Legacy Actuary
AON
Legacy Actuary
We’re hiring!
Aon are currently recruiting a Legacy Actuary to join our team in London. The Legacy Actuary will be primarily responsible for: Data submission preparation, including presenting to clients, markets and stakeholders Conducting ‘in-house’ reviews of the reserving adequacy of client portfolios to support the data submission and legacy broking process, using a variety of actuarial pricing techniques
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 organisation, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.
About the Role
Your impact as a Legacy Actuary :
+ Data submission preparation, including addressing clients, markets and stakeholders
+ Conducting ‘in-house’ reviews of the reserving adequacy of client portfolios to support the data submission and legacy broking process, using a variety of actuarial pricing techniques
+ Working closely with the legacy brokers to support the adequacy of reserves to reinsurer markets
+ Building models to support benchmark pricing for clients and to analyse NBIs and Binding Bids
+ Development of a model to reflect key legacy reinsurer pricing considerations and support IRR calculations
+ Playing a proactive role in establishing and upholding actuarial standard process, giving actuarial advice, and promote actuarial expertise internally.
+ Training and mentoring.
+ Client relationship management.
+ Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests, or reputation of any Group Company.
Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
About you
Your knowledge and expertise:
+ A highly numerate graduate, with significant previous experience in (re)insurance pricing, reserving and capital modelling
+ Experience in the London Market or reinsurance is vital
+ Working with a legacy reinsurance carrier is necessary
+ Analytical skills – strong data analysis and manipulation
+ Expert user in Excel and other Microsoft Office products
+ Strong communicator – presenting sophisticated ideas simply
+ Strong time management skills – handling several projects at the same time
+ Strong project management skills – structuring, building, and coordinating project plans clearly and simply
+ Critical thinking – problem diagnosis and problem solving
+ Creative, innovative, and logical thinking
+ Excellent attention to detail
+ Ability to build and maintain positive relationships
Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare and additional holiday. We also offer tremendous potential with a growing worldwide organisation.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.
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 and inclusive 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, colour, 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. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
Li-in1
2562926 Legacy Actuary
We’re hiring!
Aon are currently recruiting a Legacy Actuary to join our team in London. The Legacy Actuary will be primarily responsible for: Data submission preparation, including presenting to clients, markets and stakeholders Conducting ‘in-house’ reviews of the reserving adequacy of client portfolios to support the data submission and legacy broking process, using a variety of actuarial pricing techniques
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 organisation, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.
About the Role
Your impact as a Legacy Actuary :
+ Data submission preparation, including addressing clients, markets and stakeholders
+ Conducting ‘in-house’ reviews of the reserving adequacy of client portfolios to support the data submission and legacy broking process, using a variety of actuarial pricing techniques
+ Working closely with the legacy brokers to support the adequacy of reserves to reinsurer markets
+ Building models to support benchmark pricing for clients and to analyse NBIs and Binding Bids
+ Development of a model to reflect key legacy reinsurer pricing considerations and support IRR calculations
+ Playing a proactive role in establishing and upholding actuarial standard process, giving actuarial advice, and promote actuarial expertise internally.
+ Training and mentoring.
+ Client relationship management.
+ Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests, or reputation of any Group Company.
Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
About you
Your knowledge and expertise:
+ A highly numerate graduate, with significant previous experience in (re)insurance pricing, reserving and capital modelling
+ Experience in the London Market or reinsurance is vital
+ Working with a legacy reinsurance carrier is necessary
+ Analytical skills – strong data analysis and manipulation
+ Expert user in Excel and other Microsoft Office products
+ Strong communicator – presenting sophisticated ideas simply
+ Strong time management skills – handling several projects at the same time
+ Strong project management skills – structuring, building, and coordinating project plans clearly and simply
+ Critical thinking – problem diagnosis and problem solving
+ Creative, innovative, and logical thinking
+ Excellent attention to detail
+ Ability to build and maintain positive relationships
Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare and additional holiday. We also offer tremendous potential with a growing worldwide organisation.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.
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 and inclusive 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, colour, 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. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
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