Senior Insurance Risk Analyst in London

Senior Insurance Risk Analyst in London

London Full-Time 55000 - 65000 £ / year (est.) No working from home possible
Dormont Manufacturing Co

At a Glance

  • Tasks: Join our Risk team to analyse and manage insurance risks across diverse portfolios.
  • Company: Talbot, a global leader in insurance and reinsurance with a collaborative culture.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Dynamic role with opportunities for strategic projects and career growth.
  • Why this job: Make a real impact in risk management while working with industry experts.
  • Qualifications: Experience in insurance risk management or actuarial disciplines; strong analytical skills.

The predicted salary is between 55000 - 65000 £ per year.

Join us as a Senior Insurance Risk Analyst to take your career to the next level with a global market leader.

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.

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.

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.

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.

Senior Insurance Risk Analyst in London employer: Dormont Manufacturing Co

At Talbot, we pride ourselves on being a global market leader in insurance and reinsurance, offering a dynamic work environment that fosters professional growth and collaboration. Our commitment to employee wellbeing is reflected in our comprehensive Total Rewards Program, which prioritises health, financial security, and career development. Join us in London, where you will be part of a diverse team tackling exciting challenges in risk management, all while enjoying a supportive culture that values innovation and excellence.

Dormont Manufacturing Co

Contact Details:

Dormont Manufacturing Co 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 Dormont Manufacturing Co). 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 Dormont Manufacturing Co. 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

Insurance Risk Management
Actuarial Skills
Capital Modelling
Problem-Solving Skills
Analytical Skills
Attention to Detail
Communication Skills

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 Dormont Manufacturing Co.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. 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 Dormont Manufacturing Co

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co 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 Dormont Manufacturing Co, 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 Dormont Manufacturing Co'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.