Capital Modelling Analyst in London

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 the 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 skills.
• 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 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 Functional Area: RK - Risk.