.
✨Understand the Business Context
Familiarise yourself with Talbot's position within the Lloyd’s market and its relationship with AIG. Being able to articulate how your role as a Catastrophe Modelling Analyst fits into the bigger picture will impress the interviewers and show that you’re genuinely interested in the company.
✨Prepare Questions for Them
Have a few insightful questions ready to ask at the end of your interview. This could be about their approach to catastrophe modelling or how they see the role evolving. It shows that you’re engaged and thinking critically about your potential future with them.