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Job description

Functional Area:
VA - Validus

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

Talbot Underwriting Services Ltd (TS1)

Job Title

Reserving Analyst


Reserving, Finance

Responsible to

Reserving Manager/Reserving Actuary/Senior Analyst

Direct Reports

Purpose of Role

As below


  • To provide general support across the areas of work noted below.
  • To assist with the provision of Management Information.
  • To assist in undertaking an appropriate level of analysis to support business decisions and provide additional insight to the business.
  • To help identify and implement improvements and enhancement in processes and models.
  • To assist with internal and external reporting.

  • To support the quarterly assessment of in-house actuarial reserve indications on an ultimate basis, an earned basis and SII basis. To ensure that these are presented appropriately throughout the business.
  • To support the quarterly assessment of Management's best estimate reserves on both an ultimate basis and an earned basis for UK, US and Bermudian regulatory reporting purposes.
  • To support Group in the consolidation of the reserves.
  • To liaise with external consulting actuaries where necessary in support of their independent reserving work and the provision of the requisite Statements of Actuarial Opinion.
  • To monitor the quarterly run-off of reserves and to assist with regular monitoring of plan versus actual.

  • To support the parameterisation of the Prior Year Risk element of the capital model.

  • To support in the assessment of the future performance of the business for planning purposes.

Pricing and Underwriting
  • To provide analysis to ensure that the underwriters and pricing actuaries understand the reserve estimates, so that these can be reflected appropriately in the pricing assumptions and ongoing business strategy.

Data Governance
  • As part of the Talbot Data Governance framework you may be expected to perform the duties of the following roles: - Master Data Source Owner, DataSource Owner, Data Journey Owner, Data Control Owner, Data Control Reviewer.

The specific responsibilities are detailed in the Talbot Data Policy which can be found on the Data Governance SharePoint site.

Person Specification

  • Reserving experience, preferably in the Lloyd's or London Market.
  • Experience of US GAAP reporting would also be beneficial.

  • Science Degree (minimum 2:1)
  • A Level Maths

Desired Skills
  • High level of numeracy
  • Attention to detail
  • Good organisation and communication skills
  • Ability to work on own initiative

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
Job Sector
Strategy & Consultancy
Job Position
Financial Analyst
London, UK Show on map
Post date
Closing date

How would you fit?

Learn more about AIG

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

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