What the day will look like
Conduct actuarial analyses for Indonesian clients, in support of the client managers. This may include:
- Apply various actuarial pricing techniques such as experience and exposure rating, to assess the cost and benefits of reinsurance arrangements and articulate the numeric observations internally and externally
- Conduct analysis and experience studies to develop or peer review best estimates
- Participate in product development activities from technical standpoint
- Perform actuarial risk assessment and valuation of clients portfolios (VIF, NB projections) for the purpose of structuring, optimizing and pricing reinsurance
- Explore and model various reinsurance structures to manage risk, quantify their relative costs and benefits, and assess their commercial feasibility
- Present and explain results, conclusions and recommendations of the analyses to the relevant stakeholders (colleagues, clients, reinsurers)
- Organize data and actuarial information for future use and to support refining Aon's view of experience
- Enhance existing tools and methodologies, research and develop new models and products
Skills and experience that will lead to success
- University graduate, preferably Fellow in Actuarial Studies, or related fields such as mathematics, finance or statistical studies.
- At least 9 years experience in Life & Health reinsurance or insurance in Southeast Asia working in analytical roles, direct re/insurance pricing, product development or capital management
- Strong software skills
- Resourcefulness which would be expressed through an ability to develop view of actuarial experience based on available data
- Ability to perform experience analysis and technical evaluation of a life reinsurance transaction, consider it from multiple angle and present it to different audiences (cedant, reinsurer, Aon colleagues)
- Self-motivated, holds oneself accountable and takes ownership for problem resolution
- A team player - able to adapt in a dynamic team environment.
