Actuarial Analyst

Posting Description:
**Actuarial Analyst - Reinsurance Analytics**:
Do you have a degree in Actuarial Science? Have you worked in in insurance/reinsurance? Read on

Aon Re Africa is recruiting an Actuarial Analyst in your Reinsurance Analytics department, based on a hybrid basis from our Head Office in Sandton.

The actuarial analyst supports the broking function by providing analytical and/or statistical information, structures and solutions by liaising with clients and the broader Aon Reinsurance team.

**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**:
Liaise closely with analytics team, brokers and clients to identify client needs

Create, test and run models for clients based on their current structures in order to provide a range of proposed options and solutions.

Analyse results and make recommendations to the Broking teams.

Keep up to date with trends, best practice solutions and suggest improvements where possible.

Create and enhance reporting templates.

Create and enhance tools for pricing, benchmarking etc.

Document processes and train colleagues on how to use the tools.

Obtain and analyse relevant data from clients to determine trends, patterns and anomalies.

Maintain market information databases and analyse market trends.

Provide ongoing support to Brokers in terms of using the market data for benchmarking and reporting.

Assist with data preparation and model runs for catastrophe management.

Interpret catastrophe modelling results and incorporate into a broader analytical framework.

Identify opportunities and the need to develop new tools and/or upgrade and enhance existing tools and models and processes. (E.g., pricing, benchmarking and reporting).

Responsible for engaging in business development and/or contributing directly or indirectly to all business development efforts in Aon South Africa.

**Skills and experience that will lead to success**:
**Qualifications.**
- Grade 12 (matric).
- A bachelor’s degree with majors in actuarial science and/or statistics.
- First level regulatory examination for representatives.

**Knowledge.**
- Advanced computer literacy, especially MS office, including advanced Excel skills.
- Proficiency in data analytic software, e.g. SAS, R, Python, would be advantageous.
- Experience in ReMetrica or other Dynamic Financial Analysis software will be advantageous.
- Experience in VBA coding will be an advantage.

**Skills and Attributes.**
- Well-developed analytical technical and problem-solving skills.
- Well-developed communication skills.
- Well-developed interpersonal skills.
- Proven ability to work with and in teams.

**Experience.**
- Preferably have 2 to 3 years’ experience in a similar environment.
- Experience in the short-term or reinsurance industry will be advantageous.

**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 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.

**#li-ao1**: