Early Careers: Actuarial Intern

About the role

Aon invites intellectually curious rising college seniors with a passion for problem-solving to join our 2027 Summer Internship Program in our Actuarial business area. Immerse yourself in a unique and exciting environment as you sample a career that offers global reach and makes a tangible impact on our clients!

Opportunities

Opportunities are available across the United States in a hybrid environment, allowing work from the office and remotely.

Retailer Consulting (SOA Exam Track)

• Crafting projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans as well as coordination of asset-liability analysis and due-diligence of M&A activities.
• Design and costing of new retirement programs, programming of innovative pension admin systems, pension benefits calculations and union negotiation strategies as well as quantitative comparison of comprehensive employee benefit programs for groups of employers.

Health And Benefits (H&B) Consulting (SOA Exam Track)

• Evaluation of plan design and costs relative to benchmarks and rate-setting for self-insured plans including the analysis of medical and prescription drug network changes.
• Employee contribution rate development and scenario analysis, analysis of plan renewals for appropriateness and carrier bid financial evaluations and the opportunity to conduct retiree medical and disability plan valuations.

Risk Consulting (CAS Exam Track)

• Assess exposure to P&C risk by loss forecasting for budgeting and risk management strategy evaluation, calculating actuarial reserves for financial statement support, providing actuarial opinions for regulatory support, and evaluating total cost of risk for effective solutions.
• Perform data management, loss forecasting, accruals, self-insurance analysis and cash flow analysis.
• Collect, coordinate and analyze data for existing brokerage business and proposal development.
• Prepare and maintain effective documentation of client correspondence and learn to process specific client assignments, alerting the service team to deficiencies in data, results or processes, contributing to improvement of operational procedures.

Reinsurance Actuarial Consulting (CAS Exam Track)

• Work with colleagues (brokers, analysts and others) to identify and respond to client needs and develop additional opportunities related to products and services.
• Inventory and handle data related to analysis of reinsurance transactions and analyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling.
• Prepare client-ready presentations to communicate analysis results to brokers and clients.
• Take the initiative on internal projects to improve processes, products or services!

Skills and Experience

• Desire to work on a team with the capability for independent work.
• Driven by results and accomplishing tasks.
• Strong critical thinking, problem-solving and analytical tendencies with Alignment with values of integrity, client commitment and community dedication.
• Adaptability, quick learning ability and professional demeanor.
• Proficiency in Microsoft Office Suite, including Excel.
• Involvement in extracurricular activities.

Qualifications

• Rising seniors graduating between December 2027 – June 2028 with a minimum cumulative GPA of 3.0.
• Pursuing a degree in Actuarial Science, Statistics, Mathematics, or related.

What sets our program apart

• Explore Aon’s culture and business areas, developing practical skills vital for the future success and postgraduate opportunities.
• Engage in weekly spotlights, community outreach events and networking opportunities with peers, encouraging an understanding of the importance of exceeding client expectations and delivering distinct solutions.

Development Planning

• Participate in a comprehensive development plan that includes deeply understanding Aon’s business areas, ethical standards, professional environment, networking opportunities, learning internal systems, and honing interpersonal and team-building skills through collaboration events and colleague networking opportunities.

Future Opportunities

• Our program offers meaningful exposure to Aon, preparing interns for short-term and long-term career opportunities.
• Outstanding interns may receive offers to join Aon’s Launch Program, an early careers development opportunity, as a full-time colleague with generous benefits and tangible career path.

How We Support Our Colleagues

• We encourage an inclusive workforce.
• We offer a variety of working style solutions for our colleagues as well.
• We offer a benefits package for temporary and seasonal employees who will work 20 or more hours per week including: medical, dental, and vision insurance at the employee’s expense, critical illness insurance, 10 company holidays per calendar year (paid, if eligible), paid sick leave as provided under state and local law, and a 401(k) savings plan with employer contributions.

Equal Opportunity Employer

Aon is an equal opportunity employer and does not discriminate on the basis of race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.