Retirement Actuarial Associate (Multiple Locations)

Retirement Actuarial Associate/Experienced Associate

Location: Cleveland, Ohio or Columbus, Ohio

Office Designation: Hybrid

Aon is in the business of better decisions. We shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the Day Will Look Like

• Pass actuarial exams (minimal requirement of one course per year)
• Prepare contribution requirements and accounting costs, with some oversight
• Update valuation runs for any changes and program provisions from scratch
• Interpret valuation results and provide initial recommendations to lead actuary
• Perform more complicated or review more simple pension benefit calculations
• Mentor/train entry level students
• Draft original materials (e.g. letters, reports, discussion guides)

Skills and Experience That Will Lead to Success

• 2-3 years of actuarial work experience
• Completion of several exams
• Reconciliation of liability gains and losses
• Microsoft Word and Microsoft PowerPoint

Preferred Experience:

• ASA or EA Designations
• Pension experience
• Valuation programming on ProVal system
• Basic knowledge of funding methods
• Minimum and/or maximum funding calculations

Education:

• Bachelor's Degree in Actuarial Science, Mathematics, Economics, Statistics, or a similar field

How We Support Our Colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves.

Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.

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 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 and interview process.

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

Aon is not accepting unsolicited resumes from search firms for this position.

Pay Transparency Laws:

The salary range for this position intended for U.S. applicants is $70k-$95k annually. The actual salary will vary based on the applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data.

This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; medical, dental, and vision insurance; and various other types of leaves of absence.