Catastrophe Analyst in Sydney, Australia

Catastrophe Analyst

• Unique opportunity with Aon’s Reinsurance team to support the comprehensive approach to risk assessment, risk transfer and risk mitigation

• Work within a highly experienced and technical team

• Full time role in Sydney, offering hybrid working

  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

  Join our successful and expanding operation as an Actuarial Analyst. You’ll be responsible for performing and reviewing risk assessment and valuation of clients’ portfolios for the purpose of structuring, optimising, and pricing reinsurance. Using significant expertise of all major catastrophe models, our analysts overcome data and model limitations to provide clients with a comprehensive view of their portfolio.

  Key responsibilities include –

• Collecting, manipulating and interrogating client exposure and claim data in MS Excel or SQL to support analyses;

• Utilising catastrophe modelling software to determine clients’ exposure to catastrophe hazards such as earthquake, cyclone and bushfire;

• Utilising actuarial modelling software to produce all perils catastrophe exposures and pricing of reinsurance structures to protect cedants

• Complete actuarial projects using techniques such as experience and exposure rating, and making use of stochastic modelling analyses

• Analysing clients’ historical data to assess their exposure to future large non-catastrophe losses;

• Using reinsurance optimisation techniques to determine reinsurance strategies that maximise the likelihood that clients can meet their financial goals;

• Effectively communicating results to internal and external stakeholders using written reports and/or presentations;

• Developing effective working relationships with internal and external clients; and

• Actively contributing to research and development ideas.

  How this opportunity is different

  Aon Analytics offers clients industry-leading catastrophe management, actuarial, rating agency advisory and risk and capital strategy expertise. Whether working side-by-side with brokers on risk transfer products or engaging on broader analytic and modelling engagements, our 400+ specialists around the world consistently deliver innovation and thought leadership to clients. Your opportunity to empower results could start right here, be rewarded for your hard work.

  Skills and experience that will lead to success

• The ability to work well within a team, a curious mindset and strong problem solving and analytical skills

• A bachelor’s degree majoring in a relevant field such as actuarial studies, mathematics, or statistics

• Proficient in the use of catastrophe models and relevant actuarial techniques

• Advanced Excel skills and strong a working knowledge of MS Word, SQL and PowerPoint

• Excellent communication skills (both oral and written)

• Tableau or PowerBI experience

• Insurance or reinsurance experience

• Experience with VBA, Python, R an advantage but not essential

• Excellent organisation skills and ability to work under pressure

• Self-discipline to manage own workflow and deadlines

  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, 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

  #Reinsurance # ActuarialAnalyst

  Open Date: 24/1/2025

  Closing Date: 24/2/2025

  2554578 Catastrophe Analyst

• Unique opportunity with Aon’s Reinsurance team to support the comprehensive approach to risk assessment, risk transfer and risk mitigation

• Work within a highly experienced and technical team

• Full time role in Sydney, offering hybrid working

  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

  Join our successful and expanding operation as an Actuarial Analyst. You’ll be responsible for performing and reviewing risk assessment and valuation of clients’ portfolios for the purpose of structuring, optimising, and pricing reinsurance. Using significant expertise of all major catastrophe models, our analysts overcome data and model limitations to provide clients with a comprehensive view of their portfolio.

  Key responsibilities include –

• Collecting, manipulating and interrogating client exposure and claim data in MS Excel or SQL to support analyses;

• Utilising catastrophe modelling software to determine clients’ exposure to catastrophe hazards such as earthquake, cyclone and bushfire;

• Utilising actuarial modelling software to produce all perils catastrophe exposures and pricing of reinsurance structures to protect cedants

• Complete actuarial projects using techniques such as experience and exposure rating, and making use of stochastic modelling analyses

• Analysing clients’ historical data to assess their exposure to future large non-catastrophe losses;

• Using reinsurance optimisation techniques to determine reinsurance strategies that maximise the likelihood that clients can meet their financial goals;

• Effectively communicating results to internal and external stakeholders using written reports and/or presentations;

• Developing effective working relationships with internal and external clients; and

• Actively contributing to research and development ideas.

  How this opportunity is different

  Aon Analytics offers clients industry-leading catastrophe management, actuarial, rating agency advisory and risk and capital strategy expertise. Whether working side-by-side with brokers on risk transfer products or engaging on broader analytic and modelling engagements, our 400+ specialists around the world consistently deliver innovation and thought leadership to clients. Your opportunity to empower results could start right here, be rewarded for your hard work.

  Skills and experience that will lead to success

• The ability to work well within a team, a curious mindset and strong problem solving and analytical skills

• A bachelor’s degree majoring in a relevant field such as actuarial studies, mathematics, or statistics

• Proficient in the use of catastrophe models and relevant actuarial techniques

• Advanced Excel skills and strong a working knowledge of MS Word, SQL and PowerPoint

• Excellent communication skills (both oral and written)

• Tableau or PowerBI experience

• Insurance or reinsurance experience

• Experience with VBA, Python, R an advantage but not essential

• Excellent organisation skills and ability to work under pressure

• Self-discipline to manage own workflow and deadlines

  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, 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

  #Reinsurance # ActuarialAnalyst

  Open Date: 24/1/2025

  Closing Date: 24/2/2025