Aon Benfield is the market leader in Reinsurance broking. Impact Forecasting is a catastrophe model development center of excellence within Aon Benfield whose seismologists, meteorologists, hydrologists, engineers, mathematicians, GIS experts, finance, risk management and insurance professionals analyze the financial implications of natural and man-made catastrophes around the world. Impact Forecasting’s experts develop software tools and models that help clients understand underlying risks from hurricanes, tornadoes, earthquakes, floods, wildfires and terrorist attacks on property, casualty and crop insurers and reinsurers. Impact Forecasting is the only catastrophe model development firm integrated into a reinsurance intermediary.

Position overview:

• Support to custom development projects for Aon global clients
• Assessment of financial impact (and its probability) of hazardous perils such as earthquake, flood or storm on specific risks (i.e. evaluated locations/properties)
• Usage of existing catastrophe models
• Engineering analysis of specific risks
• Amendments to existing Aon proprietary models to account for specific risks

Candidate will be responsible for:

• Modelling of financial impact of various perils (storms, earthquakes, flooding etc.) on specific structures and providing relevant outputs conducting engineering studies of structure response to hazard and implementing into model
• Providing critical analysis of modelling results for internal validation of models and explaining results to clients when needed
• Performing detailed risk portfolio analysis using in-house risk analysis software, generating results, interpret and present the results internally and externally
• Understanding and communicating complex model methodology concepts (e.g. secondary uncertainty, storm surge, etc.) performing engineering studies to assess susceptibility of various types of structures (buildings, bridges, power plants etc.) to increasing hazard (flood depth, earthquake magnitude etc.) and modelling of financial impact
• Developing ability to inventory client exposure data, determine accuracy and completeness of data and report back to client

• Structural engineering background related to structure response to external forces
• Fluent in written and spoken English
• Advanced in using MS Office and basic functional knowledge of SQL
• Analytical, technical and critical thinking skills
• Strong verbal and written communication skills
• Familiarity with insurance and reinsurance is an advantage
• Programming skills are an advantage

Aon offers competitive compensation, exceptional benefits, continuing education & training, a unique internal advancement program, and tremendous potential with a growing worldwide organization.