At a Glance
- Tasks: Join our risk team to validate models and prepare key reports.
- Company: Talbot, a global leader in insurance and reinsurance.
- Benefits: Competitive salary, diverse work environment, and career growth opportunities.
- Why this job: Make an impact in a dynamic role with varied challenges.
- Qualifications: Experience in insurance risk management or actuarial disciplines required.
- Other info: Collaborate with senior stakeholders and enhance your professional network.
The predicted salary is between 43200 - 72000 £ per year.
Join us as a Senior Insurance Risk Analyst to take your career to the next level with a global market leader.
Make your mark in Talbot
With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicates 1183, 2019 and 2478 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. You will gain a breadth of experience and will interact with senior stakeholders across the business.
Some of the key responsibilities include:
- Support the Head of Insurance Risk with the periodic validation of the Syndicate 1183, 2019 and 2478 Internal Models
- Execution of certain validation activities including planning and scoping, conducting validation tests and maintaining the validation findings log
- Preparation of the Board and Regulatory Validation Reports and papers for other committees
- Support the Head of Insurance Risk and Chief Actuary in the production and submission of the annual Actuarial Function Board Opinions and Regulatory Reports on Technical Provisions, Underwriting Policy, Reinsurance Arrangements and Risk Management in line with the requirements of Solvency II and Lloyd\’s Minimum Standards
- Work with a range of risk, actuarial and finance professionals across Talbot to assist in the production of the Own Risk and Solvency Assessment (\”ORSA\”) Report
- Assist in the development and completion of stress and scenario testing analysis, including the forward-looking plan in the ORSA Report
- Support the Head of Insurance Risk in performing risk assessments and deep dives for prescribed insurance risks, including the annual business plan review and underwriting business unit risk assessments
- Assist in the guardianship of the Risk Register, including control effectiveness, and all other documentation relating to the Risk Management Framework
- Actively liaise with all Talbot business areas to establish, support and maintain business relationships and organisational effectiveness
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 written and verbal communication skills
- Enthusiastic, with strong relationship building and stakeholder management skills
- Proactive mentality with strong planning and organisation skills
- Commercial awareness
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.
#J-18808-Ljbffr
Senior Insurance Risk Analyst employer: American International Group, Inc.
Contact Detail:
American International Group, Inc. Recruiting Team
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 professionals in the insurance risk field on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching Talbot and its Syndicates. Understand their business model and recent developments so you can impress with your knowledge and enthusiasm.
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've tackled complex problems in the past, especially those related to risk management or actuarial work.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you're serious about joining the 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. 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 you can contribute to our team at Talbot. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role involves a lot of analytical work, make sure to showcase your problem-solving abilities and attention to detail in your application. We want to know how you've tackled challenges in the past!
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’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at American International Group, Inc.
✨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 or projects.
✨Understand the Business
Familiarise yourself with Talbot's operations and the specific syndicates you'll be working with. Knowing the ins and outs of their underwriting processes and risk management frameworks will show that you're genuinely interested and ready to contribute.
✨Prepare for Scenario Questions
Expect questions that test your problem-solving abilities. Prepare examples of how you've handled risk assessments or validation activities in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
✨Build Rapport with Stakeholders
Since this role involves liaising with various teams, think about how you can showcase your relationship-building skills. Have examples ready of how you've successfully collaborated with different departments or stakeholders in previous positions.