Associate Director

Job Title: Actuarial Manager (P&C)

Location: Bangalore

Work Mode: Hybrid

Required Experience: 10+ years of relevant experience

Do you want to be part of a dynamic team developing cutting-edge systems for the general insurance and reinsurance market?

Are you interested in model development and improving pricing processes?

This is a fantastic opportunity for an experienced general insurance practitioner to join a collaborative, friendly, and dynamic working environment. You will have the opportunity to work with a cutting-edge modelling platform and high-profile clients. This hybrid role offers flexibility to work both virtually and from our Bengaluru office.

What the day will look like

We’re looking for an experienced client-facing leader to help us take Aon’s general insurance pricing technology offering to the next level. If you enjoy working at the intersection of people, technology, and analytics, this role offers the chance to make a visible impact across the (re)insurance market.

You’ll join a tight-knit, friendly team that brings together actuarial expertise and software development capabilities. You will work in close partnership to drive adoption of Aon’s Pricing Platform. As a key member of this team, you’ll play a central role in meeting and exceeding client expectations by leading teams that deliver high-quality, cutting-edge pricing solutions and projects.

This role will encompass a wide variety of work. Initially, you can expect to be involved with the following:

• Client Support: Lead technical client workshops to capture business requirements, coordinate multi-disciplinary teams to design and implement pricing modelling solutions, and provide ongoing user support and training on our systems.
• Product and Service Development: Help shape and evolve our pricing technology and services by keeping abreast of market developments, client needs, and regulatory changes, identifying opportunities for Aon to add more value.
• Sales Support: Play an active role in business development through proof-of-concept work, product demonstrations, and trials that showcase the impact of our solutions.

There will also be the opportunity to support the career development and growth of other actuarial team members through line management and mentoring responsibilities.

How this opportunity is different

STG is Aon’s new global consulting and technology business focused on insurance and reinsurance companies and other participants in the insurance industry. The business provides strategy consulting, technology solutions, and advisory services to many prestigious companies in Global (Re)insurance.

This role provides you with an opportunity to be at the forefront of driving data, system, and AI innovation in the (re)insurance pricing domain. You will work collaboratively with a diverse and highly skilled global team and be part of a culture that values continuous learning and professional growth.

Required education and certifications critical for the role

• Numerate degree such as Mathematics / Statistics / Economics
• Qualified, or part qualified actuary, clearing SP7 and SP8 exams

Required experience for the role

• Minimum work experience of 7 years in Consulting or Insurance companies
  • Of this, a minimum of 3 years’ experience in P&C pricing or capital (GAAP, Solvency II, IFRS)

Skills and experience that will lead to success

• Experience of overseeing the delivery of and/or developing actuarial tools
• Experience of coding, Python or SQL are desirable
• A self-motivated team player that works collaboratively
• Clear and inclusive communicator who adapts their style to different audiences and builds positive, trust-based relationships
• Excellent organization and problem-solving skills, with a strong attention to detail

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon.

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, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.