Geoscientist roles in the insurance industry

Australian Institute of Geoscientists > Education > Geoscientist roles in the insurance industry

Aon_LogoAon Benfield is seeking candidates for its 2015 Graduate Program.

Few geoscientists may be aware of career opportunities offered in the insurance industry, in fields including catastrophe management and risk assessment, even though geoscientific skills are widely called upon in prediction, management and remediation of natural hazards, to the point where many recognise this field as a specialised geoscience discipline.

Aon is a leading global provider of risk management, insurance and reinsurance brokerage, and human resource solutions. Aon considers their broad view of two of the most important issues in our economy today: risk and people as a key advantage. Utilising this advantage, Aon is driven to empower economic and human possibility for clients, colleagues and communities around the world.

Aon Benfield makes unparalleled investments in local and regional Talent Acquisition and Management. Since its inception, the graduate development program has become a cornerstone of this activity.

Aon Benfield Analytics offers clients industry-leading catastrophe management, actuarial, rating agency advisory and risk and capital strategy expertise. Together with our leading broking teams, it helps clients fully consider the capital, income, regulatory and rating agency implications of all risk transfer transactions. Our Impact Forecasting team develops tools and models that help our clients understand the financial implications of natural and man-made catastrophes around the world.

Geoscientists are amongst the key disciplines sought by Aon to work in this area.  

In all, the company’s team of 500 comprises  actuaries, scientists, volcanologists, seismologists, hydrologists, climatologists, meteorologists, statisticians, engineers, capital modellers, programmers and risk specialists.

Using our Sydney operation as a key hub for regional talent development, our Graduate Program offers a structured 12 month development opportunity for recent graduates or final year students in Actuarial Studies.

Aon’s Graduate Program

The 12 month programme is oriented around 4 distinct semesters, providing you with a development platform to accelerate your learning through structured classroom training, on-the-job learning, mentoring and assisted self-learning.  We will also provide study assistance, study leave and exam leave to support industry accreditation and professional qualifications.

Participants in Aon’s Graduate Development Program help to measure Aon client’s risk by applying complex techniques such as catastrophe modelling, exposure modelling and experience modelling. Participants are introduced to the use of dynamic financial analysis and capital modelling to advise our clients on a range of capital mechanisms they can apply to effectively manage their risk.

Who are Aon looking for?

Our Graduate Development Program ideally suits:

  • Australian nationals with a keen interest in and affinity with Asian culture
  • Asian nationals who possess working rights in Australia for the duration of the program, and who are open to undertaking future roles in AON’s regional APAC offices

To meet the selection criteria, candidates will demonstrate the competencies, skills and academic achievements below:

  • Graduates/ final year students in Actuarial Studies
  • Analytical mindset aligned with strong numeracy skills
  • Strong critical thinking and attention to detail
  • Excellent communication skills
  • A keen interest in building a career in the insurance/ reinsurance sector

AON Culture & Benefits

With close to 1600 employees, we are the largest organisation of our kind in Australia. Globally, Aon have an employee base of 69,000 people working across 120 countries. This allows Aon to gather the best thinking from around the world and deliver solutions locally. We provide colleagues with the support to make an impact, a team that will inspire you to achieve, and on-going opportunities for development.

A brochure providing more detailed information about Aon’s graduate program is available here.

How to Apply

Make your mark and apply online today.  Applications should be submitted by 6 November 2015.