Senior Actuarial Analyst

P&C Actuarial Analyst

JOB OVERVIEW

Participate as actuarial analyst in Aon’s Reinsurance Analytics Team, responsible for supporting our clients -- Japanese non-life insurers and mutual companies -- with their reinsurance arrangements by pricing, designing, and valuing reinsurance programmes.

The candidate will lead analytical and advisory tasks on lines of business such as property, engineering, casualty, marine, and credit. The analyst will also support the optimisation of catastrophe reinsurance programmes to meet clients’ reinsurance and capital requirements.

Our Analytics Team consists of actuarial analysts, catastrophe modellers, engineers, financial analysts, and GIS experts. A large part of your responsibilities will involve interacting with Analytics colleagues, account managers (brokers), and clients throughout the Japanese market, the Asia-Pacific region, Europe, and the US. Our working environment is dynamic, global, and non-hierarchical, allowing you to work freely and independently while being supportive of other colleagues.

DUTIES AND RESPONSIBILITIES

• Provide actuarial analysis and probabilistic financial analysis to support clients’ decision-making for their reinsurance buying across various lines of business.
• Organize client data, check data for reasonability, parameterization, build financial models, run simulations, and compile reports to share insights with colleagues and clients.
• Manage analyses and projects from start to finish; ensure quality and accuracy of all analyses performed; liaise with local and global colleagues as necessary; produce high-quality reports within agreed timeframes and communicate results to clients in an easy-to-understand manner.
• Develop financial models, primarily in ReMetrica, Aon’s risk and capital modelling software, to analyze and evaluate financial projections and various reinsurance strategies.
• Conduct presentations and training sessions internally and externally related to actuarial work and methods.
• Initiate or participate in various internal projects to improve processes, develop new products, or enhance services for our clients.
• Support ReMetrica marketing activities, including user support and sales activities for prospects.
• Conduct research and keep teams updated on industry and regulatory developments that affect clients’ reinsurance decision-making.

EXPERIENCE

• 3+ years of actuarial experience in non-life insurers (pricing, reserving, or risk management).
• High proficiency in MS Office suites (Excel, Word, PowerPoint, and Access).
• Experience in the following is an advantage:
• DFA (Dynamic Financial Analysis) software usage (ReMetrica, Igloo, or MetaRisk) for reinsurance optimisation and pricing.
• Various actuarial pricing techniques such as experience rating and exposure rating.
• Familiarity with programming languages (i.e., R, Python, or SQL).
• An understanding of the reinsurance industry and product lines.
• Regulation and financial accounting.

SKILLS

• Fluency in Japanese and English (both oral and written).
• Strong interpersonal, communication, and presentation skills.
• Self-learner, fast-learner, problem-solver, and team worker.
• Ability to work independently yet cooperatively.
• Ability to complete multiple tasks in a fast-paced, dynamic, and global work environment.
• Accuracy, thoroughness, and strong attention to detail.
• Curiosity and flexibility to tackle and enjoy various kinds of ad-hoc tasks.

MINIMUM EDUCATION / DESIGNATION

• Have passed multiple exams of the Institute of Actuaries of Japan (IAJ) or other actuarial societies.
• Bachelor’s Degree in Actuarial Science or a related quantitative field such as Mathematics or Statistics.

Aon offers competitive compensation, exceptional benefits, continuing education and training, a unique internal advancement programme, and tremendous potential within a growing worldwide organisation.

Aon is an equal opportunity employer committed to a diverse workforce. M/F/D/V