Actuarial Analyst, Reinsurance

Aon Corporation; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Aon is seeking an Actuarial Analyst, Reinsurance (Nordic) to join our Nordic and Baltic reinsurance team based in London. You will help clients identify and quantify risks and advise on optimal reinsurance strategies.

Day-to-day work includes collaborating with actuaries, brokers and cat modellers to develop solutions, analysing and pricing reinsurance structures, and communicating findings to clients and internal teams. Some travel to other offices may be required.

Qualifications

• Minimum of 2 years’ experience in (re)insurance pricing, reserving or capital modelling.
• Strong analytical skills, including data analysis and manipulation.
• Expert user in Excel and other Microsoft Office products
• Strong communication skills, with the ability to present complex ideas simply
• Critical thinking – problem diagnosis and problem solving
• Creative, innovative and logical thinking, and excellent attention to detail

Responsibilities

• Working with a dynamic team of actuaries, brokers and cat modellers to brainstorm and develop solutions to our clients’ problems.
• Analysing and pricing various alternative reinsurance structures to find the best fit with the client’s risk appetite.
• Communicating your findings and recommendations to both the internal team and to the client to get their feedback

Skills

Numerate

Pricing experience

Reserving experience

Capital modelling

Excel proficiency

Communication skills

Critical thinking

Attention to detail

Tools

Excel

Microsoft Office

Job description

Actuarial Analyst, Reinsurance (Nordic)

We’re hiring

Are you looking for a new challenge in a fast-paced, dynamic environment?

Do you like problem solving and coming up with innovative solutions?

Join Aon’s Nordic and Baltic reinsurance team and help us revolutionise our industry!

This role will be based in our office in London, but travel to our other offices and clients may be required at times.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organisation, we are united through trust as one inclusive team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

In this role, your focus will be on helping our clients to identify and quantify the risks they are exposed to and advising them on the optimal reinsurance strategy to mitigate these risks.

Your day-to-day will include:

• Working with a dynamic team of actuaries, brokers and cat modellers to brainstorm and develop solutions to our clients’ problems.
• Analysing and pricing various alternative reinsurance structures to find the best fit with the client’s risk appetite.
• Communicating your findings and recommendations to both the internal team and to the client to get their feedback

How this opportunity is different

Our Nordic and Baltic team is spread across London, Copenhagen, Stockholm, Hamburg and Prague. You will have the opportunity to engage with people from various backgrounds and with different experience to help you develop a broader, well-rounded range of skills.

This is a client facing relationship role where success is measured by your ability to translate complex technical data into meaningful propositions for our clients. You will be fully integrated into the client teams, giving you exposure to all aspects of the work we do for clients – including the non-analytical areas. When setting up the client teams, we consider each team member’s skills and growth aspirations to ensure that we are all continually learning from each other and growing together to help the client. Most importantly, you will not be bored. Ours is a challenging and rewarding environment where the opportunities for growth are endless.

Skills and experience that will lead to success

• Highly numerate with minimum of 2 years’ experience in (re)insurance pricing, reserving or capital modelling.
• Strong analytical skills, including data analysis and manipulation. Expert user in Excel and other Microsoft Office products
• Strong communication skills, with the ability to present complex ideas simply
• Critical thinking – problem diagnosis and problem solving
• Creative, innovative and logical thinking, and excellent attention to detail

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]