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Capital Modelling Consultant

Aon
£57,164 - £72,383 a year
City of London, England
2 days ago
Posting Description:
Capital Modelling Consultant (Capital & Risk Modelling Technology, Aon STG)

Do you want to address the capital modelling challenges faced by insurers? Do you want to work as part of a team who are developing cutting-edge systems for the insurance and reinsurance market?

Aon’s Strategy and Technology Group (STG) are seeking a capital modelling consultant to join their technology team to help to accelerate the development of their risk and capital modelling software suite, with focus on Tyche Capital Model. 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. It is a hybrid role that can offer flexibility to work both virtually and from our London office.

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 team and we are passionate about helping our colleagues and clients succeed.

What the day will look like
This role is for an individual who wants their coding skills to be at the forefront of their daily activities. The successful candidate will have strong technical and numerical 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 an interest in serving insurance industry clients.

This role will encompass a wide variety of work. Initially the successful applicant can expect to be involved with the following:

  • Model development
    • Working with the team and clients to gather business requirements, designing and implementing capital modelling solutions for the (re)insurance market.
  • Client delivery support
    • Working in a multi-disciplinary team to design, implement, and test capital modelling solutions for insurers
    • Preparation of data and parameters for modelling purposes
    • Supporting and training users of our systems
  • Sales Support
    • Supporting the sales process through proof of concept exercises and trials for Tyche and TCM
We are keen to get all of the team involved with client interactions from sales through to delivery.

How this opportunity is different
STG 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. We have privileged access to Aon’s proprietary data, software, and the knowledge of its global network of insurance industry experts to derive unique and compelling insights into the sources of competitive advantage in our industry.

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. Our consulting team provides a full breadth of actuarial services with a focus on Tyche implementations and developing solutions in Tyche. We have a strong team of exceptional developers and our IT team offer fully hosted solutions

We are happy to support candidates following the actuarial exam track, but pursuit of a professional actuarial qualification is not a role requirement.


Skills and experience that will lead to success

  • Experience in coding and developing modelling solutions
  • Strong analytical and problem-solving skills
  • Interest in using software to solve modelling challenges; may have in the past pro-actively looked to improve processes in their own work/team
  • Ability to work under pressure: proactive, shows resolve and adapts well to evolving situations
  • Self-motivated team player who works collaboratively, able to communicate with a variety of stakeholders and build positive relationships.
Desirable:
  • General insurance experience in at least one of capital modelling, pricing or reserving
  • Experience using: SQL, Python, T# (Tyche), C#, TypeScript
  • Understanding of statistical techniques used in stochastic modelling and/or predictive analytics
  • Experience using data visualisation tools to support data analytics and decision-making
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, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at [email protected] or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
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