Experienced Associate, Insurance Strategy Consulting, P&C

Aon; Chicago (IL); Hybrid; USD 60,000 - 90,000; Full time

Job summary

Aon is seeking an Experienced Associate for Insurance Strategy Consulting in P&C to support strategy engagements with client leaders and project managers in a hybrid Chicago-based role.

You will conduct business and market analyses, develop strategic recommendations, and travel up to 10% as needed to meet client objectives. This role calls for strong communication and data visualization skills within a fast-paced, risk-focused environment.

Qualifications

• Bachelor’s degree or equivalent experience in Risk Management, Insurance, Finance, Business Administration, Data Analytics, Economics, or a closely related field, or a comparable mix of education and pertinent industry experience.
• Experience in consulting, finance, insurance, or a similar business environment is preferred.
• Experience supporting consulting engagements, client workstreams, or strategic business initiatives.

Responsibilities

• Participate in the full lifecycle of client engagements by supporting the delivery of discrete workstreams, central initiatives, and business transformation projects.
• Apply project management and Agile methodology principles to coordinate workstreams, monitor deliverables, manage priorities, and support projects through completion.
• Conduct business analysis to understand client objectives, business requirements, operating models, processes, and performance challenges.
• Conduct data analysis, data management, financial modeling, and data visualization to generate clear and actionable quantitative insights.
• Develop arguments that assess strategic opportunities, potential investments, operating improvements, risks, and anticipated business outcomes.
• Perform market research and subject-matter research, incorporating both quantitative and qualitative analyses, to guide business strategies and client recommendations.
• Review risk management procedures and contribute to the formulation of risk management strategies that match client objectives.
• Willingness to travel up to 10%

Skills

Consulting

Finance

Insurance

Project management

Agile methodology

Data analysis

Data visualization

Stakeholder management

CRM software

PowerPoint

Excel

Education

Bachelor's degree

Related field experience

Tools

PowerPoint

Excel

CRM software

Data visualization tools

Job description

Experienced Associate, Insurance Strategy Consulting, P&C

This is a hybrid role with the flexibility to work both virtually and from our Chicago, IL office.

Aon is in the business of better decisions

At Aon, we build 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

As a member of a top-performing team, you will support positive outcomes for our clients by providing effective solutions within our Strategy Advisory group in the Strategy & Technology Group (STG).

Aon STG Strategy Advisory offers consulting services to organizations in the insurance sector. These include many prestigious companies in global Property and Casualty, Insurtech, Digital Platforms, and Health and Benefits (re)insurance markets.

Our team supports clients in adapting to a rapidly shifting market to foster profitable and steady growth alongside strong business outcomes. Thanks to privileged access to Aon’s proprietary data and global (re)insurance expert network, we generate distinctive and valuable insights about the industry’s competitive edge. Crucially, we enable clients to convert these insights into practical measures and clear outcomes.

Role Overview

As an Experienced Associate, you will work in a client-facing role alongside Client Leaders, Project Managers, and Aon leadership. You will support and lead project workstreams that deliver business-focused initiatives and strategic recommendations. This will include understanding client objectives, evaluating business challenges, conducting business and market analysis, assessing risk, and defining strategies that build growth opportunities and competitive advantages.

Responsibilities

• Participate in the full lifecycle of client engagements by supporting the delivery of discrete workstreams, central initiatives, and business transformation projects
• Apply project management and Agile methodology principles to coordinate workstreams, monitor deliverables, manage priorities, and support projects through completion
• Conduct business analysis to understand client objectives, business requirements, operating models, processes, and performance challenges
• Conduct data analysis, data management, financial modeling, and data visualization to generate clear and actionable quantitative insights
• Develop arguments that assess strategic opportunities, potential investments, operating improvements, risks, and anticipated business outcomes
• Perform market research and subject-matter research, incorporating both quantitative and qualitative analyses, to guide business strategies and client recommendations
• Review risk management procedures and contribute to the formulation of risk management strategies that match client objectives
• Willingness to travel up to 10%

Characteristics of an Ideal Candidate

• Previous, demonstrated experience in consulting, finance, corporate strategy, insurance, or a similar business environment
• Experience supporting consulting engagements, client workstreams, or strategic business initiatives
• Practical understanding of project management methods and experience applying Agile methodology in a project or business environment
• Strong business analysis capabilities, including the ability to identify business needs, assess challenges, and assist in the creation of effective solutions
• Experience developing arguments and evaluating the financial, operational, and strategic implications of recommendations
• Strong analytical skills and proven experience in data analysis, data management, and financial modeling
• Experience translating complex data into clear insights through data visualization, written reports, and presentations
• Familiarity with risk management principles and experience assisting in the creation or assessment of risk management strategies
• Strong business communication, report writing, presentation, and business writing abilities
• Experience performing market research and applying quantitative and qualitative insights to inform business strategies
• Understanding of change management, process improvement, and organizational transformation principles
• Exposure to digital transformation initiatives and an interest in developing additional expertise in this area
• Experience supporting business development activities, including proposals, client presentations, and marketing materials
• Knowledge of customer relationship management methods and CRM software
• Knowledge of sales and operations planning principles or experience supporting long‑term planning and operational alignment
• Strong interpersonal skills coupled with the capability to form meaningful connections with clients and colleagues
• Willingness to learn, take initiative, and solve complex business problems
• Ability to perform effectively under pressure while managing multiple workstreams and tight deadlines
• Ability to find opportunities to take on additional responsibility and improve individual or team efficiency
• Proficiency in Microsoft Office applications, particularly PowerPoint and Excel
• Experience in data analytics and data visualization tools is advantageous
• Willingness to travel up to 10%

Education and Experience

Bachelor’s degree or equivalent experience in Risk Management, Insurance, Finance, Business Administration, Data Analytics, Economics, or a closely related field, or a comparable mix of education and pertinent industry experience.

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.

Compensation

The salary range for this position (intended for U.S. applicants) is $60,000 to $90,000 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.

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.