Talbot Head of Insurance Risk

AIG Insurance

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: 5 hours ago
Vacancies: 1 Vacancy

Job Summary

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

Make your mark in Talbot

With offices in the U.S. London and Asia Pacific Talbot is the managing agent of Syndicates 1183 and 2479 at Lloyds. Syndicate 1183 underwrites a number of classes of business including war and terrorism energy marine financial lines cyber political risk crisis management andproperty. 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.

How you will create an impact

This is a fantastic business facing role for a senior leader with a quantitative risk background to join our risk team. This pivotal role will provide oversight and challenge over all insurance risks as well as leading on Internal Model validation activities.

Some of the key responsibilities include:

  • Lead the insurance risk sub-team;

  • Continue the enhancement of Risk Management across Talbot ensuring consistency with the Groups ERM framework with specific focus on insurance risk;

  • Provide second line challenge of underwriting reserving pricing exposure management capital modelling and reinsurance;

  • Lead the quarterly reporting cycle for insurance risks providing risk expertise and challenge;

  • Oversight and enhancement of risk appetite for insurance risks including catastrophe underwriting and reserve risk;

  • Identify and assess the key risks to the achievability of Talbots business plans;

  • Carry out risk assessments and deep dives of underwriting classes and other insurance risks;

  • Oversight of stress and scenario testing and reverse stress testing;

  • Lead the production of the quantitative elements of the Own Risk and Solvency Assessment Reports;

  • Accountable for the validation of Talbots Internal Models including planning the validation cycle execution and review of validation testing and findings and presentation of findings to the relevant committees;

  • Oversight of annual Board and Regulatory Internal Model validation reports;

  • Oversight of material expert judgements and associated documentation;

  • Remaining up-to-date with industry and Lloyds Internal Model validation standards;

  • Represent the Risk Management team at Internal Model Governance Committee;

  • In collaboration with the Capital Modelling team to support the on-going development and use of the Internal Model.

What youll need to succeed

  • Extensive insurance risk management actuarial or capital modelling experience from an insurer or a consultancy

  • Qualified actuary with internal model validation experience

  • Self-starter with strong communication skills.

  • Strong financial analysis and data interpretation skills.

  • Skilled at presenting complex risk information to senior stakeholders.

  • Strong leadership presence with ability to build relationships with senior Management.

#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:

Director

Join us as Head of Insurance Risk to take your career to the next level with a global market leader.Make your mark in TalbotWith offices in the U.S. London and Asia Pacific Talbot is the managing agent of Syndicates 1183 and 2479 at Lloyds. Syndicate 1183 underwrites a number of classes of business...
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