Reinsurance Actuary at AON

What The Day Will Look Like

• Obtain and analyse relevant data from clients to determine trends, patterns and anomalies.
• Set up, test and run model(s) for the client based on their current structures and a range of proposed options.
• Continually discuss and debate results with Analytics and Broking teams.
• Contribute in client meetings and presentations (present analytics segment of the broker’s presentation).
• As required, work closely with brokers and/or clients to identify, research, benchmark, analyse and/or resolve ad hoc client issues (e.g. Claims data; systems improvements; impact and implementation of regulatory changes, etc.)
• Maintain regular contact with key clients through formal and informal means.
• Provide clients with updated information that could impact or interest them, e.g., technical and market developments, surveys, etc.
• Identify needs/ gaps where existing tools, models and processes can be developed or enhanced.
• Constantly scan environment for best practice/ improved ways of doing things.
• Create and enhance templates for generic reporting.
• As required, build/ enhance tools (e.g. for pricing, benchmarking and reporting)
• Document high-level processes and train colleagues on how to use tools.
• Interpret modelling results and incorporate into broader analytical framework.
• As required, assist Executive Head: Analytics in the management of the Analytics team.
• Understand and follow the Aon Leadership Model and take ownership of personal development.
• Maintain personal and professional development.

Skills And Experience That Will Lead To Success

Qualifications.

• Fellow of the Actuarial Society of South Africa (or equivalent) (minimum of 2 years post-qualification experience)
• FAIS registered and compliant advantageous.

Knowledge.

• Climate change understanding and natural perils modelling advantageous.
• Experience in VBA, Python and R coding will be advantageous.
• Experience in ReMetrica or other Dynamic Financial Analysis software will be advantageous.

Skills and Attributes.

• Have advanced MS Office skills, especially advanced Excel.
• Excellent verbal and written and communication skills
• Be analytical, pay attention to detail, solid problem solving skills.
• Sound internal and relationship building skills.
• Strong personal organization and self-management skills.

Experience.

• Proven track-record and minimum 5 – 7 years’ experience in an actuarial re/insurance environment.
• Preferable 3 – 5 years’ experience in short term re/insurance.
• Consulting skills and experience.
• Management and mentoring experience advantageous.