At a Glance
- Tasks: Lead pricing for diverse insurance portfolios and support underwriters in developing profitable solutions.
- Company: Join AIG's Talbot, a global leader in insurance with a collaborative culture.
- 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 the insurance industry while networking with senior stakeholders.
- Qualifications: Qualified actuary with pricing experience and strong analytical skills.
The predicted salary is between 59400 - 72600 £ per year.
Join us as a Portfolio Solutions Pricing Actuary to take your career to the next level with a global market leader. Make your mark in Talbot Underwriting. Talbot operates within the Lloyd’s Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients’ evolving and often unique needs. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.
How you will create an impact: This is a fantastic role for a qualified actuary to join our team. You will lead the pricing of our Portfolio solutions division. You will have the opportunity to network with senior stakeholders across the business. The role will cover multiple classes and is a key role supporting Talbot’s strategic initiative.
- Work across opportunities that cover multi line propositions and support Underwriters to develop more profitable portfolios through:
- Pricing assessment of existing and new portfolio opportunities
- Regular monitoring of portfolio
- Assist in the collection and research of pricing data, and then in the development of analysis and reporting of pricing data.
- Evolve pricing standards as per market requirements (eg: Lloyds BPPF, consistency with AIG)
- Drive and embed pricing governance within the team (developing clear audit trails, setting governance priorities)
- Introduce new profitability studies which define how the team approaches planning going forwards for this segment
- Lead the business planning of the division and assist in parameterising the capital model
What you’ll need to succeed:
- Numerical degree
- Qualified Actuary
- Pricing experience within General Insurance
- Multiclass experience preferred
- Data manipulation and technical modelling skills
- Coding experience desirable
- Strong analytical skills
- Strong communicator
- Strong organisational skills with excellent attention to detail
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.
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.
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. 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.
Functional Area: AC - Actuarial
Summary Location: London Type: Full time
Portfolio Solutions Pricing Actuary employer: American International Group (AIG)
AIG is an exceptional employer that prioritises the growth and well-being of its employees, offering a comprehensive Total Rewards Program that supports health, financial security, and professional development. With a strong emphasis on in-person collaboration in London, AIG fosters a vibrant work culture that values diversity and inclusion, ensuring every team member feels respected and celebrated. Join us to be part of a forward-thinking team that is shaping the future of insurance through innovative technologies like Generative AI, while enjoying ample opportunities for career advancement and personal growth.
Contact Details:
American International Group (AIG) Recruitment Team
