At a Glance
- Tasks: Help clients manage risks by delivering catastrophe modelling and analytical support.
- Company: Join Aon, a leader in the reinsurance industry with a friendly culture.
- Benefits: Enjoy flexible working hours, wellness days, and an attractive benefits package.
- Other info: Work from Prague or other European cities with excellent career growth opportunities.
- Why this job: Make a real impact in a stable financial industry while collaborating globally.
- Qualifications: University degree and experience in catastrophe modelling; programming skills are a plus.
The predicted salary is between 36000 - 60000 £ per year.
Life is full of risks, from unexpected hurricanes to earthquakes, terrorism to cybercrime, always ending up with financial impacts. They can't be controlled but can be managed. Join Aon to help our clients manage these risks in the world of reinsurance - the most stable financial industry.
We want you to make a difference. Being a part of Aon means having opportunities, working in an encouraging and friendly workplace environment. We value integrity, authenticity and a can-do approach. We are brokers and consultants. At Aon, everything starts with the client! We put listening to our client's needs and understanding their goals at the heart of everything we do.
The hiring team is based in Prague but the job can be performed from Vienna, Warsaw, Prague, or Bratislava.
What the day will look like
You will be working with our client teams and colleagues from Prague and from different offices in Europe to deliver catastrophe modelling and analytical support to our clients and the reinsurance market. The main tasks include:
- Running natural catastrophe models to quantify the likelihood and severity of natural catastrophes for property portfolios of insurance companies.
- Communication about technical solutions in a digestible manner with both clients and colleagues from the broking team.
- Collaboration with R&D teams on testing and evaluation of catastrophe models.
- Contributing to research and development of ideas to improve the existing models and tools.
Skills and experience that will lead to success
- Finished university studies.
- Previous experience in Catastrophe modelling (ideally at least 3 years).
- Knowledge of the most frequently used catastrophe models – Moody’s RMS, Verisk, CoreLogic.
- Knowledge of MS Excel, MS Access and QS.
- Knowledge of a scripting or programming language (e.g. Python or R) may come handy.
- Good communication skills in English.
- Strong technical problem-solving skills.
- Capability to work in a team, independently and ability to prioritise work effectively.
- Flexibility and self-motivation, positive approach to work.
How this opportunity is different
Working at Aon brings you an opportunity to work for a market leader in the highly attractive reinsurance industry with regional headquarters in Prague, while engaging with people all over the world. We have modern offices in the very centre of Prague, but we also offer flexible working hours and home office. We offer an attractive benefits package including pension scheme contributions, massages in the office, language courses, ergonomic tables, sick days and many more.
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, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. We are committed to providing equal employment opportunities and fostering an inclusive workplace.
If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
Please note applications are available for candidates with valid work permit in CZ.
Catastrophe Modeller employer: Aon
Aon is an exceptional employer, offering a dynamic and supportive work environment in the heart of Prague, with the flexibility to work from Vienna, Warsaw, or Bratislava. Our commitment to employee wellbeing is reflected in our comprehensive benefits package, including pension contributions, wellness initiatives, and opportunities for continuous learning and growth. Join us to be part of a collaborative team that values integrity, innovation, and inclusivity, while making a meaningful impact in the reinsurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Catastrophe Modeller
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Aon). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Aon. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Catastrophe Modeller
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Aon.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Aon. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Aon
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Aon to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Aon, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Aon's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.