Logo of Hewitt Stone
Job Category: Capital Actuary
Job Type: Full Time Hybrid Mid-Senior Level
Job Location: Chicago

Join a dynamic team at the forefront of delivering cutting-edge solutions in risk and capital modeling. As part of our Strategy and Technology Group (STG), you’ll play a pivotal role in advancing our Capital Modeling Solution Suite, including the Tyche Capital Model (TCM) and ReMetrica tools. While this role primarily focuses on TCM, there are opportunities to contribute across the broader solution suite.

We’re looking for a motivated individual with a passion for innovation, strong technical skills, and experience in capital modeling to support clients and enhance our tools.


What Your Day Will Look Like

Model Development

  • Collaborate within a multi-disciplinary team to design, implement, and refine capital modeling solutions for (re)insurers.
  • Lead new initiatives, including project planning, governance, and hands-on coding.
  • Stay informed on ongoing development work and the latest software features.

Client Delivery and Support

  • Engage with clients to gather business requirements and oversee bespoke model builds as a technical leader.
  • Facilitate onboarding for new clients and implementation projects in collaboration with the US P&C Actuarial Consulting and Platform Delivery teams.
  • Conduct demos of Tyche and TCM for prospects and existing clients, supporting trials and prospecting new opportunities.

Team Collaboration and Training

  • Work closely with team members across global locations, including the London office.
  • Provide training and support for system users, ensuring efficient and effective use of our tools.
  • Communicate with internal stakeholders and clients, both written and verbally.

Why This Role Is Unique

STG is Aon’s premier consulting and technology division, dedicated to providing strategy consulting, technology solutions, and advisory services to top-tier companies in the global insurance and reinsurance sectors. With access to proprietary data, innovative software like Tyche, and a global network of insurance experts, we deliver unparalleled insights and solutions.

Tyche, a cornerstone of our Capital Modeling Solution Suite, empowers leading insurance and reinsurance firms worldwide with groundbreaking capabilities. Supported by a strong team of developers and IT professionals, we offer fully hosted solutions and exceptional client service.


What You Need to Succeed

Qualifications

  • 5+ years of experience in P&C insurance within an actuarial role.
  • 2+ years in risk and/or capital modeling in the P&C insurance sector.
  • 2+ years of hands-on coding experience (Python, SQL preferred) and developing modeling solutions.
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field (or equivalent experience).

Technical Expertise

  • Solid understanding of capital modeling techniques.
  • Familiarity with rating agency and/or regulatory capital modeling frameworks.
  • Knowledge of stochastic financial modeling software; experience with Tyche is a plus.

Skills

  • Strong analytical and technical problem-solving abilities.
  • Excellent communication skills, both written and verbal.
  • Ability to lead and manage development projects effectively.
  • A collaborative mindset and team-oriented approach.

Ready to Shape the Future of Risk and Capital Modeling?

Apply now to become a part of a team that’s redefining the insurance industry through innovative solutions and unparalleled expertise.

Apply for this position

Allowed Type(s): .pdf, .doc, .docx