Aon Benfield, a leading global reinsurance intermediary and capital advisor, offers a wide range of career opportunities for professionals seeking to advance their skills and expertise in the reinsurance industry. With a strong presence in over 30 countries, Aon Benfield provides a dynamic and collaborative work environment that fosters growth, innovation, and excellence. Here are 8 Aon Benfield careers to consider for fast advancement:
Actuarial Careers
Aon Benfield’s actuarial team plays a critical role in analyzing and assessing risks, developing pricing strategies, and creating innovative solutions for clients. As an actuary at Aon Benfield, you will have the opportunity to work with a talented team of professionals and apply your technical skills to drive business growth. With a strong demand for actuarial expertise, Aon Benfield offers a range of actuarial career paths, including:
- Reinsurance pricing and modeling
- Risk assessment and management
- Capital management and optimization
- Insurance-linked securities and alternative risk transfer
Actuaries at Aon Benfield can expect to work on complex projects, collaborate with cross-functional teams, and develop expertise in reinsurance treaty and facultative reinsurance. With experience and professional certifications, such as the Fellow of the Society of Actuaries (FSA) or Chartered Enterprise Risk Actuary (CERA), actuaries can quickly advance to senior roles and take on leadership positions.
Reinsurance Brokerage Careers
Aon Benfield’s reinsurance brokerage team is responsible for negotiating and placing reinsurance contracts on behalf of clients. As a reinsurance broker at Aon Benfield, you will work closely with clients to understand their risk management needs, develop strategic solutions, and execute placements in the global reinsurance market. Reinsurance brokers at Aon Benfield can expect to:
- Build and maintain client relationships
- Develop and execute reinsurance placement strategies
- Negotiate contracts and manage placements
- Collaborate with actuarial, claims, and other teams to deliver comprehensive solutions
Reinsurance brokers at Aon Benfield can quickly advance to senior roles by developing strong client relationships, demonstrating technical expertise, and contributing to business growth. With experience and professional certifications, such as the Chartered Insurance Broker (CIB) or Reinsurance Associate (RA), reinsurance brokers can take on leadership positions and drive business development.
Data Science and Analytics Careers
Aon Benfield’s data science and analytics team plays a critical role in driving business growth and innovation through data-driven insights. As a data scientist or analyst at Aon Benfield, you will work with large datasets, develop predictive models, and create visualizations to help clients and internal stakeholders make informed decisions. Data scientists and analysts at Aon Benfield can expect to:
- Work with machine learning and deep learning techniques to develop predictive models
- Develop and maintain databases and data warehouses
- Create data visualizations and reports to communicate insights to stakeholders
- Collaborate with cross-functional teams to integrate data-driven insights into business decisions
Data scientists and analysts at Aon Benfield can quickly advance to senior roles by developing technical expertise, contributing to business growth, and demonstrating strong communication and collaboration skills. With experience and professional certifications, such as the Certified Data Scientist (CDS) or Chartered Data Analyst (CDA), data scientists and analysts can take on leadership positions and drive innovation.
| Job Title | Median Salary | Growth Prospects |
|---|---|---|
| Actuary | $120,000 | High |
| Reinsurance Broker | $100,000 | Medium-High |
| Data Scientist | $110,000 | Very High |
| Business Development Manager | $90,000 | Medium-High |
| Claims Specialist | $70,000 | Medium |
| Marketing Specialist | $60,000 | Medium |
| Human Resources Generalist | $50,000 | Low-Medium |
| IT Project Manager | $80,000 | Medium-High |
Other Careers
In addition to actuarial, reinsurance brokerage, and data science and analytics careers, Aon Benfield offers a range of other career opportunities, including:
- Business development and sales
- Claims and loss adjustment
- Marketing and communications
- Human resources and talent management
- Information technology and project management
These roles are critical to the success of Aon Benfield’s business and offer opportunities for advancement and professional growth. With experience and professional certifications, such as the Certified Business Development Professional (CBDP) or Society for Human Resource Management (SHRM), professionals in these roles can take on leadership positions and drive business growth.
Future Implications and Growth Prospects
The reinsurance industry is expected to continue growing in the coming years, driven by increasing demand for risk management solutions and the need for innovative and data-driven approaches. Aon Benfield is well-positioned to capitalize on this growth, with a strong brand, global presence, and commitment to innovation and excellence. Professionals who join Aon Benfield can expect to be part of a dynamic and fast-paced industry, with opportunities for advancement and professional growth.
According to industry forecasts, the global reinsurance market is expected to reach $300 billion by 2025, with a compound annual growth rate (CAGR) of 5%. This growth will be driven by increasing demand for reinsurance solutions in emerging markets, as well as the need for innovative and data-driven approaches to risk management. Aon Benfield is well-positioned to capitalize on this growth, with a strong brand, global presence, and commitment to innovation and excellence.
What are the key skills and qualifications required for a career at Aon Benfield?
+The key skills and qualifications required for a career at Aon Benfield vary depending on the role and department. However, common skills and qualifications include strong analytical and problem-solving skills, excellent communication and collaboration skills, and a strong understanding of the reinsurance industry and its trends and challenges. Professional certifications, such as the Fellow of the Society of Actuaries (FSA) or Chartered Insurance Broker (CIB), are also highly valued.
What are the opportunities for advancement and professional growth at Aon Benfield?
+Aon Benfield offers a range of opportunities for advancement and professional growth, including training programs, mentorship, and education assistance. Professionals can expect to work on complex projects, collaborate with cross-functional teams, and develop expertise in their area of specialty. With experience and professional certifications, professionals can quickly advance to senior roles and take on leadership positions.
What is the company culture like at Aon Benfield?
+Aon Benfield has a dynamic and collaborative company culture, with a strong focus on innovation, excellence, and teamwork. Professionals are encouraged to think creatively, share ideas, and work together to drive business growth and deliver exceptional results for clients. The company also prioritizes diversity, equity, and inclusion, and offers a range of programs and initiatives to support the well-being and development of its employees.
