Description:
Join our successful and expanding operation as an Actuarial Analyst. You’ll be responsible for performing and reviewing risk assessment and valuation of clients’ portfolios for the purpose of structuring, optimising, and pricing reinsurance. Using significant expertise of all major catastrophe models, our analysts overcome data and model limitations to provide clients with a comprehensive view of their portfolio.
Key responsibilities include -
- Collecting, manipulating and interrogating client exposure and claim data in MS Excel or SQL to support analyses;
- Utilising catastrophe modelling software to determine clients’ exposure to catastrophe hazards such as earthquake, cyclone and bushfire;
- Utilising actuarial modelling software to produce all perils catastrophe exposures and pricing of reinsurance structures to protect cedants
- Complete actuarial projects using techniques such as experience and exposure rating, and making use of stochastic modelling analyses
- Analysing clients’ historical data to assess their exposure to future large non-catastrophe losses;
- Using reinsurance optimisation techniques to determine reinsurance strategies that maximise the likelihood that clients can meet their financial goals;
- Effectively communicating results to internal and external stakeholders using written reports and/or presentations;
- Developing effective working relationships with internal and external clients; and
- Actively contributing to research and development ideas.
How This Opportunity Is Different
Aon Analytics offers clients industry-leading catastrophe management, actuarial, rating agency advisory and risk and capital strategy expertise. Whether working side-by-side with brokers on risk transfer products or engaging on broader analytic and modelling engagements, our 400+ specialists around the world consistently deliver innovation and thought leadership to clients. Your opportunity to empower results could start right here, be rewarded for your hard work.
Skills And Experience That Will Lead To Success
- The ability to work well within a team, a curious mindset and strong problem solving and analytical skills
- A bachelor’s degree majoring in a relevant field such as actuarial studies, mathematics, or statistics
- Proficient in the use of catastrophe models and relevant actuarial techniques
- Advanced Excel skills and strong a working knowledge of MS Word, SQL and PowerPoint
- Excellent communication skills (both oral and written)
- Tableau or PowerBI experience
- Insurance or reinsurance experience
- Experience with VBA, Python, R an advantage but not essential
- Excellent organisation skills and ability to work under pressure
- Self-discipline to manage own workflow and deadlines