Capital Modelling Consultant , Strategy & Technology Group

Aon; City Of London; Hybrid; GBP 65,000 - 85,000; Full time

Job summary

A leading consultancy in London is seeking a Capital Modelling Consultant to address the capital modelling challenges faced by insurers. The role requires proven actuarial expertise and strong coding skills in Python and SQL, combined with a collaborative attitude. Candidates will be involved in crafting solutions, training users, and participating in the sales process. The position offers a hybrid work model and comprehensive benefits, including Global Wellbeing Days.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Flexible working style solutions

Qualifications

• Proven experience in capital modelling, pricing, or reserving.
• Ability to develop robust modelling solutions.
• Experience in predictive analytics.

Responsibilities

• Gather business requirements and implement capital modelling solutions.
• Design, implement, and test capital modelling solutions.
• Support and train users of systems.

Skills

Proven experience in general insurance actuarial work

Strong coding skills (Python and SQL)

Curiosity and proactive approach to leveraging software

Collaborative and resilient attitude

Education

At least three years in actuarial work

Tools

Stochastic modelling tools (e.g., Igloo or Tyche)

Job description

Capital Modelling Consultant (Capital & Risk Modelling Technology, Aon STG), London

Do you want to address the capital modelling challenges faced by insurers?

Are you interested in joining a team that is pioneering modern systems for the insurance and reinsurance sector?

If so, we would love to hear from you in connection with this hybrid role that can offer flexibility to work both virtually and from our London office.

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

This role would suit an individual who wants their coding skills to be at the forefront of their daily activities. It will encompass a wide variety of work and the successful applicant can expect to be involved with the following:

• Working with the team and clients to gather business requirements, crafting and implementing capital modelling solutions for the (re)insurance market.
• Working in a multi-disciplinary team to design, implement, and test capital modelling solutions for (re)insurers.
• Work closely with clients to gather business specifications for tailored model constructions and complete development assignments as the technical leader.
• Supporting and training users of our systems.
• Supporting the sales process through proof of concept exercises and trials for Tyche and TCM.

How this opportunity is different

Joining STG means stepping into Aon’s pioneering global consulting and technology business, where innovation meets impact. You’ll work with some of the most prestigious names in the (re)insurance industry, employing privileged access to Aon’s proprietary data, advanced software, and global expertise. At the heart of this is Tyche—our extraordinary platform powering ground‑breaking solutions for leading insurers worldwide. This role offers the chance to combine actuarial insight with technology, collaborate with exceptional developers, and deliver hosted solutions that redefine industry standards. If you want to shape the future of insurance through strategy, technology, and data‑driven insights, this is the place to do it.

Skills and experience that will lead to success

• Actuarial Expertise: Proven experience in general insurance actuarial work (capital modelling, pricing, or reserving), with at least three years in the field.
• Technical and Analytical Capability: Strong coding skills (Python and SQL desirable) and ability to develop robust modelling solutions, combined with advanced analytical and problem‑solving skills.
• Improvement In Execution and Innovation: Demonstrated curiosity and proactive approach to leveraging software for modelling challenges, including improving processes within teams or projects.
• Collaborative and Resilient Attitude: Ability to work under pressure with adaptability and resolve, while being a self‑motivated team player who builds positive relationships across diverse collaborators.
• Advanced Modelling and Leadership (Desirable): Familiarity with stochastic modelling tools (e.g., Igloo or Tyche), understanding of statistical techniques, experience in predictive analytics, and capability to lead development projects or teams.

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].