Catastrophe Modelling Analyst in London

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.

What you need to know:

• 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.

To help the Catastrophe Modelling team achieve its goals, with particular emphasis on the following areas:

• Risk Capture/Pricing – Insurance Classes

• To perform individual submission catastrophe modelling using third party catastrophe models ensuring data checks around accuracy and timeliness are completed to a high standard.
• To help underwriters understand and use the cat model output appropriately.
• To peer review pricing outputs produced by the team both in London and from our third-party outsourcing team generally ensuring data deliverables are accurate.
• To help advance the use of pricing models and to test, approve and communicate any new functionality.
• To 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.
• To maintain the portfolio, taking into account new, renewed, and expired policies.

• Generate internal management information including EP reports for the insurance and reinsurance classes to help with the internal monitoring of catastrophe exposures.
• To help conduct the quarterly modelling process which is used as the basis for the RDS returns, capital, reinsurance and other key external reports.
• To help generate model results and peripheral data for the Lloyd's Cat Model (LCM) return.
• To analyse Talbot's exposures and model results for other regulatory bodies and reinsurance markets as required.

• To keep abreast of all developments in the catastrophe modelling field and to conduct appropriate research, in close co-operation with the Research team.
• To assist in developing a more robust view of the models and components through analysis of catastrophe modelling data and back testing.
• To help assess the impact of any model changes on Talbot's accounts.
• To help implement model changes in a robust manner.

What you'll need to succeed:

• Science/Numerate degree (minimum 2:1)
• Strong IT skills especially Excel and SQL
• Attention to detail
• Analytical/ numerically literate
• Good problem solving skills
• Able to work as part of a team or independently
• Strong communication skills both written and oral
• Ability to multi-task and prioritise with limited guidance

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). 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.