At a Glance
- Tasks: Analyse insurance risks and support key decision-making processes in a global market leader.
- Company: Join AIG, a top player in the insurance industry with a commitment to diversity.
- Benefits: Enjoy a comprehensive rewards programme, health benefits, and professional development opportunities.
- Other info: Proactive culture with opportunities for growth and collaboration.
- Why this job: Make a real impact in risk management while advancing your career in a dynamic environment.
- 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.
How you will create an impact
This role supports the Head of Insurance Risk and Insurance Risk Manager by providing second line challenge of underwriting, reserving, pricing, exposure management, capital modelling, and reinsurance. It also supports Internal Model validation activities for Talbot’s four syndicates and assists with quantitative elements of the annual ORSA reports.
Responsibilities
- Provide second line challenge of underwriting, reserving, pricing, exposure management, capital modelling and reinsurance.
- Perform risk assessments and deep dives for prescribed insurance risks, including the annual business plan review and underwriting business unit risk assessments.
- Contribute to risk appetite for insurance risks.
- Support Internal Model validation activities for Talbot's four syndicates.
- Execute validation activities including planning, scoping, and conducting validation tests.
- Contribute to Board and Regulatory Validation Reports and papers for other committees.
- 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.
- 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 another 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.
Benefits
We offer a comprehensive Total Rewards Program that extends beyond time spent at work to include health, wellbeing and financial security benefits, as well as professional development opportunities.
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. If you believe you need a reasonable accommodation, please send an email to.
Senior Insurance Risk Analyst in London employer: American International Group, Inc.
At AIG, we pride ourselves on being a global market leader that fosters a dynamic and inclusive work environment. As a Senior Insurance Risk Analyst, you will benefit from our comprehensive Total Rewards Program, which prioritises your health, wellbeing, and professional development. With a strong emphasis on employee growth and collaboration, you'll have the opportunity to engage with industry experts and contribute meaningfully to our risk management strategies in a supportive and innovative culture.
Contact Details:
American International Group, Inc. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Risk Analyst in London
✨Dive Into Industry Networking Events
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We think you need these skills to ace Senior Insurance Risk Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at American International Group, Inc..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at American International Group, Inc.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at American International Group, Inc.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at American International Group, Inc. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at American International Group, Inc., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding American International Group, Inc.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
