Actuarial Analyst (Reinsurance)

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions.  We hire Actuarial Analysts in various solution lines to work on projects related to effectively managing retirementsolutions. 

This role falls under Aon’s early career development program, known as Launch. Building on the development colleagues receive in the role they are hiredinto,the Launch program is a supplemental development program for recent college recruits.

Recently voted one of the Best Employers for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Reinsurance Actuarial Consulting

Unprecedented volatility is creating new risks and opportunities for organizations across the global economy. We provide risk transfer, claims advocacy and capital management solutions to help re/insurers reduce volatility and build more resilient businesses, governments and communities.

Job Responsibilities:

Primary role is to support clients as requested by supervisor or brokers, across virtually any client project or internal research assignment. Analysts are expected to develop proficiencies in completing standard analyses, while also taking part in more advanced analyses as needed. You will become familiar with Aon’s tools and approach, contribute to their development and present Aon’s solutions and services to our clients.Secondaryrole is to assist in pricing parameter updates and market research. Additional activities include:

• Work with colleagues (brokers, analytics and others) to identify and respond to client needs and develop additional opportunities related to products and services
• Inventory and manage data related to analysis of reinsurance transactions
• Analyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling with limited guidance
• Understand reinsurance contracts and products (terminology, terms and conditions)
• Prepare client-ready presentations to communicate analysis results to brokers and clients
• Manage workflow proactively
• Take initiative on internal projects to improve processes, products or services
• Take ownership and responsibility for quality, accuracy and timely completion of analysis

What are we looking for? 

Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders.

We aim to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients.  Additionally, we take into consideration the following:

• Relevant work or internship experience. 
• Involvement in extracurricular activities. 
• Proficiency in Microsoft office products such as Word, PowerPoint, Excel and Outlookisrequired. 
• Outstanding quantitative and analytical skills
• Strong written and verbal communication skills
• Enjoy working on complex, mathematically-oriented projects

Education:

• Bachelor’s Degree
• Have passed at least one actuarial exam, preferred
• Should graduate between December 2022 – June 2023 and have a GPA of 3.0 or above.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

The salary range for this position (intended for U.S. applicants) is $62,500 - $68,500 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.