At a Glance
- Tasks: Conduct technical modelling and financial analysis for global clients in reinsurance.
- Company: Join Aon, a leader in shaping better decisions for clients worldwide.
- Benefits: Enjoy competitive benefits, flexible work options, and two Global Wellbeing Days each year.
- Other info: Inclusive culture that supports continuous learning and personal growth.
- Why this job: Fast-paced role with exposure to high-profile reinsurance transactions and diverse teams.
- Qualifications: Part-qualified actuary with strong analytical skills and a minimum 2.1 degree.
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. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com.
Actuarial Analyst, Globally Managed Clients UK Team employer: NACBA
NACBA is an excellent employer that values its employees by offering a hybrid working arrangement, fostering a healthy work-life balance. With a strong focus on professional development, employees have ample opportunities for growth within the financial services sector, all while being part of a collaborative and supportive team in the vibrant city of London.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst, Globally Managed Clients UK Team
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like NACBA. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuarial Analyst, Globally Managed Clients UK Team
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to NACBA.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on NACBA's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at NACBA
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with NACBA.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at NACBA will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former NACBA employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
