Associate Director

2 months ago

Bangalore, India Aon Corporation Full time
Associate Director - Pricing, Tyche - STG

Do you want to address the pricing modelling challenges faced by insurers?

Do you want to be part of the dynamic Aon Tyche team who are developing cutting-edge systems for the insurance and reinsurance market?

This is a fantastic opportunity for an experienced insurance practitioner to join a collaborative, friendly, dynamic working environment, with the opportunity to work with a cutting-edge modelling platform and high-profile clients. It is a hybrid role based out from our Bengaluru 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, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

As a key member of our team, you will be part of a tight-knit and friendly team that forms a collaboration between our actuarial pricing teams and software development teams, whose goal is to support the adoption of Aon's Pricing Platform ('APP') across the insurance market.

This role will encompass a wide variety of work. Initially, you can expect to be involved with the following:
  • Pricing system development. This will involve managing and overseeing development work by liaising with clients to gather business requirements, designing, implementing and reviewing the solution, and developing automated testing frameworks.
  • Sales support. Supporting the sales process for Tyche and TPS through proof of concept exercises and trials.

Day to day activities will include:
  • Managing and overseeing development work from a technical business perspective
  • Liaising with clients to gather business requirements
  • Working in a multi-disciplinary team to design, implement, and review actuarial system developments
  • Supporting and training users of our systems
  • Supporting the sales process through proof of concept exercises and trials.

There will also be the opportunity to get involved in helping support the career development and growth of other actuarial team members through line management and mentoring responsibilities.

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 multi-disciplinary team, including exceptional developers and an IT team that offer fully hosted solutions.

Required education and certifications critical for the role
  • Graduate in Mathematics / Statistics / Economics
  • Qualified, or part qualified actuary, clearing SP7 and SP8 exams.

Required experience for the role
  • Minimum work experience of 10+ years in Consulting or Insurance companies. Of this, a minimum of 7 years' experience in P&C pricing or capital (GAAP, Solvency II, IFRS)
  • People Management experience, leading a team of 2-3 resources and taking ownership of the delivery of the team.

Skills and experience that will lead to success
  • A self-motivated team player that works collaboratively
  • Good communicator with the ability to adapt to suit different audiences, and good at building relationships
  • Excellent organisational skills
  • Experience of overseeing the delivery of and/or developing actuarial tools
  • Experience of coding, Python or SQL are desirable
  • Exemplify analytical and problem-solving skills

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.

#LI-RK2

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