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Job Details

Early Careers: Reinsurance Actuarial Specialist

Company name
Aon PLC.

Salary
{

Location
Bloomington, MN, United States

Employment Type
Full-Time

Industry
Actuarial, Insurance

Posted on
Mar 09, 2023

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Profile

Aon Is Looking For an Actuarial Specialist - Bloomington, MN  As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions.  We hire Actuarial Analysts in various solution lines to work on projects related to effectively managing retirement solutions.     This role falls under Aon’s early career development program, known as Launch. Building on the development colleagues receive in the role they are hired into, the Launch program is a supplemental development program for recent college recruits.    Recently voted one of the Best Employers for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.   Your Impact As An Actuarial Specialist  Reinsurance Actuarial Consulting  Unprecedented volatility is creating new risks and opportunities for organizations across the global economy. We provide risk transfer, claims advocacy and capital management solutions to help re/insurers reduce volatility and build more resilient businesses, governments and communities.   Job Responsibilities: Primary role is to support clients as requested by supervisor or brokers, across virtually any client project or internal research assignment. Analysts are expected to develop proficiencies in completing standard analyses, while also taking part in more advanced analyses as needed. You will become familiar with Aon’s tools and approach, contribute to their development and present Aon’s solutions and services to our clients. Secondary role is to assist in pricing parameter updates and market research. Additional activities include: Work with colleagues (brokers, analytics and others) to identify and respond to client needs and develop additional opportunities related to products and servicesInventory and manage data related to analysis of reinsurance transactionsAnalyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling with limited guidanceUnderstand reinsurance contracts and products (terminology, terms and conditions)Prepare client-ready presentations to communicate analysis results to brokers and clientsManage workflow proactivelyTake initiative on internal projects to improve processes, products or servicesTake ownership and responsibility for quality, accuracy and timely completion of analysisWhat are we looking for?   Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders.   We aim to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients.  Additionally, we take into consideration the following: Relevant work or internship experience. Involvement in extracurricular activities. Proficiency in Microsoft office products such as Word, PowerPoint, Excel and Outlook is required. Outstanding quantitative and analytical skillsStrong written and verbal communication skillsEnjoy working on complex, mathematically-oriented projects Education: Bachelor’s DegreeHave passed at least one actuarial exam, preferred Applicants for this role, which is part of the Launch program, should graduate between December 2022 – June 2023 and have a GPA of 3.0 or above.   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 (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, domestic partner status, or other legally protected status.  Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@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 $62,500 - $68,500 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. 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. #AonLaunchUS #ActuarialConsultingUS  2517488,qualifications:UNAVAILABLE,responsibilities:Aon Is Looking For an Actuarial Specialist - Bloomington, MN  As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions.  We hire Actuarial Analysts in various solution lines to work on projects related to effectively managing retirement solutions.     This role falls under Aon’s early career development program, known as Launch. Building on the development colleagues receive in the role they are hired into, the Launch program is a supplemental development program for recent college recruits.    Recently voted one of the Best Employers for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.   Your Impact As An Actuarial Specialist  Reinsurance Actuarial Consulting  Unprecedented volatility is creating new risks and opportunities for organizations across the global economy. We provide risk transfer, claims advocacy and capital management solutions to help re/insurers reduce volatility and build more resilient businesses, governments and communities.   Job Responsibilities: Primary role is to support clients as requested by supervisor or brokers, across virtually any client project or internal research assignment. Analysts are expected to develop proficiencies in completing standard analyses, while also taking part in more advanced analyses as needed. You will become familiar with Aon’s tools and approach, contribute to their development and present Aon’s solutions and services to our clients. Secondary role is to assist in pricing parameter updates and market research. Additional activities include: Work with colleagues (brokers, analytics and others) to identify and respond to client needs and develop additional opportunities related to products and servicesInventory and manage data related to analysis of reinsurance transactionsAnalyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling with limited guidanceUnderstand reinsurance contracts and products (terminology, terms and conditions)Prepare client-ready presentations to communicate analysis results to brokers and clientsManage workflow proactivelyTake initiative on internal projects to improve processes, products or servicesTake ownership and responsibility for quality, accuracy and timely completion of analysisWhat are we looking for?   Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders.   We aim to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients.  Additionally, we take into consideration the following: Relevant work or internship experience. Involvement in extracurricular activities. Proficiency in Microsoft office products such as Word, PowerPoint, Excel and Outlook is required. Outstanding quantitative and analytical skillsStrong written and verbal communication skillsEnjoy working on complex, mathematically-oriented projects Education: Bachelor’s DegreeHave passed at least one actuarial exam, preferred Applicants for this role, which is part of the Launch program, should graduate between December 2022 – June 2023 and have a GPA of 3.0 or above.   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 (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, domestic partner status, or other legally protected status.  Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@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 $62,500 - $68,500 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. 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. #AonLaunchUS #ActuarialConsultingUS ,skills:UNAVAILABLE,workHours:UNAVAILABLE,jobBenefits:,datePosted:2023-03-10T05:03:00 0000,employmentType:FULL_TIME,educationRequirements:UNAVAILABLE,salaryCurrency:USD,baseSalary:{@type:MonetaryAmount,currency:USD,value:{@type:QuantitativeValue,value:0,minValue:0,maxValue:0,unitText:YEAR}},validThrough:2024-03-10T20:30:43.000Z,industry:UNAVAILABLE,hiringOrganization:{@type:Organization,name:Aon Corporation,sameAs:https://jobs.aon.com,logo:https://assets.jibecdn.com/prod/aon/0.0.51/assets/brands/https://aon.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=1134557&hashed=154379},jobLocation:{@type:Place,address:{@type:PostalAddress,addressLocality:Bloomington,addressRegion:Minnesota,streetAddress:8200 Tower Suite 1100
5600 W. 83rd Street,postalCode:55437,addressCountry:United States}}}

Company info

Aon PLC.
Website : http://www.aon.com

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