Head of Catastrophe Frameworks & Regulatory Oversight

At AIG, we are reimagining the way we help customers manage risk. Join us to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Talbot Underwriting

Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance specialist.

Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property, and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.

Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry-leading solutions. It is headquartered in London with offices in New York and Singapore.

How you will create an impact

• Lead the development and maintenance of catastrophe frameworks, coordinate the non-natural catastrophe parameterisation for the internal model, and conduct periodic class of business risk assessments.
• Have overall responsibility for the delivery of the scheduled and ad hoc regulatory deliverables.
• Take a lead role in overseeing consistency and standardisation of aggregate data entry across the business, focusing on non-natural catastrophe exposed classes.
• Manage the development and maintenance of catastrophe frameworks and ensure that these are embedded in the wider team’s work.
• Take ownership of the procedural documentation for the Exposure Management team.
• Deliver class of business risk assessments in line with the agreed schedule and track progress against any actions assigned by the Aggregation Risk Committee.
• Oversee the timely delivery of regulatory returns, including coordination of related activities (timetabling, prioritisation, contribution from team and stakeholder engagement).
• Support the wider team in establishing and reviewing views of risk and risk appetites.
• Feed into development/validation activities (including linkage into AIG group work streams).

What you’ll need to succeed

• Experience in the insurance industry within the exposure management space (preferably 8+ years).
• Experience of coordinating and overseeing regulatory returns.
• Ability to work across departments including Underwriting, Actuarial Pricing, and Capital Modelling to ensure non-natural catastrophe risk is managed and represented appropriately and consistently.
• Deep understanding and experience interacting with main vendors.
• Degree in a relevant subject (preferable but not necessary if skills demonstrated elsewhere).
• Effective communicator/influencer with strong written and oral communication skills.
• Ability to lead a team, multi-task, and prioritise with limited guidance.
• Ability to work well with other teams; commitment to get things done on time, across various teams.
• 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)