Join us as Head of Insurance Risk to take your career to the next level with a global market leader.
About Talbot
Talbot is the managing agent of Syndicates 1183, 2019, 2478 and 2479 at Lloyd’s, underwriting a range of business lines including war, terrorism, energy, marine, cyber, political risk, crisis management and property.
What You’ll Do
This is a senior leader role with a quantitative risk background that provides oversight and challenge across all insurance risks and leads internal model validation activities.
Key Responsibilities
- Lead the insurance risk sub-team;
- Continue the enhancement of Risk Management across Talbot, ensuring consistency with the Group’s 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 Talbot’s 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 Talbot’s 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;
- Remain up-to-date with industry and Lloyd’s Internal Model validation standards;
- Represent the Risk Management team at Internal Model Governance Committee;
- In collaboration with the Capital Modelling team, support the ongoing development and use of the Internal Model.
Qualifications
- 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.
Benefits
Our Total Rewards Program offers a comprehensive benefits package focused on health, wellbeing, financial security and professional development, designed to bring peace of mind to you and your family.
Equal Opportunity & Accommodations
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 category.
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 candidatecare@aig.com.
Functional Area
RK – Risk
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