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Aon Benfield is the world’s premier reinsurance intermediary. The company offers clients access to every traditional and alternative market in the world, through an international network of offices spanning over 50 countries and more than 4,000 professionals.

As part of its activities Aon Benfield develops Catastrophe models for various natural and man-made perils including Wind storm, Flood, Earthquake, Terrorism and other. This position is for a model development role.

Aon Benfield Impact Forecasting London is seeking a:


Stochastic Earthquake Model Developer



Main Responsibility:

Development of seismic catastrophe models for reinsurance purposes

REQUIREMENTS

  • Knowledgeable in the field of seismic hazard and engineering seismology
  • Appropriate educational background: an MSc/Postgraduate Degree or equivalent industry experience
  • Good knowledge of scripting languages e.g. Python, Matlab, R
  • Knowledge of databases e.g. MS SQL Server
  • Proficiency in MS Excel and other MS Office apps and excellent general computing skills
  • Excellent written and spoken English. Other European languages also welcomed
  • Good data management skills and some basic knowledge of GIS software (ESRI ArcGIS)
  • An understanding of the insurance business will be an advantage

KEY AREAS OF RESPONSIBILITY

  • Main role: development of seismic catastrophe models for reinsurance purposes
  • Complete involvement in developing catastrophe models for Reinsurance purposes
  • To participate actively in the development of the probabilistic seismic hazard models. this encompasses processing, analysing and preparing source and hazard data, i.e. candidate needs to be technical
  • To manage entire model development projects, i.e. candidate needs to have managerial skills
  • To work with damage data or vulnerability methodology to allocate to an asset the likelihood of being affected by an earthquake
  • To coordinate cooperation with external partners, this may need travelling abroad
  • To communicate and present intermediate and final results to other Aon Benfield departments such as cat management team, brokers etc., candidate needs to have excellent communication skills
  • To deliver external presentation to clients, at conferences, etc.
  • To bring innovation while understanding the requirements/limitations of the practices of the team
  • To be part of the development team and be able to coordinate tasks with other members
  • To collaborate with other team members from different offices worldwide
  • To use Aon Benfield in-house software packages

BEHAVIOURAL COMPETENCIES

  • Extremely innovative, enthusiastic and hard working
  • High level of inventiveness, strong analytical and conceptual thinking skills
  • Ability to carry out work independently with minimum supervision and common sense
  • Above average communication and presentation skills
  • Willingness to continue professional development in the field
  • Availability to work extra-hours if needed
  • Able to pick up things quickly in regards to the working subject
  • Able to deal with people from different countries and different backgrounds, for example people from universities, colleagues within Aon Benfield teams, clients
  • Be able to explain complicated processes in a simple manner (very often needed when highly technical presentations are carried out)
  • Good planning skills required in order to finish tasks on time
  • Ability to work in a team

AON BENFIELD OFFERS

  • Competitive salary and attractive benefit packages
  • Interesting and varied role in the global reinsurance and insurance industry
  • Continuous international professional development programme
  • Potential for travel

If you are interested please send your CV and contact details to: adam.podlaha@aonbenfield.com


published: 04 May 2012     Please mention EARTHWORKS when responding to this advertisement.