Head of Nat Cat Modelling

Join us as the Head of Nat Cat Modelling 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 Syndicate 1183 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. 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

• Manage, develop and apply, under the direction of the Aggregation Risk Committee, TUL's views of natural catastrophe risk across relevant classes. This includes implementing the defined views of cat risk through appropriate representation ('modelling'), ensuring TUL's exposure management systems, processes and data-capture are appropriate to support them, and prioritising development needs.
• Oversee the relationships with relevant external providers.
• Manage the business planning process for the cat exposed classes.
• Work with underwriters, pricing actuaries and the capital modelling team on the preparation of the inputs for the Internal Model.
• Provide portfolio optimisation and related analytics to support the delivery of Talbot’s property underwriting objectives and to inform future strategy.
• Assess impacts of model changes on Talbot’s accounts/portfolios and internal/external cat metrics.
• Lead the business’s efforts in estimating and communicating exposures and potential losses when major events occur, in accordance with the event loss procedure.
• Take responsibility for all aspects of internal reporting for TUL's natural catastrophe risk.

What you’ll need to succeed

• Significant experience in the insurance industry within catastrophe management.
• Ability to work across departments including Underwriting, Actuarial Pricing and Capital Modelling to ensure nat cat risk is managed and represented appropriately and consistently.
• Experience in understanding underwriter needs and offering analytical solutions to help their decision making.
• Clear vision for how to utilise analytical insight to support underwriting decisions.
• Deep understanding and experience interacting with main model vendors.
• Strong stakeholder management and relationship building skills.
• Experience of leading a team.
• Strong technical understanding and problem solving ability.

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.

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). 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.

Functional Area:

AC - Actuarial Talbot Underwriting Services Ltd (TS1)