Actuarial Analyst - US Cyber Reinsurance presso Aon Corporation

Actuarial Analyst – US Cyber Reinsurance

This is a hybrid role with the flexibility to work both virtually and from our New York City office

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

We are seeking an Actuarial Analyst for our Cyber Practice Group to support our expanding client base and the evolving needs of the cyber insurance and reinsurance market.  While the role is focused on Cyber, the analyst will have the opportunity to support and work with the broader U.S. actuarial group. 

• Work with colleagues (brokers, analytics, and others) to identify and respond to client needs and develop additional opportunities related to products and services 
• Inventory and manage data related to insurance and reinsurance portfolios 
• Analyze the risk inherent in cyber insurance portfolios via pricing analysis with limited guidance 
• Analyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling with limited guidance 
• Contribute to non-standard analyses that involve collaboration
• Analyze cyber risk in Property and Casualty insurance lines through synthesis of cybersecurity intelligence with traditional risk modeling methods, contributing to both standard and non-standard analytics projects 
• Learn and work with traditional actuarial tools for reinsurance analysis such as experience and exposure rating 
• Prepare client-ready PowerPoint presentations to communicate analysis results to brokers and clients 
• Research and report on trends in the rapidly evolving technology risk environment  

Skills and experience that will lead to success 

• Bachelor’s degree in Actuarial Science, Math, a related field, or equivalent years of industry experience.
• At least 1 year of experience in the insurance industry, ideally in an actuarial role 
• Completion of two or more actuarial exams preferred
• Proficiency in Microsoft Excel, Word, and PowerPoint
• Proficiency in one or more of R, Python and SQL, or similar tools
• Complete tasks accurately and on time or ahead of schedule, being aware of timelines and expectations of clients and colleagues 
• Excellent interpersonal and communication skills (oral and written) for both technical and nontechnical audiences 
• Ability to work in a fast-paced environment, independently and in collaboration with others 
• Flexibility to adapt when project timelines and expectations may change, and to adapt approaches when data is limited 
• Take initiative on internal projects to improve processes, products, or services 
• Take ownership and responsibility for quality, accuracy, and timely completion of deliverables 
• Ability to identify and resolve problems, think creatively, strategically, and analytically 

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 [email protected] 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 $80,000 to $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.  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 bonusvaries and is subject to the terms and conditions of the applicable incentive plan.

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