• Catastrophe Modeller

    Requisition ID 2442491
    Job Family GB-London
  • Posting Description

    Catastrophe Modeller

     

    We’re hiring!

     

    Aon Benfield is currently recruiting a graduate level Catastrophe Modeller to join our Global Re Specialty Catastrophe Analytics team in London.  The Catastrophe Modeller would have a specific sector/business focus towards projects for the Marine/Non-Marine Retro and Specialty Composite clients.

     

    About Aon Benfield

     

    Aon Benfield, a division of Aon plc, is the world’s leading reinsurance intermediary and full-service capital advisor. We empower our clients to better understand, manage and transfer risk through innovative solutions and personalised access to all forms of global reinsurance capital across treaty, facultative and capital markets. As a trusted advocate, we deliver local reach to the world’s markets, an unparalleled investment in innovative analytics, including catastrophe management, actuarial and rating agency advisory. Through our professionals’ expertise and experience, we advise clients in making optimal capital choices that will empower results and improve operational effectiveness for their business. With more than 80 offices in 50 countries, our worldwide client base has access to the broadest portfolio of integrated capital solutions and services. To learn how Aon Benfield helps empower results, please visit www.aonbenfield.com.

     

    Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.

     

    Aon's Catastrophe Modelling team is the best regarded of its kind in Europe. The team sits within Aon Benfield and provides clients (principally insurance companies) with advice on their exposures to all natural perils and manmade Catastrophe events.

    The Catastrophe Management Function within Aon Benfield has undertaken its first significant reorganisation since the merger. Delivering value added catastrophe services to their clients and opening up additional career development for team members, catastrophe management is now part of market-facing broking teams; Global Re Specialty, UK/Ireland, EMEA and Japan.

     

    About the Role

     

    As a Catastrophe Modeller some of your key responsibilities will involve:

     

    Key Accountabilities:

    • Gathering and preparation of cat exposure data for assigned client projects
    • Assess client exposure data quality and make necessary assumptions for modelling; analyse changes in exposure and the associated impact of cat model results
    • Model the probability distributions of the gross/ceded/net results using AIR, EQE, RMS and other vendor cat models in conjunction with Aon Benfield Analytics proprietary software
    • Analyse how the distribution of results and relevant risk measures change as a result of application of various proposed reinsurance alternatives; report on analysis to brokers and clients
    • Respond to client queries and concerns, resolving issues promptly
    • Work collegiately with colleagues across all Global Re Specialty business
    • Responsibility for working in accordance with the Aon UK Limited Risk Management Frame working, 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

     

    As a Catastrophe Modeller your skills and qualifications will ideally include:

     

    Education:

    • 2.1 degree or higher in a subject related to Economics and Business, Mathematics, Geography or other Natural Sciences

    Experience, Knowledge & Skills:

     

    • Interest in developing a strong commercial outlook
    • Ambition to improve/develop strong relationship/client management skills
    • Strong interpersonal skills
    • Be able to trouble shoot problems and communicate complex ideas to clients, brokers, and colleagues, as required
    • Ability to prioritise workloads
    • Ability to find creative solutions to new problems
    • Ability to be organized and pay attention to detail
    • Strong computer skills for using Microsoft Office (Excel, Access, Word, PowerPoint and Outlook)
    • Ability to maintain compliance with professional standards, where applicable, as well as company-wide quality initiatives
    • Ability to work as part of a team to support clients' needs
    • Ability to handle significant workflow through efficient time management
    • Strong pitching or presentation skills
    • Exposure to GIS Software is desirable e.g.:(MapInfo, ArcGIS)

     

    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, childcare vouchers and additional holiday.

     

    We’re happy to talk flexible working. If you need to flex your working pattern, Aon offers flexible and agile working policies and we’re happy to discuss options with you upon application

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Connect With Us!

    Not ready to apply? Join our Talent Community to stay informed about Aon opportunities.