Commerical Risk Actuarial Associate Director

Aon is looking to fill a role for a Associate Actuarial Director

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, Minneapolis, and Washington, D.C.

Work Style: Prefer Hybrid, but will consider remote work style. 

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.

You will be responsible for producing clean, high-quality actuarial analyses with an eye towards the future. This includes, but is not limited to, actuarial modeling, managing multiple projects, communicating with clients, and working as an integral part of a broader Aon team. This role is client-facing, so the ability to communicate and build relationships is important.

We are looking for individuals who are passionate about developing their 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!

• Serve as lead consultant for high profile and large accounts.
• Have primary project responsibility for actuarial reserve analyses, risk allocation analyses, captive feasibility studies, insurance program pricing studies (including rating plans), and loss forecasting, variability analyses, simulations and cost of risk allocation.
• Sign actuarial letters of opinions.
• Build actuarial models when data is limited.
• Provide peer review to ensure applicable standards of practice are adhered to.
• Identify and build relationships with broader Aon team and client contacts.
• Prepare and present proposals in response to RFP’s without substantial oversight.
• Create and/or improve methodology, products, and operational procedures.
• Ensure that the Aon work product is of high quality, adheres to all relevant actuarial standards, and is provided in a timely manner.
• Develop strategies for actuarial and analytical consulting business. 
• Seek and actively participate in sales calls and presentations.
• Provide the leadership necessary to create and foster a team culture across all Aon teams.
• Anticipate client questions and prepare solutions to accomplish goals.
• Assist in the overall team effort for knowledge and best practices to be disseminated throughout the practice.

Education / Experience

• Attained ACAS or FCAS designation
• Maintains continuing education requirements.
• Meets requirements to sign actuarial opinion (ACAS + Exam 7).
• Minimum of 7 years relevant experience
• Strong knowledge of technology tools for actuarial analysis, technology applications and data utilization for actuarial functions.
• Commitment to client service and business ethics.

• 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.
• Excellent knowledge of alternative risk financing alternatives, insurance coverage options and major program designs.
• Commitment to client service and business ethics.

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 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, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@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 (intended for U.S. applicants) is [$190,000-$270,000] 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 actual salary may vary for applicants in a different geographic location.

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.

Aon offers a benefits package for temporary and seasonal employees who will work 20 or more hours per week including: medical, dental, and vision insurance at the employee’s expense, critical illness insurance, 10 Company holidays per calendar year (paid, if eligible), paid sick leave as provided under state and local law, and a 401(k) savings plan with employer contributions. Eligibility for benefits are governed by the applicable plan documents and policies.

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