Actuarial Consultant - Casualty Insurance

Aon is looking to fill the role of Actuarial Consultant

As part of an industry-leading team, you will help empower results by delivering innovative and effective solutions that will have an impact within the Actuarial & Analytics practice of Aon’s Global Risk Consulting business group.

Location: Chicago, New York, Philadelphia, Boston, and Washington, D.C.

Work Style: Prefer Hybrid - in office as needed and possible remote work style depending on experience

You will receive a competitive salary and work in a highly collaborative environment. We are a fast-paced, rapidly growing firm that is the perfect place for a goal-oriented, hardworking individual who is looking to make a large-scale impact. We expect substantial growth over the next few years, which means you can expect plenty of opportunities to learn and advance your career.

As an Actuarial Consultant, you will be responsible for providing support to the lead actuary, with a goal of growing into the lead actuary role. This will involve data cleansing, actuarial modeling, project management, supporting client relationships (both internal and external), and presentation development. You must also be willing to continue to learn new things, both through internal networking (e.g., with other Aon colleagues) and through external/industry research as needed. You should have an aptitude for problem solving, attention to detail, and the capacity to juggle multiple projects at once.

We are looking for individuals who are passionate about learning and looking for opportunities to gain additional knowledge and skills within the actuarial and consulting industry. If you have a curiosity for problem-solving, the ability to prioritize and deliver quality work products, and enjoy a flexible work environment, this may be the perfect opportunity for you!

• Gain and maintain proficiency in existing tools by supporting a variety of ongoing actuarial work, including loss reserving, loss forecasting, self-insurance analysis, simulations, etc.
• Assist in improving benchmarking efforts, whether in data collection or analysis
• Produce documentation and assist in training efforts for broader roll-outs as needed
• Report to the local A&A team, but receive additional guidance and supervision from other Aon A&A professionals worldwide
• Efficiently deliver quality products and services to clients or colleagues on time, and ensure work product consistently meets expectations for accuracy, process, and reasonability
• Be able to work independently
• Continuously develop and apply improved procedures to increase accuracy and efficiency, and alert team members to deficiencies in data, processes, and results
• Remain compliant with time and expense reporting and other internal Aon business requirements.

Education / Experience

• BS/BA Degree or equivalent in mathematics, statistics, computer science, economics, finance, or other related analytical fields.
• Passed 3-4 exams toward attaining Associate of the Casualty Actuarial Society credential
• Commitment to attaining credentials in the Casualty Actuarial Society
• Prior internship in an actuarial field is a plus, but not required

• Strong abilities with Microsoft Excel, Word, PowerPoint, and Access.
• Experience with programming languages (R, Python, SQL) and @Risk are a plus, but not required.
• Ability to operate effectively through challenging or ambiguous situations.
• Good communication skills, both oral and in writing.
• Good organization and time management skills; ability to work independently.
• Close attention to detail.
• Ability to write complex reports and business correspondence.
• Excellent knowledge of actuarial methodologies and principles.
• Commitment to client service and business ethics.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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 $75,000 to $150,000 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 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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