Bangalore

Chicago IL

Gurgaon

London

York

Zurich

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Data

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Prophet

Coding

Motor

Pricing

Machine Learning

MoSes

Tyche

Capital

Consulting

Excel

ReMetrica

Igloo

Marine

Contract

Psicle

Capital Actuary Analyst (6m FTC)Company: Munich Re Specialty - Global MarketsLocation: London, United KingdomAt Munich Re Specialty Group (MRSG), individuality and intellectual curiosity are key drivers for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge.We are committed to building a strong and inclusive culture where everyone is welcomed and valued for their own expression of self-identity.About usMRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan, and Dubai.Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit, Property, Contingency, and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create, and build – to enable people and businesses to thrive.Role OverviewProvision of actuarial capital support to the Syndicate, while developing modelling and actuarial skills. In particular, this includes:<ul><li>Supporting the provision of accurate and timely SCR and capital related figures.</li><li>Maintaining the Internal Model (IM).</li><li>Checking and validating the IM and associated changes.</li><li>Assisting with parameterisation and validation of the IM and associated documentation, including data analysis and cleansing, updating documentation on model changes, and developing understanding of the internal model.</li><li>Populating Lloyds required data.</li></ul>The Role<ul><li>Develop a deep understanding of capital modelling, its regulations, and importance to the Syndicate.</li><li>Further develop Tyche skills and code increasingly complex model changes in the IM.</li><li>Develop current knowledge and understanding of the IM.</li><li>Provide suggestions on possible future changes to the IM, including identifying its requirements, advantages, and disadvantages.</li><li>Data analysis to support the inputs of the IM, including data checking, review, and distributional fitting.</li><li>Support the work of the capital modelling team, including running the model, updating inputs, providing outputs, and documentation.</li><li>Use and suggest updates to supporting documentation, particularly for processes.</li><li>Carry out validation analyses as needed, assist with resolution of validation issues, and prepare primary validation report for the Director of Risk & Compliance.</li><li>Undertake actuarial examinations to qualify as an actuary.</li><li>Develop basic (level 1) knowledge and understanding of Lloyd’s rules and regulations.</li><li>Assist where required to support the wider Actuarial Function.</li><li>Help drive forward good conduct for the business to deliver the best outcomes for customers and policyholders.</li></ul>What we are looking for<ul><li>Practical experience in a General Insurer or preferably a Lloyd’s Syndicate.</li><li>Good numerate degree.</li><li>Good IT skills (minimum of Excel, preferably SQL and some programming experience in Tyche desirable).</li><li>Intermediate knowledge and understanding of:
<ul><li>Underlying principles of Reinsurance and operation of reinsurance programmes.</li><li>Capital Modelling.</li><li>Underlying principles of Insurance.</li><li>Solvency II reporting requirements and basis of calculations.</li><li>Actuarial techniques.</li><li>Capital Modelling process, coding, and the IM.</li></ul></li><li>Developing detailed knowledge of actuarial methods and techniques, and the ability to apply them in practice, making reasoned judgements within a business environment.</li><li>Good working knowledge of statistical methods.</li><li>Desire to develop and maintain current market knowledge on practices and regulation.</li><li>Willingness to continue to develop knowledge of any related issues.</li><li>Ability to work relatively independently, while understanding limitations and when to ask for advice.</li><li>Capital Actuarial Experience is desirable, ideally in a GI setting, but not essential.</li><li>Some actuarial exam progress (though not essential).</li></ul>Your career with usAt MRSG, you’ll find the flexibility, development, and support you need to excel in your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance.Diversity & InclusionCreating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We seek to provide a fair and supportive work environment that offers learning and development opportunities for all.Working together, we are an employer of choice by building the workforce for today and the future.Push Boundaries. With us. | Munich Re

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.

Actuarial Model Data EngineerLondon – Hybrid working, 2 days per week in the officeAt Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. We all work together to be brilliant for customers, every single day.Our Corporate Actuarial teams deal with risk on a billion-pound scale. They calculate the risks and potential claims from across the organisation using market-leading techniques to maximise profitability and ensure business-wide connection.What you’ll be doingThe purpose of this role is to support the Lead Data Engineer in developing and maintaining robust data solutions for the Actuarial reserving team.<ul><li>Support the Lead Data Engineer with the development of the data modelling systems.</li><li>Develop new integrations for Claims and policy data, ensuring controls and reconciliations are in place to ensure the robustness of data.</li><li>Undertake the testing of new interfaces using tools such as Python and SAS enterprise to reconcile and identify outliers.</li><li>Ensure adoption of best practices in terms of data procurement, version control, governance, and maintenance.</li><li>Ensure that data governance and controls are followed to maintain data integrity and robustness of the models.</li><li>Improve the quality of MI and manage competing MI/data requests.</li><li>Provide analytical support and insight to inform business decisions and strategy, ensuring robustness of output.</li><li>Deliver specific tasks and projects in a timely and accurate manner, providing insights, impacts, and recommendations.</li><li>Identify opportunities for improvements to enable tasks to be performed more efficiently.</li><li>Monitor the effectiveness of models on an ongoing basis and suggest areas for development.</li><li>Interact effectively with peers in other areas to improve knowledge sharing and understand the impacts of your work.</li><li>Build knowledge of reserving and capital modelling systems and processes; develop your business and market knowledge.</li><li>Reinforce the culture and core values of DLG Insurance through appropriate behaviours and actions.</li><li>Comply with all relevant legal, regulatory, and risk management frameworks.</li><li>Own and manage risks appropriate to the role in line with the DLG Insurance risk framework.</li></ul>What you’ll need<ul><li>Relevant work experience within a data analytical role.</li><li>Good understanding of data quality principles.</li><li>Working knowledge and experience in the use of SAS, R, or Python (coding and writing data manipulation).</li><li>Experienced SQL developer.</li><li>Experience in the use of analytical tools and techniques for analysing large datasets.</li><li>Strong mathematical and Excel skills.</li><li>Passionate about modelling development, data science, and machine learning techniques.</li><li>Understanding of process orchestration, workflow, and ETL tools.</li><li>Understanding of Claims Analytics would be beneficial but not essential.</li><li>Experience using Psicle, Tyche, or other Actuarial modelling tools would be beneficial but not essential.</li></ul>BenefitsWe offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working. Core benefits include:<ul><li>9% employer contributed pension.</li><li>50% off home, motor, and pet insurance plus free travel insurance and breakdown cover.</li><li>Up to 10% annual bonus.</li><li>25 days holiday (rising by 1 each year to 28) + bank holidays and the option to buy or sell up to 5 days.</li><li>Additional optional Health and Dental insurance.</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax-efficient way.</li><li>Buy as you earn share scheme.</li><li>Employee discounts and cashback.</li><li>Plus many more.</li></ul>Ways of WorkingOur hybrid model offers a 'best of both worlds' approach, combining home and office-working, providing flexibility for everyone. Most colleagues are in 2 days a week, and we’ll consider the flexible working options that work best for you.There’s no one else like you. That’s why you could belong here. As part of a team of brilliant individuals, you will be empowered to be the best you can be. We’re proud of who we are and what every single one of us brings.Join us. Help us keep innovating and putting customers at the heart of everything.Together we’re one of a kind.

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.

People Manager role: YesRequired education and certifications critical for the role:<ul><li>Graduate, numerate degree preferred such as Mathematics / Statistics / Economics</li><li>Qualified, or part qualified actuary. (Knowledge of SP7 and SP8 exam is must)</li></ul>Required experience for the role:<ul><li>Minimum work experience of 7 years in Consulting or Insurance companies, Of this, a minimum of 4 years’ experience in P&C reserving (GAAP, Solvency II, IFRS)</li><li>People Management experience, leading a team of 2-3 resources and taking ownership of the delivery of the team.</li></ul>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 organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.INFORMATION ABOUT THE BUSINESSSTG is Aon’s new global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry. The business provides strategy consulting, technology solutions and advisory services to many of the most prestigious companies in Global (Re)insurance. Aon’s software platform, Tyche, is used by some of the largest life, non-life, composite and pension firms worldwide, which benefit from the ground-breaking capabilities that Tyche gives them.Having successfully implemented Tyche solutions to clients for reserving purposes, we now need additional resources like you to bolster our existing team for a market-changing actuarial model development project. Our objective is that our clients will be able to run their entire reserving process in one end-to-end reserving system in Tyche.JOB ROLES & RESPONSIBILITIESAs a key member of our team you will play a vital role in meeting the expectations of our clients through leading and managing teams of Consultants who are delivering high quality cutting-edge reserving solutions via the adoption of Aon’s Tyche Reserving System (TRS). This role will encompass a wide variety of work. Initially, you can expect to be involved with the following:<ul><li>Reserving system development. This will involve managing and overseeing development work by liaising with clients to gather business requirements, designing, implementing and reviewing the solution, and developing automated testing frameworks.</li><li>Sales support. Supporting the sales process for Tyche and TRS through proof of concept exercises and trials.</li></ul>Day to day activities will include:<ul><li>Managing and overseeing development work from a technical business perspective</li><li>Liaising with clients to gather business requirements</li><li>Working in a multi-disciplinary team to design, implement, and review actuarial system developments</li><li>Supporting and training users of our systems</li><li>Supporting the sales process through proof of concept exercises and trials</li><li>There will also be the opportunity to get involved in helping support the career development and growth of other actuarial team members through line management and mentoring responsibilities.</li></ul>SKILLS/COMPETENCIES REQUIRED<ul><li>A self-motivated team player that works collaboratively</li><li>Good communicator with the ability to adapt to suit different audiences, and good at building relationships</li><li>Excellent organisational skills</li><li>Experience of overseeing the delivery of and/or developing actuarial tools</li><li>Experience of coding, Python or SQL are desirable</li><li>Exemplify analytical and problem-solving skills</li></ul>HOW WE SUPPORT OUR COLLEAGUESIn addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves.We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it! Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.

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.

We are seeking skilled and talented Actuarial Model developers to join our Cash Flow Modelling team in APAC. The incumbent would be working to shape the future of actuarial modelling using Aon's Tyche Life product suite for the Life (re)insurance industry. This is a hybrid role with the flexibility to work both virtually and from our Gurgaon office.At 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.The focus of the day will be building and delivering cash flow models for life (re)insurers in APAC. This is very much a hands-on modelling role, and hence day-by-day activity will primarily be development of cash flow models in Tyche. Many implementations will involve the Tyche Model Generator (TMG) - the unique solution enabling Cash Flow models to be built exceptionally rapidly first in Excel with automated conversion to Tyche.You will get involved in a wide range of projects including internal Library Code developments, pre-sales "Proof of Concepts" as well as client implementations. As a senior in the team, you will be given responsibility not just to code models directly but also to oversee more junior members of the team, providing leadership and/or mentoring to guide them as they develop their Tyche life skills within Aon.Aon acquired the Tyche software suite in 2022 with a vision for Tyche to be at the heart of its new Strategy and Technology Group (STG). Aon believes Life (re)insurance actuarial technology is ready to be shaken up and through this role you will work with the Head of Life and the Sales teams to lead the change in APAC markets. In particular, you will engage with clients at the sharp end to see Aon's vision implemented. You will need to buy into this vision and be an advocate or evangelist within Aon and with our clients to see it implemented.Skills and experience that will lead to success<ul><li>Expertise in actuarial models in an APAC market(s) - gained from 2 - 8 years as an actuarial model developer.</li><li>Coding skills - typically evidenced through actuarial modelling in solutions such as Prophet, MoSes/RiskAgility FM, or in open source software such as Python.</li><li>Strong analytical and problem-solving skills.</li><li>Self-motivated team player that works collaboratively.</li><li>Strong communicator with the ability to adapt to suit different audiences, and good at building relationships.</li><li>Excellent organizational skills.</li><li>Ability to work under pressure: proactive, shows resolve and adapts to evolving situations.</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 recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

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>

Actuarial Developer - £30,000 - £50,000This role would suit someone who is looking to join a new team within Bulk Purchase Annuity (BPA) which is one of the largest growth areas in the UK insurance market.We are creating a new focused actuarial change team to develop and maintain a robust, efficient actuarial reporting capability thereby supporting the ongoing change portfolio for BPA business and ensuring the continuing the accuracy and business understanding of BPA Financial Reporting results.This role is key to developing and maintaining the BPA Actuarial Reporting model to ensure it remains fit for purpose and accurately reflects the continually evolving features of the business from ‘win’ through migration from pricing data and systems to reporting from the live administration system.Skills and experience we’re looking for:<ul><li>Strong model development/coding skills with experience of developing actuarial valuation models in some, or all of, Prophet, VBA, C# or Tyche</li><li>Understanding of financial reporting metrics including IFRS and Solvency II</li><li>Experience of developing actuarial valuation models and data</li><li>Understanding of annuity/bulk purchase annuity products</li><li>Attention to detail and numerate, as well as having an ability to analyse complex problems</li></ul>What you’ll get for this role:<ul><li>Starting salary between £30,000 – £50,000 depending on location, skills, experience, and qualifications</li><li>Generous pension (starting level Aviva contributes 8% when you contribute 2%)</li><li>Eligibility for annual performance bonus</li><li>Family friendly parental and carer’s leave</li><li>29 days holiday per year plus bank holidays and the option to buy/sell up to 5 additional days</li><li>Up to 40% discount for Aviva products</li><li>Brilliant flexible benefits including electric cars</li><li>Aviva Matching Share Plan and Save As You Earn scheme</li><li>21 volunteering hours per year</li></ul>Aviva is for everyone:We are inclusive – we want applications from people with diverse backgrounds and experiences.Excited but not sure you tick every box? Research tells us that women, particularly, feel this way.  So, regardless of gender, why not apply. And if you’re in a job share just apply as a pair.We flex locations, hours and working patterns to suit our customers, business, and you.Most of our people are smart working – spending around 60% of their time in our offices and 40% at home.To find out more about working at Aviva take a look hereWe interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.We’d love it if you could submit your application online. If you require an alternative method of applying, please give Guv Johal a call on 0750 008 7919 or send an email to Guv.Johal&#64;aviva.com.

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