Senior Associate Director Cyber Actuary

Aon is looking for an Associate Director or Director of Cyber Actuary within our Reinsurance Solutions group

The position is based in the U.S. with preferred office locations Atlanta, Charlotte, Chicago, Denver, New York, or Philadelphia. This position offers a hybrid workstyle (1-3 days in office) with a fully virtual option for highly qualified candidates.

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 team and we are passionate about helping our colleagues and clients succeed.

What the day will look like:

Your primary role will be to support clients as requested by supervisor or brokers, across virtually any client project or internal research assignment with a focus on Cyber risk modeling. Directors are encouraged to be a master in completing standard actuarial analyses, while also participating in more advanced analyses that support revenue growth. You will become familiar with Aon's tools and approach and present Aon's solutions and services to our clients.

You will be responsible for producing and communicating high-quality actuarial analyses with keen attention to detail with the goal of helping clients make strategic reinsurance buying decisions, while also building relationships internally and externally. You should have an aptitude for problem solving, be able to manage multiple project deadlines at once, and be able to effectively communicate the results of your analyses to clients and brokers.

• Analyze the costs and benefits of risk transferred under reinsurance agreements with minimal guidance on small to medium sized accounts.
• Understand reinsurance contracts and products (terminology, terms, and conditions)
• Ability to model cyber reinsurance contracts including pro-rata, excess of loss and catastrophe excess of loss.
• Develop bespoke analyses, visualizations, and dashboards to explain analytics to actuaries, account specialists, and clients.
• Take ownership and responsibility for quality, accuracy, and timely completion of analysis.
• Work with colleagues (brokers, analytics, and others) to identify and respond to client needs.
• Take initiative on internal projects to improve processes, products, or services.
• Ability to outline tasks of a project, delegate to junior staff, and complete projects on time with clear messaging and takeaways for stakeholders.
• Manage and coach junior actuarial colleagues

Required Skills and Qualifications

• 5+ years of experience in an analytically centric environment, Cyber field preferred.
• Bachelor's Degree in Actuarial Science, a related field or equivalent years of industry experience.
• Pre - ACAS, ACAS or FCAS or actively pursuing FCAS or an advanced degree in a related field.
• Proficiency in a programming language, e.g., R / Python / C / Java including data extraction and transformation.
• Extensive knowledge of MS Office suite of products
• Ability to work independently and in a team environment.
• Ability to identify and resolve problems, think creatively, strategically, and analytically.
• Strong interpersonal and communication skills (oral and written)
• Strong ability to understand and perform mathematical and statistical calculations.
• Economic Capital Modeling experience are a plus.
• Reinsurance and/or consulting experience preferred.
• Management experience preferred

How we support our colleagues

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.

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.

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 and inclusive 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. People with criminal histories are encouraged to apply.

We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

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 $150000 to $200000 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.

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.

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