Pricing Actuary

Join us as a Property and Political Violence Actuary to take your career to the next level with a global market leader. 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 This is a fantastic role for a qualified actuary to join our team. You gain a good breadth of knowledge on Lloyd’s products, and you will have the opportunity to network with senior stakeholders across the business. The role will lead Property and Political Violence. This is a key role supporting maintenance, development and calibration of rating tools, and transactional account pricing. Some of the key responsibilities include: Work across various lines of business to support Underwriters to develop more profitable portfolios through: Development of pricing models Maintenance and enhancement of existing pricing models Periodic recalibration of pricing models and tools to reflect the current year’s business plan. Periodic assessments of underlying portfolios Regular monitoring of portfolio metrics Perform and develop individual risk pricing in support of the underwriters. Assist in the collection and research of pricing data, and then in the development of analysis and reporting of pricing data. Provide actuarial support for business initiatives Evolve pricing standards as per market requirements (eg: Lloyds BPPF, consistency with AIG) Incorporate feedback from internal reports on model usage/ portfolio analytics to determine model updates Support pricing modernisation initiatives including building and maintaining raters in HX Drive and embed pricing governance within the team (developing clear audit trails, setting governance priorities) Introduce new profitability studies which define how the team approaches planning going forwards Train the team in account pricing, using bespoke approaches, with a particular focus on communication of results to underwriters, setting the standard for how the team approaches account pricing going forwards Establish best practice for re-platformed models What you’ll need to succeed Numerical degree Qualified Actuary Pricing experience within General Insurance Data manipulation and technical modelling skills Coding experience desirable Strong analytical skills Strong communicator Strong organisational skills with excellent attention to detail 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. 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. #J-18808-Ljbffr