Prague

Intern

Graduate

Part Qualified

Associate

Life

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Python

Modelling

Prophet

Coding

Motor

Pricing

Consulting

Excel

ResQ

ReMetrica

DescriptionOur Prague office is a regional hub serving clients across Central and Eastern Europe, the Middle East, and Western Europe. You'll work on high-impact projects with supportive, experienced colleagues in a dynamic, international environment.At WTW, we offer a clear career path, continuous development, and the opportunity to shape the future of insurance consulting.The RoleWe are looking for actuarial talent at all levels to join our growing Insurance Consulting and Technology team in Prague. Whether you're just starting your career or bring years of experience, you’ll have the opportunity to work on a diverse range of projects across the life and non-life insurance sectors.Our team supports clients on complex and high-impact assignments including pricing, reserving, product development, financial and regulatory reporting, M&A, and risk modeling. You’ll collaborate with professionals from across WTW, gaining exposure to regional and international engagements.Depending on your experience level, you will:<ul><li>Work with a variety of local and international clients across life and non-life insurance.</li><li>Work as part of a collaborative team across disciplines and geographies.</li><li>Analyze and prepare data, build models, and interpret results to deliver clear insights.</li><li>Apply actuarial concepts and advanced modelling techniques.</li><li>Develop technical skills in actuarial tools and methodologies.</li><li>Build relationships with clients and support business development activities.</li></ul>QualificationsThe RequirementsWe seek driven individuals with solid numerical skills and a knack for problem-solving. If you’re excited about making an impact in a fast-paced, global environment, this role is for you! Here’s what we value:<ul><li>Education: A degree in Actuarial Science, Mathematics, Statistics, Physics, Finance, or related field is preferred.</li><li>Other qualification: Progress in actuarial exams or full qualification for senior roles.</li><li>Skills: Excellent written and spoken communication, a keen eye for detail, and the ability to multitask effectively.</li><li>Technical competencies: Strong Excel skills are essential, and experience with R, SQL, PowerShell or Python is a significant advantage. Familiarity with actuarial software (e.g., Prophet, RiskAgility, ResQ) would also be beneficial.</li><li>Attitude: Strong creative thinking, a collaborative mindset, a passion for teamwork, and willingness to travel occasionally.</li><li>Language: Fluency in English; proficiency in Czech, Slovak, or another CEE language (e.g., Polish, Hungarian, Romanian) is a plus.</li></ul>Why WTW?<ul><li>Hybrid &amp; flexible working: Balance your time between home and our modern Prague office.</li><li>Career development: Clear growth paths, hands-on learning, and global exposure.</li><li>International projects: Collaborate with colleagues and clients across borders.</li><li>Supportive culture: Join a team that values innovation, inclusion, and collaboration.</li><li>Team events &amp; community: Celebrate success and build lasting connections.</li></ul>This role offers a hybrid work schedule, allowing for a combination of remote and in-office work to support flexibility.We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants.

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 - a very innovative and international industry, highly developed in global financial centres such as Zurich, London, Bermuda, and Chicago.Actuarial AnalystWe are searching for an Actuary for our office in Prague (Czech Republic) to work in a team following clients across the EMEA region. The position is suitable if you want to start your career as well as if you are planning your next step after a first experience.How this opportunity is differentWe can offer two activities that are not so common for actuaries - stochastic modelling and very diverse work.<ul><li>Diverse work - We are helping insurers in their risk transfer of their business lines and doing things that often insurers are not able to do by themselves. We work for many different clients in the Middle East, where every client has a different portfolio and different problems, making our work very diverse with many opportunities to learn and further develop.</li><li>Stochastic modelling - We advise insurers on their risks and need to see what is happening during extreme events and be able to use risk measures like Value at Risk. Aon developed one of the most used stochastic modelling tools for Non-Life called Remetrica, and all actuaries have access to it. You will make stochastic modelling after a few months in the office and quite often.</li></ul>The nature of the work is project-oriented, client-focused, and targeted at creative problem solving. You will be exposed to a wide range of insurance and reinsurance products, both traditional and non-traditional.What the day will look like<ul><li>Work with colleagues (brokers, analytics, and others) to identify and respond to client needs and develop additional opportunities related to products and services.</li><li>You will perform technical analysis and gain innovative insights into insurance companies, their portfolios, and reinsurance contracts.</li><li>Inventory and manage client as well as industry data with the aim to further develop market studies (motor insurance, inflation development, etc.) and develop our internal tools.</li><li>Analyse the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modelling (mainly using collective risk model, various distribution fitting techniques for frequencies and severities).</li><li>Assist in preparing client-ready presentations to communicate analysis results to brokers and clients.</li></ul>Skills and experience that will lead to success<ul><li>University degree in actuarial sciences (mathematics applied to insurance) at master’s level.</li><li>Proficient knowledge of English.</li><li>Proactive and result-oriented working style.</li><li>Ability to identify and resolve problems, think creatively and analytically.</li><li>Being able to learn quickly and find new solutions.</li><li>Team player mentality, while building constructive and effective working relationships.</li><li>Good digital literacy (MS Office) is required; programming skills (R, VBA, Python, etc.) are an advantage.</li></ul>What we offer:<ul><li>Exciting and varied role in the very international reinsurance industry.</li><li>Training in our sophisticated methods, including Remetrica, our stochastic modelling tool.</li><li>Opportunity to work for the world market leader.</li><li>Competitive salary and attractive benefits package including pension scheme contributions, language courses, and high-quality working conditions in our modern offices in the city center.</li><li>Possibility of flexible working.</li></ul>How we support our colleaguesIn 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. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.Our continuous learning culture inspires and equips you to learn, share, and grow, helping you achieve your fullest potential. 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.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 welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application and interview process.

DescriptionThe RoleAs an Analyst, you will work on projects focused on both life insurance and general insurance industry. You will be performing reserve studies, pricing, and capital management activities.You will be responsible for data preparation as well as producing and analyzing initial results. You will work closely with a variety of consultants and project managers who will help you increase your insurance knowledge and sharpen your actuarial skills.You will be a part of WTW’s Prague office, serving Czech clients and acting as the firm’s hub for the whole region (CEEMEA and Western Europe).<ul><li>Contribute to varied and interesting projects such as: Pricing and product valuations; Competitive Market analysis; Reserve valuations; Enterprise Risk Management; Mergers, Acquisitions and Restructuring; Self Insurance and Captives, ML/AI</li><li>Work collaboratively with other associates and consultants to determine initial data needs, examine obtained client information, and perform any follow-up work required to populate complete data sets</li><li>Develop a strong understanding of the Life and P&C insurance industry and become familiar with the various steps needed to prepare data for reserving, pricing, and capital management activities</li><li>Seek and participate in key learning and development opportunities</li><li>Build strong relationships internally and collaborate effectively on cross-functional teams</li><li>Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels</li><li>Deliver on projects to meet or exceed client expectations and within deadlines</li><li>Increase efficiency within client teams by identifying ways to improve processes</li></ul>QualificationsThe Requirements<ul><li>Academic qualification in the areas of actuarial science, financial risk, mathematics, statistics, or other related discipline</li><li>Strong analytical and integrative skills</li><li>Strong written and oral communication skills</li><li>Some experience in an insurance, actuarial, or financial environment is preferred</li><li>Well organized and detail-oriented</li><li>Ability to respond to all communications effectively and in a timely manner</li><li>Flexibility and proven ability to diagnose and resolve issues; strong client service orientation</li><li>Interest and ability to think beyond the task at hand and understand how one’s work fits into the broader landscape</li><li>Fluency in English, written and spoken</li><li>Well-developed verbal communication skills in Czech, Slovak, or another CEE language</li><li>Excellent MS Office knowledge, experience with actuarial software</li><li>Committed to quality; continuously works to achieve the highest quality standards</li></ul>WTW is an equal opportunity employer.

Join Aon to help our clients manage risks in the world of reinsurance - a very innovative and international industry, highly developed in global financial centres such as Zurich, London, Bermuda, Chicago.Actuarial AnalystWe are searching for Actuaries for our actuarial hub for CEE (Central and Eastern Europe) and MENA (Middle East North Africa) based in Prague (Czech Republic) office. The position is suitable if you want to start your career and you don't have any experience yet as well as if you are planning your next step after first years of experience.Why you should be interested?In short way we can offer 2 activities that are not so common for actuaries - stochastic modelling and very diverse work.<ul><li>Diverse work- We are helping insurers in their risk transfer of their business lines and doing things that often insurers are not able to do by themselves. We work for many different clients in CEE and Middle East, where every client has different portfolio, different problems and therefore our work is very diverse and there are many opportunities to learn and further develop.</li><li>Stochastic modelling- We are advising insurers on their risks and we need to see what is happening on extreme events and be able to use risk measures like Value at Risk. Aon developed one of the most used Stochastic modelling tool for Non-Life called Remetrica and all actuaries have access to it. So, you will make stochastic modelling after a few months in the office and quite often.</li></ul>The nature of the work is project-oriented, client-focused and targeted at creative problem solving. You will be exposed to a wide range of insurance and reinsurance products, both traditional and non-traditionalIn more words the role will include:<ul><li>Work with colleagues (brokers, analytics and others) to identify and respond to client needs and develop additional opportunities related to products and services</li><li>You will perform technical analysis and get an innovative insight into insurance companies, their portfolios and reinsurance contracts</li><li>Inventory and manage client as well as industry data with aim to further develop market studies (motor insurance, inflation development, etc.) and develop our internal tools</li><li>Analyse the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modelling (mainly using collective risk model, various distribution fitting techniques for frequencies and severities)</li><li>Assist in preparing client-ready presentations to communicate analysis results to brokers and clients</li></ul>To apply for this offer, you should have:<ul><li>University degree in actuarial sciences (mathematics applied to insurance) on bachelor or master&rsquo;s level</li><li>Proficient knowledge of English</li><li>Proactive and result oriented working style</li><li>Ability to identify and resolve problems, think creatively, strategically, and analytically</li><li>Being able to learn quickly and find new solutions</li><li>Team player mentality, while building up constructive and effective working relationships</li><li>Good computer skills (MS Office) are required, programming skills (R, VBA, Python, etc.) are an advantage</li><li>Knowledge of Solvency II and IFRS 17 is an advantage</li></ul>What we offer:<ul><li>Exciting and varied role in the very international reinsurance industry</li><li>Training to our sophisticated methods, including Remetrica, our stochastic modelling tool</li><li>Opportunity to work for the market leader in the world</li><li>Competitive salary and attractive benefits package including pension scheme contributions, language courses, high quality working conditions in our modern offices in the city center</li><li>Possibility of flexible working</li></ul>How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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 &ldquo;Global Wellbeing Days&rdquo; each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!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.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.Please note applications are available for candidates with valid work permit in Czechia.

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 - a very innovate and very international industry, highly developed in global financial centres such as Zurich, London, Bermuda, Chicago.We are searching for Actuaries for our actuarial hub for CEE (Central and Eastern Europe) and MENA (Middle East North Africa) based in Prague (Czech Republic) office. The position is suitable if you want to start your career and you don't have any experience yet as well as if you are planning your next step after first years of experience.Why you should be interested?In short way we can offer 2 activities that are not so common for actuaries - stochastic modelling and very diverse work.<ul><li>Diverse work- We are helping insurers in their risk transfer of their business lines and doing things that often insurers are not able to do by themselves. We work for many different clients in CEE and Middle East, where every client has different portfolio, different problems and therefore our work is very diverse and there are many opportunities to learn and further develop.</li><li>Stochastic modelling- We are advising insurers on their risks and we need to see what is happening on extreme events and be able to use risk measures like Value at Risk. Aon developed one of the most used Stochastic modelling tool for Non-Life called Remetrica and all actuaries have access to it. So, you will make stochastic modelling after a few months in the office and quite often.</li></ul>The nature of the work is project-oriented, client-focused and targeted at creative problem solving. You will be exposed to a wide range of insurance and reinsurance products, both traditional and non-traditionalIn more words the role will include:<ul><li>Work with colleagues (brokers, analytics and others) to identify and respond to client needs and develop additional opportunities related to products and services</li><li>You will perform technical analysis and get an innovative insight into insurance companies, their portfolios and reinsurance contracts</li><li>Inventory and manage client as well as industry data with aim to further develop market studies (motor insurance, inflation development, etc.) and develop our internal tools</li><li>Analyse the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modelling (mainly using collective risk model, various distribution fitting techniques for frequencies and severities)</li><li>Assist in preparing client-ready presentations to communicate analysis results to brokers and clients</li></ul>To apply for this offer, you should have:<ul><li>University degree in actuarial sciences (mathematics applied to insurance) on master&rsquo;s level</li><li>Proficient knowledge of English</li><li>Proactive and result oriented working style</li><li>Ability to identify and resolve problems, think creatively, strategically, and analytically</li><li>Being able to learn quickly and find new solutions</li><li>Team player mentality, while building up constructive and effective working relationships</li><li>Good computer skills (MS Office) are required, programming skills (R, VBA, Phthon, etc.) are an advantage</li><li>Knowledge of Solvency II and IFRS 17 is an advantage</li></ul>What we offer:<ul><li>Exciting and varied role in the very international reinsurance industry</li><li>Training to our sophisticated methods, including Remetrica, our stochastic modelling tool</li><li>Opportunity to work for the market leader in the world</li><li>Competitive salary and attractive benefits package including pension scheme contributions, language courses, high quality working conditions in our modern offices in the city center</li><li>Possibility of flexible working</li></ul>Please note applications are available for candidates with valid work permit in Czechia.

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