At a Glance
- Tasks: Collaborate with teams to ensure compliance and enhance customer experience in insurance products.
- Company: Join AIG, a global leader in innovative insurance solutions.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Why this job: Make a real impact in transforming the insurance industry while growing your skills.
- Qualifications: Experience in customer-facing roles and knowledge of regulatory compliance required.
- Other info: Inclusive culture that values diversity and supports continuous learning.
The predicted salary is between 36000 - 60000 £ per year.
Join us as a Conduct Risk, Product and Regulatory Controls Specialist in our Underwriting Management team to make a bigger business impact with your skills and wider talents. At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Make your mark in Talbot
With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicate 1183 at Lloyd's. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. 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
- Working and collaborating with but not limited to, the Underwriting Management team, Legal & Compliance, DUA, Claims and Underwriting Teams to create and maintain a robust review process for all Products within Regulatory scope.
- Coordinating activities, including any projects, training sessions, external meetings across Talbot to ensure we interpret, understand and meet all Regulatory requirements in relation to Product Oversight, Governance and Conduct Risk.
- Working with Underwriting teams to provide "Product Walkthrough" reviews, involving external parties such as Brokers and Coverholders (as appropriate). Thereby providing assessment, guidance and challenge to demonstrate that we fully meet our Regulatory obligations and our commitment to putting the customer at the heart of its operations.
- Identify and remediate any gaps in Talbot's Product Governance framework.
- Produce metrics and reports for governance forums and regulators to assist monitoring and evidencing of appropriate oversight. Driving improvements in the treatment of customers and the products we offer.
- Communicating the status of Talbot's Product Oversight to a variety of internal & external stakeholders, including regulatory returns.
- Presenting at high profile Senior Management meetings, inc. chairing internal forums under the formal governance structure. Attending meetings with regulators (inc. Lloyd's).
What you’ll need to succeed
- Strong background / experience in customer facing roles, with a commitment to improving the customer experience.
- Knowledge/experience interacting with senior management, Boards and Regulators as necessary.
- Experience using data analytics to help develop metrics/dashboards to drive better decision making.
- Regulatory/Compliance background with good knowledge of current relevant regulations, risks and requirements (FCA/PRA, Lloyd's).
- Experience and knowledge of the insurance market, including the sale of retail products - Lloyd's market experience an advantage.
- Background or knowledge of wider compliance activities in the insurance market that may impact Product Governance.
- Ability to build rapport & credibility with stakeholders.
- Drive change using a flexible/adaptable approach - challenging existing practices and tackling issues.
- Diligent, analytical and tenacious individual.
- Excellent communication and presentation skills, with the ability to communicate complex and potentially difficult topics clearly and concisely.
- Experience of staff training and development with the ability to create, design and deliver training materials.
- Commercial acumen.
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. The talent of our people 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 believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Conduct Risk, Product and Regulatory Controls Specialist in London employer: American International Group
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Conduct Risk, Product and Regulatory Controls Specialist in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. Focus on articulating your experience in customer-facing roles and how it relates to improving customer experience.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Conduct Risk, Product and Regulatory Controls Specialist in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Conduct Risk, Product and Regulatory Controls Specialist role. Highlight your relevant experience and skills that align with the job description, especially your background in customer-facing roles and regulatory compliance.
Showcase Your Communication Skills: Since this role involves presenting to senior management and communicating with various stakeholders, it’s crucial to demonstrate your excellent communication skills. Use clear and concise language in your application to reflect this ability.
Highlight Your Analytical Skills: Don’t forget to mention your experience with data analytics and how it has helped you drive better decision-making. This is a key aspect of the role, so providing specific examples will make your application stand out.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at American International Group
✨Know Your Regulations
Familiarise yourself with the current regulations relevant to the role, such as FCA/PRA guidelines. Being able to discuss these confidently will show your commitment to compliance and your understanding of the regulatory landscape.
✨Showcase Your Customer Focus
Prepare examples from your past experiences that highlight your dedication to improving customer experience. This could involve discussing how you've handled customer feedback or implemented changes based on customer needs.
✨Data-Driven Decision Making
Be ready to talk about how you've used data analytics in previous roles. Bring specific examples of metrics or dashboards you've developed that led to better decision-making, especially in a regulatory context.
✨Engage with Stakeholders
Think of ways you've built rapport with senior management or regulators in the past. Prepare to discuss how you can effectively communicate complex topics clearly and concisely, as this will be crucial in your role.