Chicago IL

London

Singapore

Sydney

Toronto

Vienna

Zurich

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Health

Property & Casualty

Reserving

Reporting

Risk

Systems

Python

Modelling

Coding

Motor

Pricing

Valuation

Tyche

Capital

Consulting

Excel

ReMetrica

Igloo

Marine

Connect to your IndustryJoin Deloitte's leading Actuarial Insurance practice and apply your skills in projects reaching beyond traditional actuarial boundaries. You'll work with colleagues and clients in Audit, Tax, Consulting, and Financial Advisory, exposing you to cutting-edge actuarial work in a strategic, consulting, and transactional context. Here you'll develop an impressive range of commercial consulting skills that will increase your career options and opportunities in the market.Connect to your career at DeloitteDeloitte drives progress. Using our vast range of expertise that covers audit, risk advisory, and consulting services across tax, legal, business, technology, and corporate finance, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers with diverse talents and backgrounds and empower them all to reach for and achieve more.What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs, and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.Connect to your opportunityYour role will be focused on providing Capital Modelling support to clients, and key services that you could be involved in include:<ul><li>Advising on the design, build, and maintenance of capital models used to calculate Solvency Capital Requirement (SCR);</li><li>Supporting Major Model Change applications to regulators;</li><li>Carrying out Internal Model Validation;</li><li>Reviewing and carrying out Standard Formula calculations of SCR;</li><li>Supporting reviews of capital as part of Mergers & Acquisitions activity;</li><li>Internal Audit review of our client’s Capital Management processes;</li><li>Understanding changes in regulatory requirements and emerging trends.</li></ul>As a member of the Actuarial Insurance team, you may also support engagements across Reserving, Pricing, Transformation, and Audit.Connect to your skills and professional experienceEssential:<ul><li>Experience in the non-life insurance industry.</li><li>Capital modelling experience (modelling, parameterisation, or internal model validation).</li><li>Knowledge of ReMetrica or Tyche.</li><li>Knowledge of Solvency II regulatory requirements.</li><li>The ability to apply your knowledge in practical and commercial situations.</li><li>Track record of being able to take ownership of and complete packages of work or small projects successfully.</li><li>Some experience of talent development (e.g., performance management for junior team members, mentorship, or coaching of individuals).</li><li>Clear communication skills.</li></ul>Desirable:<ul><li>Close to qualification or newly qualified.</li></ul>Connect to your business - Technology and TransformationDistinctive thinking, deep expertise, innovation, and collaborative working. That’s what connects us. That’s what makes us Deloitte. If you want to help solve some of the biggest tech and transformational challenges around, join us. Together, we’ll make an impact that matters.Human CapitalPeople are what powers enterprise. That’s why we need to focus on the human experience in an ever-changing, digital world. We help clients utilise technology to support their workforce, organisation, and HR Transformations.Personal independenceRegulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints. This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests with audit clients of the firm, and also prohibitions on certain employment relationships.Connect with your colleagues“The great culture, flexibility, and range of experiences that Deloitte offers is what sets this firm apart. In Human Capital, Deloitte is far ahead of any of our immediate competitors.”Sophia, Technology and TransformationOur hybrid working policyYou’ll be based in London with hybrid working.At Deloitte, we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites, and remotely. You’ll get the chance to meet face to face when needed while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing.Our commitment to youMaking an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.We want you. The true you. Your own strengths, perspective, and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.Connect to your next stepA career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.

<ul><li>Join the world's and Asia’s largest reinsurance brokerage</li><li>Work within a highly experienced and technical team</li><li>Hybrid role, ideally based in Sydney or Melbourne</li></ul>Aon is in the business of better decisionsAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world.As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.What the day will look likeJoin our successful and expanding operation as an Actuarial Analyst. You’ll be responsible for performing and reviewing risk assessment and valuation of clients’ portfolios for the purpose of structuring, optimising, and pricing reinsurance.Responsibilities will include:<ul><li>Oversee analysis of client data including catastrophe modelling and small actuarial projects</li><li>Complete complex actuarial projects using techniques such as experience and exposure rating, and making use of stochastic modelling analyses</li><li>Effectively manage stakeholder engagements and communicate results to these stakeholders using written reports and/or presentations</li><li>Provide mentoring for graduate members of the team</li></ul>How this opportunity is differentAon Analytics offers clients industry-leading catastrophe management, actuarial, rating agency advisory and risk and capital strategy expertise. Whether working side-by-side with brokers on risk transfer products or engaging on broader analytic and modelling engagements, our 400+ specialists around the world consistently deliver innovation and thought leadership to clients.Your opportunity to empower results could start right here, be rewarded for your hard work.Skills and experience that will lead to successYou’re comfortable working in a fast paced and dynamic environment and you’re ready to step into a role that combines technical work and client interaction. To be successful you will have:<ul><li>A bachelor’s degree majoring in a relevant field such as actuarial studies, mathematics, or statistics</li><li>Be actuarially qualified or working towards your actuarial qualifications</li><li>Proficient in the use of catastrophe models and relevant actuarial techniques</li><li>Understand the theory and practicalities of stochastic modelling, with a view to be able to run our proprietary software ReMetrica</li><li>Advanced Excel and SQL skills and strong working knowledge of MS Word and presentation software such as PowerPoint</li><li>Strong problem solving and analytical skills</li><li>The ability to work well within a team along with excellent organisation skills and the ability to work autonomously and under pressure</li><li>Self-discipline to manage own workflow and deadlines with excellent communication skills (both oral and written)</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. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work.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.We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application and interview process.

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 Vienna (Austria). 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 your first years of experience.Why you should be interested?We can offer two activities that are not so common for actuaries - stochastic modelling and very diverse work.<ul><li>Diverse work - We help insurers in their risk transfer of their business lines, doing things that often insurers are not able to do by themselves. We work for many different clients in CEE and the Middle East, where every client has a different portfolio and different problems. Therefore, our work is very diverse, providing 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, using 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 engage in 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>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).</li><li>Fluency in German.</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>Ability to learn quickly and find new solutions.</li><li>Team player mentality, while building 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 is an advantage.</li></ul>How this opportunity is different<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. We offer a variety of working style solutions, recognising that flexibility goes beyond just the place of work.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.

Senior Actuarial Consultant – Capital Modeling, P&C InsuranceDo you want to address the capital modeling challenges faced by insurers?Do you want to work as part of a team developing cutting-edge systems for the insurance and reinsurance market?This is a fantastic opportunity for an experienced insurance practitioner to join a collaborative, friendly, dynamic working environment, with the chance to work with high-profile clients.It is a hybrid role that can offer flexibility to work both virtually and from our Chicago office.What the day will look likeWe are looking for a highly motivated individual to join our Risk and Capital Modeling Technology team, which delivers high-quality solutions and projects to support our colleagues and clients.As a key member of our team, you will play a vital role in meeting the expectations of our clients and enhancing Aon’s Capital Modelling Solution Suite, focusing predominantly on the Tyche Capital Model (‘TCM’) and ReMetrica tools.The successful candidate will have strong technical skills, enjoy product development/coding, and work with both clients and team members on bespoke model builds.In addition, they would possess exceptional communication skills and have a capital modeling background.Day-to-day activities will include:<ul><li>Model development:</li></ul>Working in a multi-disciplinary team to design, implement, and review capital modeling solutions for (re)insurers.Leading the development work on new initiatives, including project planning/governance and performing coding tasks as required.Staying up to date on all development work and new software features.<ul><li>Client delivery and prospecting support:</li></ul>Liaising with clients to gather business requirements on bespoke model builds and perform development tasks as the technical leader.Assisting in onboarding new clients and implementation projects, working with the US P&C Actuarial Consulting team and the Platform Delivery team.Delivering demos of Tyche and TCM to prospects and existing clients.Supporting prospecting of new opportunities through trials.<ul><li>Team-centric outlook:</li></ul>Collaborating with other team members, including those in the London office.Supporting and training users of our systems.Communicating (written and verbal) with internal key stakeholders and clients.Required Qualifications<ul><li>5+ years of experience in the P&C Insurance sector in an actuarial role.</li><li>2+ years of experience in the P&C Insurance sector in a risk and/or capital modeling role.</li><li>2+ years of experience in coding (Python, SQL desirable) and developing modeling solutions.</li><li>Technical knowledge of capital modeling techniques.</li></ul>Education: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, a related field, or equivalent years of industry experience.Skills and experience that will lead to success<ul><li>Knowledge of rating agency and/or regulatory capital modeling framework(s).</li><li>Knowledge of stochastic financial modeling software.</li><li>Knowledge of Tyche would be advantageous.</li><li>Experience leading and managing development projects and/or teams.</li></ul>How we support our colleaguesAon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including a 401(k) savings plan with employer contributions; an employee stock purchase plan; medical, dental and vision insurance; paid time off, including 12 paid holidays throughout the calendar year; and short-term disability.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.We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.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.Pay Transparency Laws:The salary range for this position is $125,000 to $150,000 annually. The actual salary will vary based on the applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data.This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary.

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Actuarial &amp; Analytics business group within Aon Risk Solutions, in Toronto, Ontario, or elsewhere with travel.As a Senior Vice President &amp; Senior Actuary, you will report directly to Senior Vice President &amp; National Practice Leader and have direct reports which include entry to mid-level colleagues.Aon is in the business of better decisionsAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world.As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.What the day will look likeDistinctive client value<ul><li>Leading a team of actuaries undertaking work for insurance companies and Commercial Risk clients including providing leadership regarding product development and quality of work output.</li><li>Adherence to the quality control framework as well as continuous improvement</li><li>Providing leadership for both ongoing work and projects in relation to data management, rating manual development and fleet software tool delivery and enhancements, loss forecasting, accruals, self-insurance funds, ORSA, FCT and cash flow analysis</li><li>Collecting and organizing data in support of the insurance company consulting business</li><li>Maintaining effective relationships with staff members within the Aon network</li><li>Maintain client relationships and participate in the building of new ones.</li><li>Execute on client services needs both routine and unique.</li><li>Support the National Practice Leader with business development.</li></ul>Unmatched Teams:<ul><li>Communicates with team members in a constructive manner, regularly provides unsolicited feedback.</li><li>Develops people by providing ongoing coaching and feedback, provides opportunities for others to increase knowledge and responsibilities.</li><li>Holds direct reports accountable for their performance; effectively leads/manages others to produce results.</li><li>Identifies and encourages high-potential, diverse talent through individual development plans and consideration in succession planning.</li><li>Live Diversity and Inclusiveness on a day-to-day basis valuing the expertise of different skills on the team.</li></ul>Innovation:<ul><li>Provides direction and holds Leaders and team members responsible for driving prioritized critical initiatives during the year.</li><li>Actively contributes to the AGRC Leadership regarding strategy and creation of a learning organization.</li><li>Actively contributes ideas toward developing the strategic vision of the practice; develops specific action plans for newly identified critical initiatives and assembles teams.</li><li>Supports a culture of innovation and thought leadership, personally contributes to innovation, or thought leadership efforts.</li><li>Contributes ideas and participates in AGRC global initiatives.</li><li>Is committed to the strategy and growth of AGRC Americas practice groups outside area of expertise.</li><li>Develops innovative ways to bring different AGRC Americas practice groups together to bring unique solutions to our clients.</li></ul>Results:<ul><li>Manages timely delivery of forecasts, budgets, and other operational information to Aon Global Risk Executive Management.</li></ul>Values:<ul><li>Acts with integrity always and works every day in a way that positively impacts our clients, colleagues and communities.</li></ul>How this opportunity is differentWe are looking to hire an experienced an Other than life &ldquo;Commercial Risk&rdquo; insurance actuary to support the Capital &amp; Risk function in Canada. Within this role, you will be knowledgeable about enterprise risk management with strong analytical skills and the ability to build upon the existing framework and expand risk modeling tools, risk analysis and risk mitigation processes to assist in the enhancement of ERM for AON legal entities across various regulatory jurisdictions.As an Risk Managing Actuary, you will report directly to Senior Vice President &amp; National Practice Leader and have direct reports which include entry to mid-level colleagues.Skills and experience that will lead to success.<ul><li>FCAS is required.</li><li>Strong communication skills</li><li>Require strong computer skills; knowledge of ReservePro, @Risk ReMetrica and R would be valuable and</li><li>Previous leadership experience preferred.</li><li>Ability to lead and motivate a team.</li><li>Assist with business development.</li><li>Client relationship focused.</li><li>Excellent interpersonal, communication and presentation skills</li><li>Strong organization skills and the ability to prioritize under pressure of competing deadlines.</li><li>Strong business acumen</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.

Analyst, Analytics ActuarialAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.What the day will look like<ul><li>Take on responsibility as actuarial territorial contact, liaising with clients and colleagues to establish client project objectives, outcomes, and manage these projects.</li><li>Play a proactive role in establishing and upholding actuarial best practice including technical peer review with potential scope to participate on the regional Actuarial Practice Group (APG)</li><li>Do presentations and conduct training sessions relating to actuarial work and methods, ensuring the effective and efficient communication of concepts and key outcomes to both colleagues and clients</li><li>Experience in various actuarial pricing techniques such as experience and exposure rating.</li><li>High level of proficiency in dynamic financial analysis (DFA) for the purposes of reinsurance optimisation and reinsurance pricing.</li><li>An understanding of the various reinsurance structures to manage risk and implementation of them within the modelling framework</li></ul>How this opportunity is differentThe role will focus on assisting clients in understanding their exposure to risk and determining the optimal reinsurance arrangements in order to meet their risk, return and capital requirements. Our team consists of actuaries, catastrophe modellers, engineers, financial analysts and GIS experts. Responsibilities will involve interacting with analytics, brokers and clients throughout the Asia-Pacific region.Skills and experience that will lead to success<ul><li>University graduate in Actuarial Studies or related fields such as mathematics, finance or statistical studies</li><li>Working towards associate/fellowship qualification with a recognised Actuarial institute</li><li>Experience in reinsurance or insurance industry working in analytical roles, direct insurance related experience on insurance pricing, reserving or capital modelling/management is required</li><li>Experience in using our proprietary modelling software ReMetrica for reinsurance optimisation and reinsurance pricing viewed as advantageous</li><li>Strong computer skills in MS Office suites (Excel, Word, PowerPoint, and Outlook)</li><li>Experience with, and understanding of Catastrophe models and their relevant outputs is required.</li><li>Ability to use complex computer programs, to organize and cleanse data, to analyse primary company coverage and reinsurance contracts, and to present information to clients clearly.</li><li>Strong interpersonal skills and the ability to interface with all levels within the corporation and various business units.</li><li>Ability to travel within the Asia region to facilitate client presentations, seminars and conferences as required.</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 "Global Wellbeing Days" 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.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.

Location: Angel Court, London / Hybrid working with 1-2 days per week in London officeSalary: £70,000 base, 10% bonus, Pension, Private Medical InsuranceWe’re a leading health insurer and healthcare provider, with care homes, health centres, dental practices and a hospital. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Your input will support Bupa to deliver on our purpose, helping people live longer, healthier, happier lives.Bupa has 43 million customers globally and revenue in 2022 was circa £14 billion. Passionate about sustainability, Bupa’s ambition is to be net-zero by 2040.We are looking for a nearly or newly qualified Capital Actuary to join our Group Actuarial team at Bupa’s London office. This is a broad role in which you will enjoy significant exposure to our senior leadership teams at Bupa – including our Chief Actuaries and Finance Directors. Further, you will build strong relationships with our global business areas.Responsibilities:<ul><li>Plan and deliver the annual capital assessment including developing and maintaining the Economic Capital Model for Bupa Group and Bupa Insurance entity, with particular emphasis on the methodology, risk calibration, dependency/aggregation, validation and analysis of economic capital requirements.</li><li>Assist the modelling and risk calibrations update process, maintain the model documentations and prepare reports of the modelled results in line with Bupa Enterprise Risk Policies and Standards.</li><li>Prepare the analysis and associated investigations to risk calibration models, participate in workshop discussions with key stakeholders in both insurance and healthcare provision businesses.</li><li>Implement modelling changes to the Capital Modelling platform (Aon ReMetrica) and ensure the underlying change processes are properly controlled, documented and reliably produce required outputs.</li><li>Support the development and embedding of Economic Capital models across Bupa, enabling the capital models to be used as a tool to support business decisions including risk appetite review, investment strategy, capital allocation, capital optimisation and business scenario analyses.</li><li>Analyse capital adequacy regulations to ensure Bupa complies with all relevant regulatory requirements; drive continuous improvement in capital models, data transformation, methods and assumptions, process and controls</li><li>Prepare the capital requirements reporting content for reports to the Executive, Board and Bupa's regulators e.g. ORSA, SFCR</li><li>Develop business solutions to challenges and opportunities that arise</li></ul>Requirements:<ul><li>Newly / nearly qualified Actuary (e.g. IFoA)</li><li>General, Health or Life Insurance background</li><li>Previous exposure to capital modelling techniques and reporting</li><li>Aon Re-Metrica or Aon Tyche software knowledge is an advantage, but not essential</li><li>Gravitas to engage with Executive leaders at Bupa</li><li>Proactive mindset, ability to work independently</li><li>Ambition and drive!</li></ul>Benefits at BupaOur benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. Benefits include:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan &amp; life insurance</li><li>Annual performance-based bonus</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives.Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

<ul><li>£70,000 base, 10% bonus, Pension, Private Medical Insurance</li><li>UK / Hybrid (1-2 days in London office)</li></ul>The Capital Actuary is a key role in a niche Group Actuary team at Bupa’s London office. This is a broad role in which you will enjoy significant exposure to senior leaders at Bupa – including our Chief Actuary and Finance Directors. Further, you will build strong relationships with our global teams.About BupaWe’re a leading health insurer and healthcare provider, with care homes, health centres, dental practices and a hospital. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Your input will support Bupa to deliver on our purpose, helping people live longer, healthier, happier lives.Bupa has 43 million customers globally and revenue in 2022 was circa £14 billion. Passionate about sustainability, Bupa’s ambition is to be net-zero by 2040.What you'll be doing…<ul><li>Support the development and embedding of Economic Capital models across Bupa, enabling the capital models to be used as a tool to support business decisions and initiatives to optimise Bupa’s risk profile</li><li>Assist the modelling and risk calibrations update process</li><li>Prepare the analysis and associated investigations to risk calibration models</li><li>Implement modelling changes to the Capital Modelling platform (Aon ReMetrica)</li><li>Prepare the capital requirements reporting content for reports to the Executive, Board and Bupa's regulators</li><li>Develop business solutions to challenges and opportunities that arise</li><li>Partner with Bupa’s global finance / actuarial teams (UK / Europe / Asia Pacific / South America)</li><li>Support the Actuarial Director in this broad role, operating in a high calibre niche team</li></ul>Who we’re looking for?<ul><li>Newly / nearly qualified Actuary (e.g. IFoA)</li><li>General, Health or Life Insurance background</li><li>Previous exposure to capital modelling techniques and reporting including risk calibrations for economic capital</li><li>Gravitas to engage with Executive leaders at Bupa</li><li>Proactive mindset, ability to work independently</li><li>Ambition and drive!</li></ul>Benefits at BupaOur benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. Benefits include:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan &amp; life insurance</li><li>Annual performance-based bonus</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives.Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.In Switzerland, Aon includes Aon Reinsurance, Aon Retirement &amp; Investment and Aon Commercial Risk Solutions, Health &amp; Affinity with around 350 employees in Basel, Lugano, Neuch&acirc;tel, Nyon, Wollerau, Zug and Zurich. To strengthen our team in Zurich we are looking for a:About the roleThe Actuarial Consultant works in the multinational team of actuaries on consulting projects in the EMEA region. The main focus is on the support of Aon&rsquo;s insurance brokers with the structuring and placing of complex insurance programs for large multinational clients and on regulatory tasks associated with Aon&rsquo;s non-life captive clients.This role offers a fantastic opportunity to work on and further develop core actuarial competencies connected to structuring and pricing of insurance solutions that help clients manage and optimize their risk financing needs. It will also allow to strengthen the individual actuary&rsquo;s capabilities related to regulatory tasks such are solvency and reserving calculations. Furthermore, the role involves projects for different classes of insurance and for clients from all industries.The Actuarial Consultant works in a multinational team of actuaries in close cooperation with risk financing consultants, captive management specialists and insurance brokers.Key Responsibilities<ul><li>Support Aon&rsquo;s brokers and account executives in the structuring, pricing and analyzing of complex insurance programs of large corporate clients in the EMEA region</li><li>Engage in risk finance consulting projects for Aon clients and provide the necessary quantitative support for the total cost of risk optimization, optimal retention/risk financing structure analysis, risk tolerance and risk appetite modelling, loss forecasting, nat cat modelling, pricing review (second opinion), data analytics for the evaluation for risk improvement measures, pricing and structuring of non-traditional solutions (e.g. parametric covers, Multi-line Multi-year etc.) and other data analytics projects</li><li>Support current captive clients in their regulatory filings in the Swiss (SST) and the European (Solvency II) regulatory solvency regime and the following reporting activities:
 <ul><li>Reserving</li><li>Solvency Calculation and Reporting</li><li>Statement of Actuarial Opinion</li></ul></li><li>Work on new service offerings and business development</li><li>Engages in the training and on-the-job development of other actuaries</li></ul>Requirements<ul><li>Can do-attitude and high level of motivation to deliver results</li><li>4-7 years of work experience</li><li>Qualified or close to becoming a qualified actuary in one of the recognized actuarial bodies or associations</li><li>Have relevant experience in the below subjects:</li><li>Pricing and structuring of standard and non-standard re/insurance contracts for in various lines of business (property, liability, marine, cyber, trade credit etc.)</li><li>Using stochastic modelling tools (Remetrica, Tyche, Igloo) for pricing or capital calculation</li><li>Knowledge of Aon&rsquo;s proprietary Remetrica tool will be considered an asset</li><li>Usage of natural catastrophe models (Impact Forecasting, AIR/Verisk, RMS) or having experience in using results from these Nat Cat models in the pricing and capital calculation as well as insurance limit verification</li><li>Insurance company capital management in Swiss or Solvency II regulatory regime</li><li>Performance of capital and reserving calculations for re/insurance companies</li><li>Master's degree in applied actuarial science, applied mathematics, physics or economics</li><li>Proficiency in the English language is a must; knowledge of German or French will be considered an asset</li></ul>

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