Actuarial Analyst Reinsurance

Profile

Aon is Looking for an Actuarial Analyst – Reinsurance 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 Reinsurance Solutions line. The position is based in our Chicago office.  Your Impact as an Actuarial Analyst – ReinsuranceWork Style: Hybrid As an Actuarial Analyst you will have responsibility for managing and completing projects across several P&C lines of business, as well as Specialty lines including Credit. You will become familiar with Aon's tools and approach, contribute to their development, and present Aon's solutions and services to our clients. The nature of the work is project-oriented, client-focused and targeted at creative problem solving. You will be exposed to a wide range of insurance and reinsurance products, both traditional and non-traditional, including but not limited to excess of loss reinsurance, stop-loss insurance, as well as various quota share structures.  Job ResponsibilitiesWork with broker team, analytics team, and other team members (technology, financial) to identify client needs and develop additional opportunities related to products and services.Inventory and manage client as well as industry dataAnalyze, edit and model complex data and make appropriate decisions regarding analysesAssist in coordinating analysis priorities with appropriate broker teamsTake ownership and responsibility for quality, accuracy and timely completion of analysisUnderstand reinsurance contracts and products (terminology, terms and conditions)Assist in preparing client-ready presentations to communicate analysis results to brokers and clientsManage workflow proactively and independentlyConsistently produce high quality analyses in timeframes agreed to or providedTake initiative on internal projects to improve processes, products or services.Coordinate with other team members to ensure clients’ needs are being met and resources are not overlapping or contradicting.Required Education, Skills and ExperienceBachelor’s degree required in Math, Actuarial Science, Computer Science, Engineering, Finance, Economics, or other similarly quantitative or analytically oriented major, or equivalent experience0-2 years of experience in an analytically centric environment1 to 5 CAS Actuarial Exams completed and passed or an advanced degree in a related fieldAbility to work independently and take initiativeExcellent interpersonal and communication skills (both oral and written).Ability to identify and resolve problems, think creatively, strategically and analytically.Accuracy, thoroughness, and strong attention to detail.Strong ability to understand and perform mathematical and statistical calculationsExtensive knowledge of MS Office suite of products (particularly Excel) Preferred Skills and ExperienceProgramming (Python, R), and/or VBA or SQL abilities Dynamic Financial Analysis or Economic Capital Modeling experience a plusReinsurance and/or consulting experience preferredAbout Aon Reinsurance:Aon Reinsurance Analytics is the technical consulting arm of Aon Reinsurance, the world's largest reinsurance intermediary. We are a multi-disciplinary team of professionals with expertise in actuarial science, accounting, tax, insurance/securities law, underwriting, catastrophe modeling and financial disciplines. We pride ourselves on our strength in product design and creativity. We are fully involved in all aspects of the broking process, namely origination (winning and growing clients), structuring (designing products to solve their risk management/financing problems) and execution (placing these products with reinsurers and investors). Aon is in the business of better decisionsAt 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, diverse team, and we are passionate about helping our colleagues and clients succeed.  How we support our colleagues  In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.  We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! 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 values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.   Aon provides equal employment opportunities (EEO) 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.  Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.  We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. The salary range for this position is $70,000 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.The salary range reflected is based on a primary work location of Chicago, IL.  The actual salary may vary for applicants in a different 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. 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.  #LI-JS2#LI-HYBRID 2518886,qualifications:UNAVAILABLE,responsibilities:Aon is Looking for an Actuarial Analyst – Reinsurance 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 Reinsurance Solutions line. The position is based in our Chicago office.  Your Impact as an Actuarial Analyst – ReinsuranceWork Style: Hybrid As an Actuarial Analyst you will have responsibility for managing and completing projects across several P&C lines of business, as well as Specialty lines including Credit. You will become familiar with Aon's tools and approach, contribute to their development, and present Aon's solutions and services to our clients. The nature of the work is project-oriented, client-focused and targeted at creative problem solving. You will be exposed to a wide range of insurance and reinsurance products, both traditional and non-traditional, including but not limited to excess of loss reinsurance, stop-loss insurance, as well as various quota share structures.  Job ResponsibilitiesWork with broker team, analytics team, and other team members (technology, financial) to identify client needs and develop additional opportunities related to products and services.Inventory and manage client as well as industry dataAnalyze, edit and model complex data and make appropriate decisions regarding analysesAssist in coordinating analysis priorities with appropriate broker teamsTake ownership and responsibility for quality, accuracy and timely completion of analysisUnderstand reinsurance contracts and products (terminology, terms and conditions)Assist in preparing client-ready presentations to communicate analysis results to brokers and clientsManage workflow proactively and independentlyConsistently produce high quality analyses in timeframes agreed to or providedTake initiative on internal projects to improve processes, products or services.Coordinate with other team members to ensure clients’ needs are being met and resources are not overlapping or contradicting.Required Education, Skills and ExperienceBachelor’s degree required in Math, Actuarial Science, Computer Science, Engineering, Finance, Economics, or other similarly quantitative or analytically oriented major, or equivalent experience0-2 years of experience in an analytically centric environment1 to 5 CAS Actuarial Exams completed and passed or an advanced degree in a related fieldAbility to work independently and take initiativeExcellent interpersonal and communication skills (both oral and written).Ability to identify and resolve problems, think creatively, strategically and analytically.Accuracy, thoroughness, and strong attention to detail.Strong ability to understand and perform mathematical and statistical calculationsExtensive knowledge of MS Office suite of products (particularly Excel) Preferred Skills and ExperienceProgramming (Python, R), and/or VBA or SQL abilities Dynamic Financial Analysis or Economic Capital Modeling experience a plusReinsurance and/or consulting experience preferredAbout Aon Reinsurance:Aon Reinsurance Analytics is the technical consulting arm of Aon Reinsurance, the world's largest reinsurance intermediary. We are a multi-disciplinary team of professionals with expertise in actuarial science, accounting, tax, insurance/securities law, underwriting, catastrophe modeling and financial disciplines. We pride ourselves on our strength in product design and creativity. We are fully involved in all aspects of the broking process, namely origination (winning and growing clients), structuring (designing products to solve their risk management/financing problems) and execution (placing these products with reinsurers and investors). Aon is in the business of better decisionsAt 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, diverse team, and we are passionate about helping our colleagues and clients succeed.  How we support our colleagues  In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.  We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! 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 values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.   Aon provides equal employment opportunities (EEO) 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.  Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.  We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. The salary range for this position is $70,000 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.The salary range reflected is based on a primary work location of Chicago, IL.  The actual salary may vary for applicants in a different 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. 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.  #LI-JS2#LI-HYBRID,skills:UNAVAILABLE,workHours:UNAVAILABLE,jobBenefits:UNAVAILABLE,datePosted:2023-01-30T22:45:00 0000,employmentType:FULL_TIME,educationRequirements:UNAVAILABLE,salaryCurrency:USD,baseSalary:{@type:MonetaryAmount,currency:USD,value:{@type:QuantitativeValue,value:0,minValue:0,maxValue:0,unitText:YEAR}},validThrough:2024-01-30T22:47:35.000Z,industry:UNAVAILABLE,hiringOrganization:{@type:Organization,name:Aon Corporation,sameAs:https://jobs.aon.com,logo:https://assets.jibecdn.com/prod/aon/0.0.49/assets/brands/https://aon.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=1134557&hashed=154379},jobLocation:{@type:Place,address:{@type:PostalAddress,addressLocality:Chicago,addressRegion:Illinois,streetAddress:200 E Randolph,postalCode:60601,addressCountry:United States}}}

Company info

Aon PLC.
Website : http://www.aon.com