At a Glance
- Tasks: Support reinsurance operations and manage claims processes in a dynamic environment.
- Company: Join AIG, a global leader in insurance solutions with a collaborative culture.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Why this job: Make a real impact in the insurance industry while growing your skills.
- Qualifications: Strong reinsurance knowledge, data analysis skills, and experience in the Lloyd's market.
- Other info: Inclusive culture that values diversity and promotes continuous learning.
The predicted salary is between 36000 - 60000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Reinsurance Analyst 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
Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs. Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.
How you will create an impact
The Senior Reinsurance Analyst supports the Reinsurance Operations Manager in all aspects of post purchase Reinsurance operations.
- Support Reinsurance Operations Manager data gathering and pack building process for Reinsurance placements
- Manage the claims booking process
- Manage the reinsurance facultative process
- Operate and process the reinsurance claim areas involvement in the month end process
- Operate and produce large loss Ultimate recoveries to the relevant RI programme for the reserving process
- Ensure accurate and timely advising of losses to reinsurers
- Monitor reinsurance collections to ensure prompt settlement
What we’re looking for:
- Strong reinsurance technical knowledge, data analysis and interpretation, communication skills, ability to manage a large workload to tight deadlines
- A good level of experience in Reinsurance
- Experience within the Lloyd’s market
- Knowledge of LORS, Insurance Portal and other Lloyds market systems
- Knowledge of Microsoft Office, i.e. Excel and Word
- Knowledge of Reinsurance contract types and use
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.
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.
Senior Reinsurance Analyst employer: American International Group
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reinsurance Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance and Lloyd's market. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge. Make sure you can discuss reinsurance concepts confidently and relate them to the role. Practise common interview questions and think of examples that showcase your skills and experience.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've used data analysis in past roles. Bring along any relevant reports or projects that highlight your ability to manage large workloads and meet tight deadlines.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Talbot and AIG. Let’s make this happen together!
We think you need these skills to ace Senior Reinsurance Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Reinsurance Analyst role. Highlight your reinsurance experience, especially within the Lloyd's market, and showcase your data analysis skills. We want to see how your background aligns with 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 reinsurance and how you can contribute to our team at Talbot. Be sure to mention any relevant projects or achievements that demonstrate your expertise.
Showcase Your Technical Skills: Don’t forget to highlight your technical knowledge, especially with tools like LORS and Microsoft Office. We’re keen on candidates who can manage data effectively, so make sure to mention any specific software or systems you’ve worked with.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at AIG!
How to prepare for a job interview at American International Group
✨Know Your Reinsurance Inside Out
Make sure you brush up on your reinsurance technical knowledge. Familiarise yourself with different contract types and the specific processes involved in claims booking and facultative reinsurance. This will not only help you answer questions confidently but also demonstrate your expertise to the interviewers.
✨Showcase Your Data Skills
Since the role involves data analysis and interpretation, be prepared to discuss your experience with data management tools, especially Microsoft Excel. You might even want to bring examples of how you've used data to drive decisions or improve processes in your previous roles.
✨Understand the Lloyd's Market
Having a solid understanding of the Lloyd's market is crucial for this position. Research Talbot’s operations within Syndicate 1183 and 2019, and be ready to discuss how your experience aligns with their business model and portfolio. This shows that you're genuinely interested in the company and its unique offerings.
✨Prepare Questions That Matter
Interviews are a two-way street, so prepare thoughtful questions about the team dynamics, company culture, and future projects. This not only shows your enthusiasm for the role but also helps you gauge if the company is the right fit for you.