Senior Actuarial Consultant- Capital Modeling (VIRTUAL)

Senior Actuarial Consultant (Capital Modeling Technology, STG)

Location: Remote

Aon's Strategy and Technology Group (STG) are seeking a senior actuarial consultant to join their technology team and help to accelerate the development of their risk and capital modeling software suite. STG is Aon's global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry.

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 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

This role is for an individual with an actuarial background who wants their coding skills to be at the forefront of their daily activities. The successful candidate will have strong technical skills, enjoy product development, and collaborate with both clients and team members on bespoke model builds. In addition, they would possess exceptional communication skills and have a capital modeling background.

How this opportunity is different

Aon's software platform, Tyche, is one of the modelling software tools within Aon's Capital Modelling Solution Suite, used by some of the largest insurance and reinsurance firms worldwide, which benefit from the ground-breaking capabilities that Tyche gives them. Our consulting team provides a full breadth of actuarial services including Tyche implementations and developing solutions in Tyche. We have a strong team of exceptional developers, and our IT team offer fully hosted solutions.

If you are an ambitious person, this role provides an excellent opportunity to work and learn in a collaborative team, while developing cutting-edge risk and capital modeling software. We have career development paths, support the actuarial exams, and promote from within first.

Job Responsibilities

• Work in a multidisciplinary team to design, implement, and review capital modeling solutions for (re)insurers and lead the development work on new initiatives.
• Liaise with clients to gather business requirements on bespoke model builds and perform development tasks as the technical leader.
• Deliver demos and support prospecting through trials.
• Assist in on-boarding new clients and implementation projects (working with the P&C Actuarial Consulting team and the Platform Delivery team).
• Collaborate with other team members world-wide and mentor junior team members.

Required Qualifications

• 5+ year of actuarial P&C insurance experience
• 2+ years of P&C risk and/or capital modeling experience
• 2+ years of experience coding (Python, SQL desirable) and developing modeling solutions
• Technical knowledge of capital modeling techniques (minimum of 2 years)
• A bachelor's degree in mathematics, Statistics, Actuarial Science, Computer Science or a similar field

Skills and experience that will lead to success

• Knowledge of rating agency and/or regulatory capital modeling framework(s)
• Knowledge of stochastic financial modeling software
• Experience leading and managing development projects and/or teams
• A strong communicator, who is good at building relationships
• An independent, self-motivated individual that works collaboratively within a team and is adaptable in times of change

How we support our colleagues

In 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!

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. People with criminal histories are encouraged to apply.

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. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

The salary range for this position (intended for U.S. applicants) is $125k-$150k annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.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. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision insurance. This role does not accrue vacation. Rather, this role is eligible to take paid time off at the discretion of the employee and management in accordance with company policy and practices. Various other types of leaves of absence; paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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