Early Careers: Actuarial Specialist

About the role

Aon is offering early career opportunities in actuarial consulting across the United States in a hybrid environment. The Early Careers Development program, called 'Launch,' is designed to help colleagues become future leaders.

Responsibilities

• Crafting projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans.
• Coordination of asset-liability analysis and other studies with investment consultants.
• Merger and acquisition “due diligence” and related activities.
• Design and costing of new retirement programs.
• Pension benefit calculations for participants.
• Union negotiation support and analysis.
• Quantitative comparison of comprehensive employee benefit programs for groups of employers.
• 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.
• Valuation of retiree medical and disability plans.
• Supporting analytical work including data management, loss forecasting, accruals, self-insurance analysis and cash flow analysis.
• Collecting, organizing and analyzing data, in support of existing brokerage business and proposal development.
• Preparing and maintaining 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.
• 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.

Qualifications

• Graduate between Spring 2025 to Spring 2026.
• Average GPA of 3.0 or above.
• A concentration in actuarial science, statistics or a related field.
• Preference given to those who have passed at least one actuarial exam.

Skills

• Collaborators.
• Insightful analyzers.
• Problem solvers.
• Excellent teammates.
• Effective communicators.
• Relationship builders.
• Future leaders.

Benefits

• Comprehensive benefits package.
• Two “Global Wellbeing Days” each year.
• Flexible working style solutions.
• Continuous learning culture.

Pay

The salary range for this position (intended for U.S. applicants) is $68,000 - $90,000 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.

Schedule

Aon offers a hybrid work schedule, allowing work from the office and remotely.