Actuarial Pricing Associate Director

Aon; Chicago (IL); Hybrid; USD 180,000 - 200,000; Full time

Benefits offered by this job

401(k) savings plan with employer cont

employee stock purchase plan

medical, dental and vision insurance

12 paid holidays per year

15 days of paid vacation

Job summary

Aon is seeking an Associate Director in P&C Actuarial Pricing to grow an advisory capability within STG. This hybrid role (based in Chicago area) blends hands-on pricing analysis with client advisory work to develop pricing strategies and refined rating structures tied to client business objectives.

Responsibilities include pricing analyses across P&C use cases, applying GLMs to model pure premium, communicating results clearly to technical and non-technical audiences, and managing client

Qualifications

• 7+ years of actuarial pricing experience within property & casualty insurance.
• Bachelor's degree required.
• FCAS credential preferred.
• Experience conducting rate filing research using SERFF (filing support, exhibits, regulatory correspondence).
• Strong written and verbal communication, able to explain complex concepts clearly.

Responsibilities

• Develop, refine, and support actuarial pricing analyses across P&C use cases.
• Apply GLMs to model pure premium using large datasets.
• Translate business problems into analytical solutions and communicate results to diverse audiences.
• Manage client engagements from problem definition through delivery.
• Partner with senior team to deliver client solutions and contribute to proposals and RFPs.
• Provide technical leadership and mentorship to junior staff.

Skills

Actuarial pricing

GLMs

Communication

Client advisory

Education

Bachelor's degree

Tools

SERFF

Job description

Associate Director - P&C Actuarial Pricing

Location: Hybrid (Chicago, Minneapolis, New York)

Role Overview

Aon's Strategy & Technology Group (STG) is seeking an experienced credentialed actuary to help grow an advisory capability focused on property & casualty insurance. This role supports complex client engagements across pricing and predictive modeling use cases and contributes to the development of a differentiated actuarial pricing offering within STG.

The role blends hands-on analysis with client advisory work. The successful candidate will develop and evaluate pricing strategies, and build and refine rating structures, while working closely with client stakeholders to ensure solutions are practical, interpretable, and aligned with business objectives.

Key Responsibilities

• Develop, refine, and support actuarial pricing analyses across P&C insurance use cases, including rate adequacy, territorial analysis, and rating plan development.
• Apply GLMs to model pure premium using large, complex insurance datasets.
• Translate business problems into analytical solutions and clearly communicate results to both technical and non-technical audiences.
• Effectively manage client engagements from problem definition through delivery, ensuring analytical rigor and actionable outcomes.
• Partner with reinsurance brokers and senior team members to deliver industry-leading client solutions.
• Provide technical leadership, training, and development to junior team members.
• Support proposal development, client presentations, and RFPs as needed in collaboration with senior leadership.

Qualifications

• 7+ years of actuarial pricing experience within property & casualty insurance.
• Bachelor's degree
• FCAS credential preferred.
• Prior experience conducting rate filing research using SERFF, including review of filing support, exhibits, regulatory correspondence, and objection handling.
• Strong written and verbal communication skills, with the ability to explain complex analytical concepts clearly and concisely.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

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

Pay Transparency Laws

The salary range for this position (intended for U.S. applicants) is $180,000-$200,000 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 based on applicant's geographic location.

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.

A summary of all the benefits offered for this position

• 401(k) savings plan with employer contributions
• employee stock purchase plan
• consideration for long-term incentive awards at Aon's discretion
• medical, dental and vision insurance
• various types of leaves of absence
• paid time off, including 12 paid holidays throughout the calendar year
• 15 days of paid vacation per year
• paid sick leave as provided under state and local paid sick leave laws
• short-term disability and optional long-term disability
• health savings account
• health care and dependent care reimbursement accounts
• employee and dependent life insurance and supplemental life and AD&D insurance
• optional personal insurance policies
• adoption assistance
• tuition assistance
• commuter benefits
• employee assistance program that includes free counseling sessions

Eligibility for benefits is governed by the applicable plan documents and policies.