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Reinsurance Actuarial Senior Analyst

Job Title: Reinsurance Actuarial Senior Analyst

Location: Chicago, IL

Work 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.

Job Responsibilities

  • Work 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 data.
  • Analyze, edit and model complex data and make appropriate decisions regarding analyses.
  • Assist in coordinating analysis priorities with appropriate broker teams.
  • Take ownership and responsibility for quality, accuracy and timely completion of analysis.
  • Understand reinsurance contracts and products (terminology, terms and conditions).
  • Assist in preparing client-ready presentations to communicate analysis results to brokers and clients.

Required Education, Skills and Experience

  • Bachelor’s degree required in Math, Actuarial Science, Computer Science, Engineering, Finance, Economics, or other similarly quantitative or analytically oriented major, or equivalent experience.
  • 3-4 years of experience in an analytically centric environment.
  • 3-5 CAS Actuarial Exams completed and passed or an advanced degree in a related field.

Preferred Skills and Experience

  • Programming (Python, R), and/or VBA or SQL abilities.
  • Dynamic Financial Analysis or Economic Capital Modeling experience a plus.
  • Reinsurance and/or consulting experience preferred.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. 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.

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 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.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application and interview process.

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 $85k-110k 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.

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.

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