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Early Careers Actuary - Reinsurance

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Aon
Full Time position
Listed on 2026-03-15
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Analyst
  • Insurance
    Risk Manager/Analyst, Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Overview

Job Title Early Careers:
US
Mortgage Credit Reinsurance Actuarial Trainee

Are you intellectually curious with a passion for solving problems? Do you enjoy a flexible and collaborative, team-based environment where you are always learning and growing? If yes, Aon is the place for you!

Opportunities are available across the United States in a hybrid environment, allowing work from the office and remotely.

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

Reinsurance Actuarial Consulting (CAS Exam Track)

Unprecedented volatility is creating new risks and opportunities for organizations across the global economy. This team provides risk transfer, claims advocacy and capital management solutions to help re/insurers reduce volatility and build more resilient businesses, governments and communities.

Launch colleagues support clients across virtually any client project or internal research assignment. They develop proficiencies in completing standard analyses, while also taking part in more sophisticated strategies, becoming familiar with Aon’s tools and approaches.

Additional activities include:

  • 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.
  • Learn about reinsurance contracts and products (terminology, terms and conditions) and prepare client-ready presentations to communicate analysis results to brokers and clients.
  • Take the initiative on internal projects to improve processes, products or services.
How this opportunity is different

Welcome to a real plan for success! These roles are part of our innovative Early Careers Development program, aptly named "Launch." We have thoughtfully crafted a program across 12 months, packed with in-person and virtual sessions, networking opportunities, self-study adventures, and even calls with global leaders. This is the blueprint for greatness that puts colleagues on the fast-track to becoming future leaders.

Skills

and experience that will lead to success

Our Launch colleagues are collaborators, insightful analyzers, problem solvers, excellent teammates, effective communicators, relationship builders and future leaders. They come to Aon with varying experiences, backgrounds and strengths and help us offer the most innovative solutions to our clients. Across the board, they are proficient in effective communication with strong analytical and problem-solving skills, often keen to identify problems and draft their solutions.

They have outstanding interpersonal skills and ability to work optimally in a team environment, applying their proven research skills, knowledge of Microsoft Office products and financial savvy to sophisticated, quantitative and mathematically-focused projects.

Applicants should graduate between Spring 2025 to Spring 2026 and have a GPA of 3.0 or above with a concentration in actuarial science, statistics or a related field. Preference is given to those who have passed at least one actuarial exam.

Please note: immigration sponsorship is not available for this role.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self  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. 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 Rea or your recruiter. We will work with you to meet your needs and ensure a fair and equitable…

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