Life Actuary

Are you a fully qualified fellow of the ASSA? Do you have experience in the Life reinsurance industry? We are hiring!

Aon RE Africa is recruiting a Life Actuary in the Analytics department based on a hybrid basis from our Head Office in Sandton. The role of a Life Actuary is to deliver reinsurance brokerage and actuarial services to insurers in South Africa and Rest of Africa.

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

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

Business development

• Establishing Aon’s brand in the life reinsurance brokerage space.
• Building relationships with life clients.
• Performing research into products and services development.
• Developing creative market-relevant reinsurance solutions to emerging client problems.
• Clarifying client requirements and translating actuarial concepts into client-friendly terminology, meeting all reporting requirements.
• Providing actuarial analytical work to support solution development. May also be involved in product development.
• Client relationship management throughout the reinsurance brokerage process.
• Delivering on Aon’s promise of outstanding customer service.

• Providing quality advice and actuarial services to clients, consistently meeting approved quality standards.
• Responsible for setting budgets, meeting profit targets and managing business risk.
• Responsible for the management, development and growth of the actuarial division.
• Communicating effectively with all partners, including the EMEA reporting lines and local Executive Committee.

Qualifications

• Degree in Actuarial Science, Statistics, Financial Mathematics or similar
• Fully qualified fellow member of the Actuarial Society of South Africa or equivalent Actuarial body (consideration will also be given to outstanding Associate member applicants)

• Problem solving with a positive client solution attitude
• Excellent numerical and analytical skills
• Attention to detail
• Self-motivated and the ability to work with minimum supervision
• The ability to work under pressure
• Strong client delivery work ethic
• Excellent client management and communication skills are a necessity
• Ability to work with a team to deliver large transactions

• Experience within the life reinsurance industry is desirable, covering one or more of mortality, morbidity, longevity or capital solutions
• Experience with statutory, regulatory and economic capital
• Consulting skills and experience
• Understanding of reinsurance treaties and reinsurance operational processes advantageous
• Management experience advantageous

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

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, diverse 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, color, 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 ReasonableAccommodations@Aon.com