At a Glance
- Tasks: Join our Risk team to analyse and manage insurance risks while collaborating with industry experts.
- Company: AIG, a global leader in insurance solutions with a culture of inclusion.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Opportunities for continuous learning and involvement in strategic projects.
- Why this job: Make a real impact in risk management and develop 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 60000 - 80000 £ 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, 2478 and s2479 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. This role will support the Head of Insurance Risk and Insurance Risk Manager to provide oversight and challenge over all insurance risks, as well as supporting Internal Model validation activities.
Some of the key responsibilities include:
- Support the Head of Insurance Risk and Insurance Risk Manager to provide second line challenge of underwriting, reserving, pricing, exposure management, capital modelling and reinsurance;
- Support in performing risk assessments and deep dives for prescribed insurance risks, including the annual business plan review and underwriting business unit risk assessments;
- Input into risk appetite for insurance risks;
- Support the Head of Insurance Risk with the Internal Model validation activities for Talbot’s four syndicates;
- Execution of certain validation activities including planning and scoping and conducting validation tests;
- Input into Board and Regulatory Validation Reports and papers for other committees;
- Work with a range of risk, actuarial and finance professionals across Talbot to 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;
- To assist the Insurance Risk Manager and Head of Insurance Risk to deliver other aspects of the Risk Management plan as required (with the opportunity to be involved in topical / strategic projects);
- To 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 other 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.
Ready to take your career to the next level? We would love to hear from you.
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.
Senior Insurance Risk Analyst in London employer: American International Group
At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where collaboration and innovation thrive. Our comprehensive Total Rewards Program ensures that our employees' health, wellbeing, and professional development are prioritised, while our commitment to inclusion fosters a culture where every individual is valued. Join us to not only advance your career as a Senior Insurance Risk Analyst but also to be part of a team that makes a meaningful impact in the insurance industry.
Contact Details:
American International Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Risk Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like American International Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like American International Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
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.
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. 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
✨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 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, 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'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.