Manager / Senior Manager, Policies & Risk Management - London, United Kingdom - American International Group

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    Head of Risk Management - 12 Month FTC page is loaded Head of Risk Management - 12 Month FTC

    Apply locations London time type Full time posted on Posted 2 Days Ago job requisition id JR Join us as a Head of Risk Management on a 12 month maternity contract to take your career to the next level with a global market leader.

    Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap and ransom, contingency and property.

    S. ultra-high net worth personal lines business.

    Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance specialist.

    Reporting to the Talbot CRO, the Head of Risk Management is responsible for leading the Talbot Risk Management team, with two direct reports and six indirect reports.

    Assist the Board and senior management to establish, embed and communicate Talbot's risk management objectives and direction.

    Assist senior management though the ORSA to integrate risk management within business strategy in accordance with Talbot's risk appetite.

    Oversee the implementation of risk management processes, tools, analytics and other methods for identifying, assessing, monitoring and reporting all risks to Talbot.

    Oversee the implementation of Talbot's framework of risk limits, consistent with the Group and Talbot Risk Appetite Framework and Risk Policies.

    Facilitate risk assessments and monitoring "Top Risks" within Talbot and the syndicates it manages.
    Oversee the design and implementation of Talbot's stress testing and reverse stress testing.
    Support the effective running of the Aggregation Risk Committee (ARC).
    Oversee the execution of underwriting business unit risk and control self-assessments.

    Oversee the identification and assessment of the key insurance risks to the achievability of the S1183 and S2019 business plans.

    Quarterly Risk reporting to management and Board committees aligned to annual Risk Management Plan deliverables (e.g. stress and scenario testing and reverse stress testing; risk assessments; risk appetites; emerging risks and incident reporting etc.)
    Maintain effective alignment between the Risk Management function, other second-line functions (e.g. Compliance) and the third-line Internal Audit function.
    Oversee the preparation and writing of the annual syndicate ORSA reports.
    Extensive risk management experience gained in the Financial Services industry.
    People management experience.
    Experience of managing a portfolio of project work.
    Commercial awareness and ability to understand broad business issues.
    #At AIG, our people are our greatest asset. 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) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks.

    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.

    We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).

    With global chapters, ERGs are a cornerstone for our culture of inclusion.

    The diversity 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 .
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    At AIG, helping people discover new potential is our purpose. As a global risk leader, we do this for our clients every day.

    Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.

    When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together.