At a Glance
- Tasks: Deliver regulatory capital reporting and collaborate on internal model development.
- Company: Join AIG's Talbot, a leader in the Lloyd's Insurance Market.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional growth.
- Why this job: Make a real impact in risk management and insurance solutions.
- Qualifications: Part qualified Actuary with capital modelling experience and strong problem-solving skills.
- Other info: Inclusive culture with opportunities for continuous learning and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Make your mark in the Risk Function at Talbot. Talbot operates within the Lloyd's Insurance Market through Syndicate 1183, Syndicate 2019, Syndicate 2478 and Syndicate 2479. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions.
Capital Modelling is the team responsible for maintaining the Talbot internal model to enable an efficient and timely delivery of the assessment, aggregation and reporting of all quantifiable risks in order to inform decision making as well as to meet regulatory requirements.
How you will create an impact:
- Delivery of the Solvency UK/Lloyd's regulatory capital reporting requirements, including SCR submissions to Lloyd's (i.e. LCR forms and all other associated returns), application of the Internal Model Change Policy for model updates and production of the annual PRA Internal Model Output ("IMO") submissions to Lloyd's.
- Collaboration with teams across the syndicate to ensure the Internal Model adequately reflects the latest view of the syndicate risk profile and to contribute to the validation of the Internal Model.
- Assist with the Internal Model use within the business, supporting Group strategic initiatives.
- Support effective Internal Model governance and produce/present internal model analysis/documentation to senior management and the Internal Model Governance Committee ("IMGC").
- Promote, encourage and support model use across the business.
- Conduct ad hoc analysis/investigations as they may arise, including assisting across other areas of the team, such as business planning investigations, stress and scenario testing, ORSA, AFR.
- Internal Model development: Assisting with the development of business-related functionality and outputs that will support the business, leading on planned Igloo developments within the team, conducted in line with the Internal Model Change Policy.
- Identifying and documenting Internal Model Limitations in line with Internal Model Limitations Statement of Operating Practice.
What you'll need to succeed:
- Part qualified Actuary ideally with Capital Modelling experience.
- General insurance experience, ideally in capital modelling in the Lloyd's market.
- Quantitative background is necessary.
- Good working knowledge of Excel, Word and PowerPoint; Igloo experience desirable.
- Strong problem solving and excellent communication skills.
Ready to take your career to the next level? We would love to hear from you.
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). 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 honoured that our drive for positive change has been recognised 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 Functional Area: RK - Risk Talbot Underwriting Services Ltd (TS1).
Capital Modelling Analyst in Antrim employer: Talbot Underwriting Services Ltd (TS1)
Contact Detail:
Talbot Underwriting Services Ltd (TS1) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Modelling Analyst in Antrim
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Talbot or within the Lloyd's market. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of capital modelling. Be ready to discuss how your experience aligns with the role and how you can contribute to the team’s success.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Bring examples of past challenges you've tackled, especially in quantitative analysis or regulatory reporting, to demonstrate your fit for the role.
✨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.
We think you need these skills to ace Capital Modelling Analyst in Antrim
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Capital Modelling Analyst role. Highlight your relevant experience in capital modelling and any quantitative skills you have. 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 this role and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills: Since this role requires a good working knowledge of Excel, Word, and PowerPoint, make sure to mention any specific projects or experiences where you've used these tools effectively. We’re keen on seeing your technical prowess!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’re good to go!
How to prepare for a job interview at Talbot Underwriting Services Ltd (TS1)
✨Know Your Numbers
As a Capital Modelling Analyst, you'll need to be comfortable with quantitative data. Brush up on your knowledge of capital modelling concepts and regulatory requirements specific to the Lloyd's market. Be prepared to discuss how you've applied these in past roles or projects.
✨Excel is Your Best Friend
Since good working knowledge of Excel is essential, make sure you can demonstrate your proficiency. Practice common functions, pivot tables, and data analysis techniques. You might even want to prepare a quick example to showcase during the interview.
✨Communicate Clearly
Strong communication skills are crucial for this role. Think about how you can explain complex modelling concepts in simple terms. Prepare examples of how you've successfully communicated findings to non-technical stakeholders in the past.
✨Show Your Collaborative Spirit
Collaboration is key in this role, so be ready to share experiences where you've worked effectively with cross-functional teams. Highlight any instances where your contributions helped improve model governance or informed decision-making within the business.