Senior Analyst, Actuary
Company: Aon Corporation
Location: Morristown
Posted on: May 16, 2022
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Job Description:
Posting Description:
Aon is looking for a Senior Actuarial Analyst with our Reinsurance
Solutions GroupAs part of an industry-leading team, you will help
empower results for our clients by delivering innovative and
effective solutions as part of our Aon Reinsurance Solutions
business group. The position can be based in our Philadelphia, PA
or Morristown, NJ office. Upon full reopening of the offices, this
position can be full time in office or a hybrid of in office and
working from home. - -Your Impact as a Senior Actuarial
AnalystPrimary role is to support clients as requested by
supervisor or brokers, across virtually any client project or
internal research assignment with a focus on P risk modeling. You
will become familiar with Aon's tools and approach, contribute to
their development, and present Aon's solutions and services to our
clients. In addition to completing standard actuarial analyses, the
role will also be responsible for building, validating, and
consulting on group-level Enterprise Risk Modeling. Secondary role
is to perform market research and industry studies. This role
provides an opportunity to work in a multidisciplinary team on the
forefront of insurance analytics. Aon is incorporating full
automation, AI and machine learning to be at the forefront of our
industry. We have career development paths and promote from within
first. -Duties and responsibilitiesUnderstand reinsurance contracts
and products (terminology, terms, and conditions)Analyze the costs
and benefits of risk transferred under reinsurance
agreementsPrepare client-ready presentations to communicate
analysis results to brokers and clientsWrite and review R code to
automate actuarial analysesDesign, develop and validate Enterprise
Risk models (underwriting, reserving, credit, market)Develop
tailored analyses, visualizations, and dashboards to explain
analytics to actuaries, account specialists, and clientsWork with
colleagues (team members, brokers, account specialists and others)
to identify and respond to issues and develop additional
opportunities related to products and servicesTake ownership and
responsibility for quality, accuracy, and timely completion of
analysisTake initiative on internal projects to improve processes,
products, or servicesRequired skills and qualificationsProven
experience in a Property and Casualty actuarial role3 to 5
Actuarial Exams passed, or an advanced degree in a related
fieldProficiency in a programming language, e.g. R / Python / C /
JavaAbility to work independently and in team environmentAbility to
identify and resolve problems, think creatively, strategically, and
analyticallyStrong ability to understand and perform mathematical
and statistical calculationsMultifaceted Financial Analysis or
Economic Capital Modeling experience a plusMinimum educationDegree
required in the field of Actuarial Science, Math, Computer Science,
Finance, or related degreeAbout Aon Reinsurance Solutions:Aon
Analytics is the technical consulting arm of Aon Reinsurance
Solutions, the world's largest reinsurance intermediary. We are a
multi-disciplinary team of professionals with expertise in
actuarial science, accounting, tax, insurance/securities law,
underwriting, catastrophe modeling and financial fields. We pride
ourselves on our strength in product design and creativity. We are
fully involved in all aspects of the broking process, namely
origination (winning and growing clients), structuring (designing
products to tackle their risk management/financing problems) and
execution (placing these products with reinsurers and investors).We
offer youA competitive total rewards package, continuing education
& training, and tremendous potential with a growing worldwide
organization.Our Colleague Experience:From helping clients gain
access to capital after natural disasters, to creating access to
health care and retirement for millions, Aon colleagues empower
results for our clients, communities, and each other every day.
They make a difference, work with the best, own their potential,
and value one another. This is the Aon Colleague Experience,
defining what it means to work at Aon and realizing our vision of
empowering human and economic possibility. To learn more visit Aon
Colleague Experience.About Aon:Aon plc (NYSE:AON) is 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.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.Nothing in this job description
restricts management's right to assign or reassign duties and
responsibilities to this job at any time.
Keywords: Aon Corporation, Newark , Senior Analyst, Actuary, Professions , Morristown, New Jersey
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