Capital Modelling Analyst

London - UK

Monthly Salary: Not Disclosed

Posted on: 19 hours ago

Vacancies: 1 Vacancy

Job Summary

Make your mark in the Risk Function at Talbot

Talbot operates within the Lloyds 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 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/Lloyds regulatory capital reporting requirements. This includes but is not limited to the SCR submissions to Lloyds (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 Lloyds.
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. For example supporting Group strategic initiatives.
Support effective Internal Model governance and to 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.
Conducting ad hoc analysis/investigations as they may arise including assisting across other areas of the team. For example 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. Developments are 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 youll need to succeed

Part qualified Actuary ideally with Capital Modelling experience
General insurance experience ideally in capital modelling in the Lloyds market.
Quantitative background is necessary.
Good working knowledge of Excel Word and PowerPoint. Igloo experience desirable.
Strong problem solving
Excellent communication skills

Ready to take your career to the next level We would love to hear from you.

#LI-AIG

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 whats 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 securityas well as your professional developmentto 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 worlds 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

Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .

Functional Area:

RK - Risk

Talbot Underwriting Services Ltd (TS1)

Required Experience:

Make your mark in the Risk Function at TalbotTalbot operates within the Lloyds 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 solutionsCapital Modelli...