Consultant, Aon Life Solutions

Aon is hiring a Consultant, Aon Life Solutions in Hong Kong, Hong Kong SAR China. Level rates it ; you can apply on Aon.

Level's read on this job

Level rates this role Little AI ●○○○: aI is not part of the work.
Level classes it as a junior role.
Aon has 1,000+ other open roles on Level.

AI in this role

Consultant, Aon Life Solutions 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. Aon is looking for a Consultant, Aon Life Solutions. What the day will look like As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Aon Life Solutions within Aon Reinsurance Strategy and Technology Group, in Hong Kong. Development Services Create insurance liability models, focusing on reserve and capital calculations for Hongkong and Singapore companies based on local Risk-Based Capital Regulation and IFRS17. Create and maintain financial asset and ALM models for use in balance sheet projections of financial services companies. Develop and maintain Economic Scenario Generators used in the valuation of financial assets and insurance liabilities. Further the development of robust processes for strategic asset allocation, scenario generator calibration, insurance company financial reporting, etc. Participate in the expansion of PathWise functionality as the need arises or as requested by clients Onboarding Services Support the development of models and processes for companies moving into PathWise Provide hands-on training for PathWise users Develop standalone training reference materials for PathWise users Identify shortfalls in company processes and propose improvements Troubleshoot issues as they arise during PathWise migrations, focusing on providing a strong initial user experience Help maintain and strengthen client relationships through participation in client consultations Be a primary contact for select clients Business Development Support Participate in demonstrations to potential clients Develop models specific to client requirements Participate in industry, academic and internal research projects Develop and deliver presentations on emerging issues pertaining to the insurance industry and the financial services industry Attend industry and client conferences Skills and experience that will lead to success 1-5 years of experience in the life insurance industry in a valuation/pricing/hedging role working with financial guarantees embedded in life insurance products Knowledge of Singapore and Hongkong reserves and capital requirements for the life insurance industry, covering products such as Indexed and Variable Annuities, ULSG, Participate and traditional life insurance products Understanding of financial assets including derivatives Familiarity with Monte Carlo simulations Knowledge of object-oriented programming concepts (Python programming experience preferred) Member of Institute and Faculty of Actuaries or Society of Actuaries preferred Strong communication skills for heavy team and client interactions How this opportunity is different Aon Life Solutions provides high efficiency computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. The high-performance software platform, PathWise, provides companies with the ability to easily model financial obligations without involved coding and is run on Graphical Processing Units (GPU), making it the fastest, readily available software platform currently in use in the insurance industry. Global Life Risk Modelling consulting services has focused primarily on actuarial analysis, modelling of insurance liabilities and financial assets and reviews of hedging programs. 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, color, 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 #Aon #Aonlife #STG #PathWise #Actuarial 2585486

How we rate this

Consultant, Aon Life Solutions at Aon rates 36 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.