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Actuarial Associate

1 month ago

Montreal, Quebec, Canada Aon Corporation Full time
Job Summary

We are seeking a highly skilled Actuarial Associate to join our team in Aon's Professional Services Practice. As a key member of our actuarial team, you will be responsible for delivering high-quality actuarial services to our clients, including risk modeling, analysis, and reporting.

Key Responsibilities
  • Develop and maintain industry and firm-specific loss profiles for professional services firms, including modeling of severity and frequency distributions.
  • Manage the review and analysis of individual firm and general industry assumptions used in determining loss profiles.
  • Run frequency/severity Monte Carlo simulation models to arrive at actuarial funding/pricing requirements.
  • Support brokers by forecasting expected premium and reviewing program structure and proposed reinsurance arrangements.
  • Run simulation models to arrive at stochastic reserving estimates.
  • Manage and prepare premium funding and reserving reports for client captives.
  • Develop and refine financial modeling tools, including dynamic financial analysis and capital modeling.
  • Provide coaching/mentorship, personnel management, and peer review for analysts on the team.
Requirements
  • Minimum 2 years of experience in a P&C actuarial role.
  • Strong interpersonal skills and experience as an effective team player.
  • Excellent organizational skills and ability to work on multiple tasks and prioritize work.
  • Prior management experience is considered an asset.
  • Experience with VBA, R, and/or @Risk is considered an asset.
  • Bachelor's degree in actuarial science, mathematics, or similar relevant discipline.
  • Progression of CAS actuarial exams towards ACAS/FCAS designations.
  • French/English bilingualism preferred due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces, and/or internationally.
About Aon

Aon is a global professional services firm that helps clients make informed decisions about risk and capital. We are committed to creating a diverse and inclusive workplace where all colleagues feel empowered to be their authentic selves. 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.