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Actuarial Consultant (STG)

Aon’s Strategy and Technology Group (STG) are seeking an experienced actuarial student to join their team and help to accelerate the development of their actuarial advisory business focused on clients in the insurance and reinsurance industries. This is a unique opportunity to be a key part of scaling a leading differentiated consulting business.

STG is Aon’s new global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry. The team provides strategy consulting and advisory services to many of the most prestigious companies in the global risk transfer sector. They have privileged access to Aon’s proprietary data and the knowledge of its global network of insurance industry experts to derive unique and compelling insights into the sources of competitive advantage in their industry.

Your impact as a Consultant – STG Actuarial Consulting

Your role will include participating in client account management, allow you build and manage strong and sustainable relationships with clients, and will require you to respond to the needs and objectives of leadership of Aon’s insurance and reinsurance practices.

You will be participating in complex consultative sales and responsible for creating proposals, delivering of a range of actuarial advisory services to clients, and managing client communication while delivering outstanding work that makes a difference for our clients.

The role is for an individual with a strong analytics background who is interested in actuarial and strategic consulting to insurers and reinsurers. Candidates will help consulting teams achieve successful actuarial engagements including modeling, pricing, reserving, portfolio optimization, growth, and product design optimizing outcomes for clients. Positive outcomes are highly correlated with strong teamwork.

Job Responsibilities:

  • Build relationships to act as a trusted advisor to key internal and external stakeholders.
  • Successfully grow our insurance and reinsurance actuarial advisory revenue base. Support efforts to prospect new business as directed by senior team members, including:
  • Conducting various analysis of prospect companies using public data.
  • Researching issues publicly disclosed in press releases, earnings calls, investor presentations, etc. and generating relevant peer or industry studies.
  • Developing targeted content to address identified client/prospect needs.
  • Calling on internal and external networks and stakeholders to generate leads and sales.
  • Contribute to delivery of complex actuarial advisory services to insurers and reinsurers while communicating with clients about projects and deliverables.
  • Model high performance to help build our teams, fostering a culture of development, and learning to nurture talent.
  • Continually role modelling Delivering Aon United behaviours, identifying which parts of Aon are most relevant and build mechanisms to best interact and maximize opportunities.
  • Deliver client presentations and build personal and technical expertise to become recognized as an expert inside of Aon.
  • Provide expertise to help financial institutions manage risks.
  • Support management leadership and comply with Company policies and procedures.
  • Explain complex technical matters to team members, clients, and management. Candidates must lead by example.
  • Ensure your projects meet internal compliance and guidelines.
  • Ensure your projects exceed expectations by checking in with clients and managers regularly and flagging potential problems.

You Bring Knowledge and Expertise

Candidates should have successfully completed three to five actuarial exams towards a casualty actuary professional designation and at least three years of relevant experience. The role is for an individual with a strong analytics background. Candidates should be prepared to regularly participate in technical discussions in client meetings and be able to articulate various risk and reward trade-offs.

Required Skills and Qualifications

  • 3+ years of experience in an analytics-centric environment, preferably in property/casualty insurance, reinsurance, or consulting
  • 3-5 exams towards ACAS, FCAS or similar actuarial credential or advanced technical degree in a related field
  • Financial modeling, consulting, reinsurance, or credit default analytics experience preferred.
  • Strong proficiency in MS Office suite, particularly Excel and PowerPoint
  • Proficiency in R, SQL, Python, or similar languages preferred.
  • Dynamic Financial Analysis or Economic Capital Modeling experience is a plus.
  • Ability to identify and resolve problems, think creatively, strategically, and analytically.
  • Excellent interpersonal and communication skills (oral and written)
  • Ability to work independently and in team environment.
  • Strong ability to understand and perform mathematical and statistical calculations.

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.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

The salary range for this position is $75,000 to $115,000 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.

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