At a Glance
- Tasks: Join our Risk team to analyse and manage insurance risks with a global leader.
- Company: AIG, a top player in commercial and personal insurance solutions.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Inclusive culture that values diversity and offers excellent career growth opportunities.
- Why this job: Make a real impact in risk management while collaborating with industry experts.
- Qualifications: Experience in insurance risk management or actuarial work; strong analytical 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.
About Talbot
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.
How You Will Create An Impact
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.
Key Responsibilities
- 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.
Enjoy Benefits That Take Care Of What Matters
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.
Reimagining Insurance to Make a Bigger Difference to the World
American International Group, Inc. (AIG) is a global 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. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
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. Our talent is one of AIG’s greatest assets, and we are honored 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 need a reasonable accommodation, please send an email to candidatecare@aig.com.
Functional Area RK – Risk – Talbot Underwriting Services Ltd (TS1)
Ready to take your career to the next level? We would love to hear from you. 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.
Senior Insurance Risk Analyst employer: AIG
At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration. Our comprehensive Total Rewards Program ensures that our employees' health, wellbeing, and financial security are prioritised, while our commitment to inclusion and continuous learning creates a supportive culture where every individual can thrive. Join us in London as a Senior Insurance Risk Analyst and be part of a global leader dedicated to making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and risk management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Talbot and its syndicates. Understand their approach to risk management and think about how your skills can contribute. Tailor your responses to show you’re not just a fit for the role, but also for their culture.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in quantitative risk and how it aligns with the responsibilities of the Senior Insurance Risk Analyst role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Talbot.
We think you need these skills to ace Senior Insurance Risk Analyst
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 analytical skills and problem-solving abilities – they’re key for us!
Showcase Your Communication Skills:Since excellent communication is crucial for this position, make sure your application reflects that. Use clear and concise language, and don’t hesitate to share examples of how you've effectively communicated complex ideas in the past.
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 candidates who take the initiative to engage with us directly!
How to prepare for a job interview at AIG
✨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 prepared to discuss how you've applied these in past roles.
✨Showcase Your Problem-Solving Skills
Expect questions that assess your analytical abilities. Prepare examples of complex problems you've solved in previous positions, particularly those related to underwriting or capital modelling. Use the STAR method to structure your responses.
✨Communicate Clearly
Strong communication is crucial in this role. Practice explaining technical concepts in simple terms, as you may need to present findings to non-technical stakeholders. Consider doing mock interviews with friends to refine your delivery.
✨Engage with the Business
Demonstrate your proactive mentality by discussing how you've built relationships across teams in previous roles. Be ready to share examples of how you've collaborated with actuarial or finance professionals to enhance risk management practices.
