At a Glance
- Tasks: Conduct technical modelling and financial analysis for global clients in a fast-paced environment.
- Company: Join Aon, a leader in reinsurance with a collaborative and inclusive culture.
- Benefits: Enjoy competitive pay, wellbeing days, and flexible working options.
- Other info: Experience rapid growth and learning in a dynamic team setting.
- Why this job: Make impactful decisions while developing your actuarial skills with top-tier clients.
- Qualifications: Part-qualified actuary with strong analytical and communication skills.
The predicted salary is between 37800 - 46200 £ per year.
Are you interested in fast paced, commercial and varied actuarial work? Are you a part-qualified actuary with a GI pricing or similar background? Then a career at Aon Reinsurance might be for you!
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 organisation, we are united through trust as one inclusive team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like
The Analyst should be a nearly/newly qualified actuary and will be primarily responsible for technical modelling and financial analysis for Globally Managed Clients with a main focus on property lines. You will work on reinsurance analysis for some of our largest clients across:
- Data Preparation: Collecting, cleaning, and preparing data for analysis.
- Reinsurance Pricing and Analysis: Conducting pricing and financial analysis for reinsurance contracts.
- Stochastic Modelling: Use of Aon's ReMetrica software to stochastically analyse reinsurance treaties.
- Actuarial Model Building and Testing: Developing and validating actuarial models to support pricing, reserving, and capital management.
- Presentation of Results: Communicating findings and recommendations to brokers and clients in a clear and concise manner.
How this opportunity is different
Working on some of the largest and most high profile reinsurance transactions for Global Clients, you will learn fast and get exposure quickly. Working in a range of client and project teams with high calibre individuals across actuarial, cat modelling and broking background will develop your technical and commercial skills. Connecting into the broad analytics team at Aon with subject matter expertise will deepen your knowledge.
Skills and experience that will lead to success
- Experience: Highly numerate with a minimum 2.1 degree and 3+ years relevant experience.
- Communication Skills: Ability to present complex ideas simply and effectively.
- Time Management: Strong ability to manage multiple projects simultaneously.
- Critical Thinking: Excellent problem diagnosis and problem-solving skills.
- Relationship Building: Ability to build and maintain positive relationships with colleagues and clients.
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, colour, 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.
Actuarial Analyst,Globally Managed Clients UK Team in London employer: Aon
AON is an exceptional employer that fosters a dynamic work culture in the heart of Greater London, offering flexibility to work from multiple locations including Reading and Chelmsford. With a strong emphasis on employee growth, AON provides comprehensive training and development opportunities, ensuring that team members can thrive in their careers while contributing to innovative solutions in Trade Credit Insurance. Join us to be part of a collaborative environment where your expertise will be valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst,Globally Managed Clients UK Team in London
✨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 Actuarial Analyst,Globally Managed Clients UK Team in London
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.