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Reinsurance Actuarial Managing Director

at Aon in Chicago, Illinois, United States

Job Description

Reinsurance Actuarial Managing Director
Preferred Locations: Chicago IL or Bloomington, MN-- Not Required
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.
You Bring Knowledge and Expertise:
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.
How This Role is Different:
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.
Required Skills and Qualifications
Proficiency in programming R/Python/C/Java
12 years of ReinsuranceActuarial Experience
Preferred ACAS or FCAS Credentialed
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 $195k-$245k 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... For full info follow application link.

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, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

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Job Posting: 11885601

Posted On: May 14, 2024

Updated On: May 28, 2024

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