Reinsurance Actuarial Managing Director

Aon is looking for a Reinsurance Actuarial Managing Director

Preferred Locations: Chicago IL or Bloomington, MN-- Not Required

The role is for an individual with a strong analytics background who is familiar with reinsurance pricing, stochastic modeling and capital allocation. Candidates will help broker teams achieve successful reinsurance placements optimizing outcomes for clients. Candidates can also articulate cost-benefit trade-offs to decision makers to help ensure goals are achieved. Positive outcomes are highly correlated with strong teamwork.

Responsbilities:

• Manage multiple client specific deliverables related to reinsurance renewals and other special projects.
• Organize and prepare effective communications for submissions and proposals.
• Deliver client presentations and represent Aon as a speaker at client and industry events where appropriate.
• Provide advocacy in technical negotiations with third parties and provide other expertise to support colleagues.
• Work with brokers to develop innovations to existing risk transfer products or new products.
• Support efforts to prospect new business, including:
  • Conducting various analyses of prospect companies using public data
  • Researching any known issues publicly disclosed in press releases, earnings calls, investor presentations, etc.
  • Generating relevant peer or industry studies
  • Developing targeted content to address identified client/prospect needs
• Embrace Aon United by collaborating with colleagues outside of the reinsurance group where appropriate.       
• Support management leadership and comply with Company policies and procedures. Candidates must lead by example.
• Manage junior staff workload and oversee junior staff career development.
• Ensure all employees on team meet internal compliance and guidelines.
• Ensure all employees on team are fully engaged and exceeding expectations by checking in with employees regularly and flagging potential problems
• Maintain working relationships with all levels in the organization (peers, management, other departments and offices) by having regular dialog with counterparts throughout the organization to exchange ideas.

Preferred ACAS or FCAS Credentialed

Experience Required:

1. Proficiency in programming R/Python/C/Java 
2. 12 years of ReinsuranceActuarial Experience 

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 $195,000-$245,000 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.

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. This role does not accrue vacation.  Rather, this role is eligible to take paid time off at the discretion of the employee and management in accordance with Company policy and practices. Various other types of leaves of absence; 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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