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- Tasks: Join our team as an Actuarial Analyst, focusing on technical modelling and financial analysis.
- Company: Aon is a leading global professional services firm, dedicated to empowering results.
- Benefits: Enjoy flexible work options, two Global Wellbeing Days, and a supportive, inclusive environment.
- Why this job: Make an impact in the insurance industry while developing your skills in a collaborative team.
- Qualifications: Must be a highly numerate graduate with 3 years' experience and nearly qualified actuary status.
- Other info: Opportunity to manage projects and mentor junior team members in a dynamic setting.
The predicted salary is between 43200 - 72000 £ per year.
Aon is currently recruiting an Actuarial Analyst to join our Property & Specialty team in London. The Analyst should be a qualified actuary with at least 3 years of experience in (re)insurance and will be primarily responsible for technical modelling and financial analysis for a range of UK and international reinsurers and property/specialty classes (including marine, property and aviation).
Responsibilities include both the technical delivery of work and the communication of findings to brokers and clients. The candidate will be expected to manage projects from inception to delivery, engaging other team members and clients as required.
As an Actuarial Analyst some of your key responsibilities will involve:
- Reinsurance pricing and analysis
- Actuarial model building and testing
- Presentation of results and advice to clients and brokers
- Actuarial research and development
- Training and potentially managing junior team members
- Promotion of actuarial expertise internally
- Working collaboratively in a team environment with colleagues and client stakeholders
- Demonstrating commitment to personal & team development
- Building relationships with clients and markets
- Identifying opportunities to work more efficiently and take on additional responsibility
Responsible for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
As an Actuarial Analyst your skills and qualifications will include:
- Highly numerate graduate (minimum 2.1 degree) with 3 years’ experience in (re)insurance pricing, reserving or capital modelling
- A nearly/newly qualified actuary (FIA or similar)
- Experience in the London market or reinsurance preferred
- Analytical skills – strong data analysis and manipulation. Expert user in Excel and other Microsoft Office products
- Strong communicator – presenting complex ideas simply
- Strong time management skills – managing several projects at the same time
- Strong project management skills – structuring, building and administering project plans clearly and simply
- Critical thinking – problem diagnosis and problem solving
- Creative, innovative and logical thinking
- Excellent attention to detail
- Ability to build and maintain positive relationships
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. 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.
Actuary employer: Aon
Contact Detail:
Aon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuary
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in (re)insurance. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Aon.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in the London market and reinsurance sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in your field.
✨Tip Number 3
Prepare to discuss specific examples of your previous work in actuarial modelling and analysis. Be ready to explain how you managed projects and communicated findings to clients, as this aligns closely with the responsibilities of the role.
✨Tip Number 4
Showcase your soft skills, particularly your communication and project management abilities. Think of ways to illustrate how you've successfully built relationships with clients and team members in past roles.
We think you need these skills to ace Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in (re)insurance, particularly focusing on your actuarial skills and any specific projects you've managed. Use keywords from the job description to align your experience with what Aon is looking for.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your understanding of the role and the company. Mention your experience in reinsurance pricing and your ability to communicate complex ideas simply, as these are key aspects of the position.
Showcase Your Analytical Skills: In your application, provide examples of how you've used your analytical skills in previous roles. Highlight any experience you have with actuarial model building and testing, as well as your proficiency in Excel and data manipulation.
Demonstrate Project Management Experience: Detail your project management skills by describing specific projects you've led or contributed to. Emphasise your ability to manage multiple projects simultaneously and how you structured and delivered them successfully.
How to prepare for a job interview at Aon
✨Showcase Your Technical Skills
As an Actuarial Analyst, you'll need to demonstrate your technical modelling and financial analysis skills. Be prepared to discuss specific projects where you've successfully applied these skills, especially in (re)insurance pricing or capital modelling.
✨Communicate Clearly
Strong communication is key in this role. Practice explaining complex actuarial concepts in simple terms, as you will need to present findings to clients and brokers. Consider preparing a brief presentation on a past project to showcase your ability to convey information effectively.
✨Demonstrate Project Management Experience
Highlight your experience in managing projects from inception to delivery. Be ready to discuss how you've structured project plans and engaged team members, as well as any challenges you faced and how you overcame them.
✨Emphasise Team Collaboration
Aon values teamwork, so be sure to share examples of how you've worked collaboratively with colleagues and clients. Discuss how you've built relationships and contributed to a positive team environment, as this will show your commitment to personal and team development.
