Associate Director, P&C Solutions

Aon Corporation; Bengaluru; Hybrid; INR 3,500,000 - 7,000,000; Full time

Job summary

Aon invites an Associate Director- Actuarial (P&C) to join its Bangalore hybrid team, leading pricing technology initiatives for general insurance clients. The role blends actuarial expertise with software delivery, client engagement and strategic thinking.

You'll guide design, governance and delivery across pricing platforms, partner with data scientists and engineers, and mentor colleagues while driving business growth in a fast-paced, global environment.

Qualifications

• Numerate degree in Mathematics, Statistics or Economics.
• Qualified or nearly-qualified actuary (IFoA/IAI/CAS/SOA or equivalent).
• Minimum 7 years' experience in Consulting or Insurance.
• At least 3 years in P&C pricing, pricing analytics or actuarial technology delivery.

Responsibilities

• Lead actuarial pricing technology solution design for clients in (re)insurance.
• Translate actuarial requirements into functional and technical specs for development teams.
• Review models, methodologies and deliverables for actuarial correctness.
• Provide advisory guidance and client workshops to drive adoption of pricing platforms.
• Mentor junior colleagues and contribute to business growth.

Skills

Actuarial pricing

Python

SQL

R

AI interest

Communication

Teamwork

Attention to detail

Education

Numerate degree in Mathematics/Statistics/Economics

Qualified or nearly-qualified actuary (IFoA/IAI/CAS/SOA)

Tools

Python

SQL

R

Job description

Job Title- Associate Director- Actuarial (P&C)

Position type- Full Time

Work Location- Bangalore

Working style- Hybrid

Required years of experience – 10+ years of relevant experience

Do you want to be part of the dynamic team who are developing cutting-edge systems for the general insurance and reinsurance market?

Are you interested in model development and improving pricing processes?

This is a fantastic opportunity for an experienced general insurance practitioner to join a collaborative, friendly, dynamic working environment, with the opportunity to work with a cutting-edge modelling platform and high-profile clients. It is a hybrid role that can offer flexibility to work both virtually and from our Bengaluru 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 organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.

INFORMATION ABOUT THE BUSINESS

The Automation COE leverages cutting-edge technologies, including robotic process automation (RPA), low-code application development, and digital document management, to streamline and enhance our internal processes. Our mission is to support Risk and Human Capital colleagues globally by implementing innovative automation solutions that drive efficiency, reduce operational costs, and improve service delivery.

GENERAL DESCRIPTION OF ROLE:

We're looking for an experienced client-facing leader to help us take Aon's general insurance pricing technology offering to the next level. If you enjoy working at the intersection of people, technology and analytics, this role offers the chance to make a visible impact across the (re)insurance market.

You'll join a tight-knit, friendly team that brings together actuarial expertise and software development capabilities, working in close partnership to drive adoption of Aon's Pricing Platform. As a key member of this team, you'll play a central role in meeting and exceeding client expectations by leading teams that deliver high-quality, cutting-edge pricing solutions and projects.

This role will encompass a wide variety of work. Initially, your responsibilities will include:

• Actuarial Solution Design and Technical Leadership
• Lead the design of pricing technology solutions that address complex client requirements across insurance and reinsurance markets.
• Translate actuarial methodologies, pricing processes and business requirements into detailed functional and technical specifications for development teams.
• Work closely with a multi-disciplinary team to ensure actuarial concepts are accurately represented within technology solutions.
• Act as a subject matter expert on pricing methodologies, modelling approaches and actuarial best practice.
• Review and Governance
• Review actuarial models, system configurations and technical deliverables to ensure they meet expected actuarial, technical and commercial standards.
• Provide oversight and challenge to pricing methodologies, assumptions and modelling approaches implemented within client solutions.
• Support the development of best practice standards, quality assurance processes and governance frameworks across the pricing technology offering.
• Client Delivery and Advisory
• Lead client workshops to understand business objectives, pricing challenges and system requirements.
• Provide trusted actuarial and technical guidance throughout the design, implementation and adoption of pricing solutions.
• Support user training, onboarding and long-term client success.
• Business Growth and Team Development
• Support business development activities through demonstrations, proofs of concept and thought leadership.
• Contribute to the development of junior colleagues through coaching, mentoring and technical leadership.
• Help build Aon's reputation as a leading provider of actuarial technology and pricing transformation services.

How this opportunity is different

STG is Aon's global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry. The business provides strategy consulting, technology solutions and advisory services to many of the most prestigious companies in Global (Re)insurance. We have privileged access to Aon's proprietary data, software, and the knowledge of its global network of insurance industry experts to derive unique and compelling insights into the sources of competitive advantage in our industry.

This role provides you with an opportunity to:

• Work with cutting-edge pricing technology used by insurers and reinsurers globally.
• Influence the future of actuarial technology, data and AI solutions.
• Collaborate with actuaries, software engineers and product managers across multiple geographies.
• Access unique Aon datasets and intellectual property.
• Accelerate your development within a fast-growing consulting and technology business.

Required education and certifications critical for the role

• Numerate degree such as Mathematics / Statistics / Economics
• Qualified or nearly-qualified actuary (IFoA, IAI, CAS, SOA or equivalent), with strong experience in P&C insurance pricing

Required experience for the role

• Minimum work experience of 7 years in Consulting or Insurance companies
• Of this, a minimum 3 years' experience in P&C pricing, pricing transformation, pricing analytics, or actuarial technology delivery

Skills and experience that will lead to success

• Experience translating actuarial requirements into functional and technical specifications for software development teams.
• Experience working directly with technology teams to design, develop or implement actuarial systems and solutions
• Demonstrable experience reviewing actuarial models, methodologies and technical deliverables.
• Interest in the application of AI and advanced analytics within pricing and actuarial workflows.
• Experience with Python, SQL, R or other analytical programming languages
• Clear and inclusive communicator who adapts their style to different audiences and builds positive, trust-based relationships
• A self-motivated team player that works collaboratively
• Excellent organisation and problem-solving skills, with a strong attention to detail

HOW WE SUPPORT OUR COLLEAGUES

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.

Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!

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