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Sr. Actuarial Associate Director
2 months ago
Location: Chicago, IL (Hybrid)
This is a hybrid role with the flexibility to split your time working virtually and from our office in the Aon Center in downtown Chicago.
Aon is in the business of better decisions
At 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.
What the day will look like
This role is for a hands-on individual with a strong analytics background, ideally in insurance, finance, or consulting. The individual will work in Aon's reinsurance mortgage analytics team to deliver value added reinsurance solutions to our clients. Your work will support mortgage credit risk transfer (CRT) reinsurance deal placements and other client projects working closely with other Aon colleagues. You will also perform market research and industry studies.
How this opportunity is different
Aon is the #1 broker in the mortgage credit risk reinsurance market. This is a fast-paced, client facing analytics role. If you are an ambitious person, this role provides an excellent opportunity to work and learn in a multidisciplinary team on the forefront of mortgage credit risk analytics. We also have a very competitive actuarial exam program with paid study time, reimbursements for exam fees and study materials, and generous raises and bonuses for passing.
Skills and experience that will lead to success
- Analytics background from insurance or finance fields; Consulting, economic capital modeling, catastrophe modeling, or reinsurance experience preferred but not required
- Experience in R, Python, SQL, or similar programming languages; Proficient in MS Office suite, particularly Excel/VBA and PowerPoint
- Ability to work independently and in a team, acting as a peer and a project manager
- Excellent interpersonal and communication skills (oral and written) when presenting analyses to internal and external stakeholders
- 5+ actuarial exams passed (near or recent ACAS and planning to pursue fellowship), or CFA, advanced degree in a related field, etc.
Education : Minimum requirement is Bachelor's degree in Actuarial Science, Economics, Finance, Math, Computer Science, or other related degrees.
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
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 $110k-160k 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 State/Region. 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.
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