Reinsurance Actuarial Senior Associate Director

Aon; BLOOMINGTON (MN); Hybrid; USD 150,000 - 170,000; Full time

Benefits offered by this job

401(k) retirement plan with employer |

Employee stock purchase plan

Medical, dental & vision insurance

Paid time off including holidays

Paid vacation (15 days)

Long-term disability

Job summary

Aon is seeking a Senior Associate Director in the U.S. with expertise in P&C risk modeling to support clients and brokers. The role emphasizes performing standard actuarial analyses and participating in advanced analyses to drive revenue growth.

You will present Aon’s solutions to clients, produce high-quality actuarial analyses, and mentor junior staff while coordinating with brokers and internal teams. Strong problem solving and multi-project management skills are essential.

Qualifications

• 5+ years of experience in an analytically centric environment, Property & Casualty field preferred.
• Bachelor's Degree in Actuarial Science, Math, a related field or equivalent years of industry experience.
• ACAS or an advanced degree in a related field preferred.

Responsibilities

• Analyze the costs and benefits of risk transferred under reinsurance agreements with minimal guidance on small to medium sized accounts.
• Understand reinsurance contracts and products (terminology, terms and conditions).
• Develop bespoke analyses, visualizations, and dashboards to explain analytics to actuaries, account specialists, and clients.
• Take ownership and responsibility for quality, accuracy, and timely completion of analysis.
• Work with colleagues (brokers, analytics and others) to identify and respond to client needs.
• Take initiative on internal projects to improve processes, products, or services.
• Manage workflow proactively and complete a project from start to finish with minimal input from lead consultant.
• Ability to outline tasks of a project, delegate to junior staff, and complete projects on time.
• Assist lead actuary in preparing and communicating analysis results to brokers and clients.
• Take an active role in technically reviewing junior staff work product and providing constructive feedback and coaching.

Skills

Modeling

Pricing

Actuarial Science

People Management

Project Management

Reserving

Education

Bachelor's Degree in Actuarial Science/Math or related field

ACAS or advanced degree preferred

Job description

Preferred Location: Philadelphia, PA

Additional Locations, Chicago, IL, New York, New York, Bloomington, MN
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Aon Reinsurance Solutions business group.

Preferred Location: Philadelphia, PA
Additional Locations, Chicago, IL, New York, New York, Bloomington, MN
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Aon Reinsurance Solutions business group.

The position is based in the U.S. but preferred office location is Philadelphia, PA. This position offers a hybrid workstyle (1-3 days in office) with a fully virtual option for highly qualified candidates.

Your impact as a Senior Associate Director

As a Senior Associate Director, your primary role will be to support clients as requested by supervisors or brokers, across virtually any client project or internal research assignment with a focus on P&C risk modeling.

Senior Associate Directors are expected to be masters in completing standard actuarial analyses, while also participating in more advanced analyses that support revenue growth.

You will become familiar with Aon’s tools and approach and present Aon’s solutions and services to our clients.

You will be responsible for producing and presenting high-quality actuarial analyses with keen attention to detail to help clients make strategic reinsurance buying decisions, while also building relationships internally and externally.

You should have an aptitude for problem solving, be able to manage multiple project deadlines at once, and effectively communicate the results of your analyses to clients and brokers.

Duties And Responsibilities

• Analyze the costs and benefits of risk transferred under reinsurance agreements with minimal guidance on small to medium sized accounts
• Understand reinsurance contracts and products (terminology, terms and conditions)
• Develop bespoke analyses, visualizations, and dashboards to explain analytics to actuaries, account specialists, and clients
• Take ownership and responsibility for quality, accuracy, and timely completion of analysis
• Work with colleagues (brokers, analytics and others) to identify and respond to client needs
• Take initiative on internal projects to improve processes, products, or services
• Manage workflow proactively and complete a project from start to finish with minimal input from lead consultant
• Ability to outline tasks of a project, delegate to junior staff, and complete projects on time
• Assist lead actuary in preparing and communicating analysis results to brokers and clients
• Take an active role in technically reviewing junior staff work product and providing constructive feedback and coaching
• Skills:Modeling Building, Pricing, Actuarial Science, People Management, Project Management, Reserving
  

Skills And Experience That Will Lead To Success

• 5+ years of experience in an analytically centric environment, Property & Casualty field preferred
• Bachelor's Degree in Actuarial Science, Math, a related field or equivalent years of industry experience
• ACAS or an advanced degree in a related field preferred

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

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 $150,000-$170,000 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.

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.