Reinsurance Actuarial Managing Director

Aon; BLOOMINGTON (MN); Hybrid; USD 220,000 - 245,000; Full time

Benefits offered by this job

401(k) with employer contributions

Employee stock purchase plan

Medical, dental and vision insurance

12 paid holidays

15 days paid vacation per year

Paid sick leave

Short-term disability

Long-term disability

Health savings account

Commuter benefits

Tuition assistance

Job summary

Aon is a leading global professional services firm and the world’s largest insurer broker. This role is based in Bloomington, MN with open to virtual for the right candidate and involves high-level reinsurance actuarial work.

The position combines analytics and client engagement, requiring deep actuarial knowledge, collaboration with brokers, and the ability to translate complex data into strategic recommendations.

Qualifications

• 12 years of reinsurance actuarial experience.
• ACAS or FCAS credential preferred.
• Strong programming skills in R, Python, C, and Java.

Responsibilities

• Manage multiple client-specific deliverables related to reinsurance renewals and other projects.
• Organize and prepare effective communications for submissions and proposals.
• Deliver client presentations and represent Aon at client and industry events.
• Provide advocacy in technical negotiations with third parties and support colleagues.

Skills

Actuarial Science

Risk Management

People Management

Project Management

Pricing Strategies

Education

ACAS or FCAS Credentialed

Tools

R

Python

C

Java

Job description

Preferred Locations:

New York, New York, Chicago IL, Bloomington MN, Open to Virtual for the right candidate

Aon is in the business of better decisions

Aon is in the business of better decisions. At Aon, 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.

You Bring Knowledge And Expertise

• Manage multiple client specific deliverables related to reinsurance renewals and other special projects.
• Organize and prepare effective communications for submissions and proposals.
• Deliver client presentations and represent Aon as a speaker at client and industry events where appropriate.
• Provide advocacy in technical negotiations with third parties and provide other expertise to support colleagues.
• Work with brokers to develop innovations to existing risk transfer products or new products.
• Support efforts to prospect new business, including:
• Conducting various analyses of prospect companies using public data
• Researching any known issues publicly disclosed in press releases, earnings calls, investor presentations, etc.
• Generating relevant peer or industry studies
• Developing targeted content to address identified client/prospect needs
• Embrace Aon United by collaborating with colleagues outside of the reinsurance group where appropriate.
• Support management leadership and comply with Company policies and procedures. Candidates must lead by example.
• Skills: Actuarial Science, Risk Management, People Management, Project Management, Pricing Strategies

How This Role Is Different

The role is for an individual with a strong analytics background who is familiar with reinsurance pricing, stochastic modeling and capital allocation. Candidates will help broker teams achieve successful reinsurance placements optimizing outcomes for clients. Candidates can also articulate cost-benefit trade-offs to decision makers to help ensure goals are achieved. Positive outcomes are highly correlated with strong teamwork.

Required Skills And Qualifications

• Proficiency in programming R/Python/C/Java
• 12 years of ReinsuranceActuarial Experience
• Preferred ACAS or FCAS Credentialed

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 $220,000-$245,000 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.

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.

A summary of all the benefits offered for this position:

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; 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, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.