What are the responsibilities and job description for the Associate Director - Growth Analytics Practice position at Aon Corporation?
Aon Reinsurance is looking for an Associate Director for our Growth Analytics Practice
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Reinsurance Analytics team focused on developing bespoke growth solutions for insurance clients. The qualified candidate will have a background at an insurance company with experience in product management for property lines of business. The position can be based out of our Chicago office.
Your Impact as an Associate Director
Primary role is to support clients as requested by supervisor or brokers, across virtually any client project or internal research assignment. Associate Directors are expected to develop proficiencies in completing standard analyses, while also taking part in more advanced analyses as needed. You will become familiar with Aon’s tools and approach, contribute to our client’s development and present Aon’s solutions and services to our clients. Secondary role is to assist in various research and development efforts and industry trend studies.
DUTIES AND RESPONSIBILITIES
Work with colleagues (brokers, analytics and others) to identify and respond to client needs and develop additional opportunities related to small commercial product growth analytics.- Inventory and analyze various rate and form filings for property products like BOP, CMP, and HO.
- Review insurance company product offerings to identify underwriting improvements
- Create profitability analyses across multiple products, segments, and geographies
- Understand catastrophe model output and its use in rate filings, pricing, and underwriting guidelines.
- Analyze client and/or industry expense information, non-cat loss information, and profit/capital requirements to build a total cost of risk.
- Understand reinsurance contracts and products (terminology, terms and conditions)
- Prepare client-ready presentations to communicate analysis results to brokers and clients
- Manage workflow proactively
- Take initiative on internal projects to improve processes, products or services
- Take ownership and responsibility for quality, accuracy and timely completion of analysis
REQUIRED SKILLS AND QUALIFICATIONS
5 years of experience in an analytically-centric environment- Experience at an insurance company in product management preferred
- Pre-ACAS if pursuing actuarial credentials
- Ability to work independently and in team environment
- Excellent interpersonal and communication skills (oral and written)
- Ability to identify and resolve problems, think creatively, strategically and analytically
- Strong ability to understand and perform mathematical and statistical calculations
- Extensive knowledge of MS Office suite of products (particularly Excel and PowerPoint)
- R, SQL, VBA coding abilities are a plus
- Supportive of Actuarial exams
MINIMUM EDUCATION
Degree required in the field of Actuarial, Math, Economics, Finance or related degree.
About Aon Benfield:
Aon Benfield Analytics is the technical consulting arm of Aon Benfield, the world's largest reinsurance intermediary. We are a multi-disciplinary team of professionals with expertise in actuarial science, accounting, tax, insurance/securities law, underwriting, catastrophe modeling and financial disciplines. We pride ourselves on our strength in product design and creativity. We are fully involved in all aspects of the broking process, namely origination (winning and growing clients), structuring (designing products to solve their risk management/financing problems) and execution (placing these products with reinsurers and investors).
We offer you
A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
Our Colleague Experience:
From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.
About Aon:
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Aon provides equal employment opportunities (EEO) 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, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.
DISCLAIMER:
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
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