Capital Modelling Actuary Manager

Join us a Capital Modelling Actuary Manager to take your career to the next level with a global market leaders.

How you will create an impact

You will be the manager of a Capital Modelling 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 to inform decision making as well as to meet regulatory requirements.

Some of the key responsibilities include:

• Accountable for the delivery of the S2478 Solvency UK/Lloyd’s regulatory capital reporting requirements. This includes, but is not limited to, the 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”) and standard formula submissions to Lloyd’s.

• Internal Model development: Leading the development of business related functionality and outputs that will support the business. Developments are conducted in line with the Internal Model Change Policy.

• Business planning process and group strategic initiatives – leading / conducting analysis and investigations as they may arise, producing and presenting analysis to senior management.

• To support effective Internal Model governance and to produce/ present internal model analysis/documentation to senior management and the Internal Model Governance Committee.

• Promote the use and understanding of the Internal Model and its outputs within the business.

• Collaborate 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.

• Identifying and documenting Internal Model Limitations in line with Internal Model Limitations Statement of Operating Practice.

What you’ll need to succeed

• Qualified Actuary

• Lloyd’s insurance related work experience in capital modelling or a mixed actuarial role

• Strong Igloo skills required

• Quantitative background is necessary

• Enjoys investigating and solving problems

• Excellent communication skills, both written and oral

• People management experience

#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 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.

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 world’s 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

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 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 candidatecare@aig.com.  

RK - Risk

Talbot Underwriting Services Ltd (TS1)