Job Description

Posting Description:
We are seeking a Life & Health insurance actuary with product development experience to drive our growing proposition around product development. The role will be based in Singapore within our Life & Health Reinsurance team with an Asia remit.

Our team is focused on empowering our insurance clients regarding their risk management, business growth and capital needs, with reinsurance being the preeminent tool to achieve their objectives. We bring an unparalleled ability to leverage data and partnerships across the region.

The key objective of this role is to take ownership of health and CI product development initiatives for our clients in Southeast Asia from R&D and feasibility study through to partnering with clients and reinsurers to implement new product initiatives.

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

• Act as the subject matter expert regarding health and CI insurance product development in Southeast Asia
• Partner with clients on product development initiatives from scoping through to delivery
• Perform analysis required to support product development/pricing
• Drive product R&D initiatives and market feasibility assessment for new product ideas
• Support in articulating the risks and the economics of a transaction to cedants and reinsurers
• Contribute to the knowledge and intellectual property of the Life and Accident & Health reinsurance practice group locally and globally
• Support in the Life & Health reinsurance business development across various territories within Asia

How this opportunity is different
This role offers a combination of stimulating work environment, ample growth prospects, the opportunity to be part of a market-leading player and make a difference to clients.
Skills and experience that will lead to success

• Bachelor’s degree in Economics, Finance, Actuarial or similar
• Qualified or nearly qualified actuary
• 5 – 8 years experience in life re/insurance
• Background in product development, pricing and/or reinsurance
• Excellent written and verbal communication skills
• Strong understanding of SEA life insurance product trends
• Self-motivated, holds oneself accountable and takes ownership for project delivery
• Strong numerical proficiency
• Eagerness to learn through facing and overcoming new challenges

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.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com

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.

NB. Dependant on regional requirements, please include specific benefits where applicable and relevant accommodation criteria and enhanced equal opportunities statement.