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Reinsurance Actuarial Director

2 months ago

Atlanta, United States Aon Hewitt Full time

Reinsurance Actuarial Director

Location: Chicago, New York, Philadelphia, Atlanta GA, Minneapolis, MN

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 Your Day Will Look Like:

  • Analyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling for large accounts. Oversee analysts doing the same for small to medium sized accounts.
  • Take ownership and responsibility for quality, accuracy and timely completion of analysis.
  • Understand reinsurance contracts and products (terminology, terms and conditions).
  • Take initiative on client service projects to improve processes, products or services.
  • Work with colleagues across service teams (brokers, analytics and others) to identify and respond to client needs.
  • Develop strong relationships with other analytics and broker colleagues.
  • Provide mentorship to junior colleagues on experience & exposure methods, as well as communication of their results.
  • Design the narrative & structure for client presentations to communicate analysis results to brokers and clients.
  • Communicate appropriately to both actuaries and non-actuaries via written and verbal mediums.

How This Role is Different:

Primary role is to support clients as requested by supervisor or brokers, across virtually any client project or internal research assignment. You will become familiar with Aon’s tools and approach, contribute to their development, and present Aon’s solutions and services to our clients. Directors are expected to manage junior colleagues in completing standard actuarial analyses, be hands on with more advanced analyses, and create value-added analytics.

You Bring Knowledge and Expertise

  • 7+ years of experience in a Property and Casualty actuarial role
  • ACAS Credential or higher, or an advanced degree in a related field preferred
  • Proficiency in a programming language, e.g. R / Python / C / Java
  • Proficiency with MS Office suite
  • Reinsurance and/or consulting experience preferred
  • Strong ability to understand and perform mathematical and statistical calculations
  • Dynamic Financial Analysis or Economic Capital Modeling experience a plus
  • Bachelors Degree Required

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.

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.

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 $151-$178k 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.

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