Actuarial Associate Director – P&C Reserving – STG Consulting

Actuarial Associate Director – P&C Reserving – STG Consulting

This is a hybrid role with the flexibility to work both virtually and from our Chicago, Minneapolis, or New York City Offices

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.

Aon’s Strategy and Technology Group (STG) is seeking an experienced actuary to join their consulting team and help to accelerate the development of their actuarial advisory business focused on clients in the insurance and reinsurance industries.

STG is Aon’s new global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry. Primary role will be reserving with secondary focus on pricing and/or capital modeling.

• Lead the preparation, analysis, and presentation of quarterly loss and LAE reserve levels using standard actuarial reserving methodologies, ensuring results are clearly communicated to clients and stakeholders.
• Conduct qualitative and quantitative analyses—including data exploration, forecasting, and modeling—to identify trends, deviations, and key drivers of reserve results, offering proactive insights and recommendations.
• Develop and deliver clear reports, presentations, and proposals to clients, supporting their decision‑making and ensuring technical findings are accessible and actionable.
• Oversee the allocation of held bulk reserves to granular levels as directed by clients, and provide support to accounting teams for loss‑based accruals.
• Perform quality assurance checks and peer reviews on the work of team members, ensuring technical accuracy, integrity, and adherence to internal and external standards.
• Review and evaluate existing procedures and operations, recommending and implementing improvements for greater efficiency and effectiveness both internally and for clients.
• Manage or participate in key actuarial projects, mentor junior team members, and support the delivery of quarterly reserve studies and Statements of Actuarial Opinion (SAO).

• Knowledgeable on pricing strategies using predictive analytics, actuarial techniques, and machine learning.
• Build and refine pricing models to improve risk segmentation, profitability, and competitive positioning.
• Ensure pricing approaches align with regulatory requirements and market dynamics.

• Deliver on consulting projects focused on the development, implementation & validation of capital modeling solutions for North American Property & Casualty insurance clients.
• Stay current on emerging modeling techniques and tools and apply them to solve complex business problems.

• Serve as a trusted team member on client engagements, translating complex analytics into actionable business insights.
• Support on client engagements from scoping through delivery, ensuring high‑quality outcomes and long‑term value.
• Assist in business development efforts by crafting proposals, presenting thought leadership, and identifying growth opportunities.

• Partner with underwriting, product, claims, legal, actuarial, and technology teams to deliver integrated solutions.
• Promote collaboration across teams to ensure seamless execution of pricing and modeling strategies.

• Monitor regulatory changes and advise clients on necessary adjustments to pricing and modeling frameworks.

• Mentor and develop team members, fostering a culture of continuous learning and professional growth.
• Implement effective performance management practices and participate in recruitment efforts.

Skills and experience that will lead to success

• 5+ years of experience in Actuarial Reserving and Reserve Analysis for P&C insurance.
• Experience in Economic capital modeling for Property and Casualty insurance preferred
• Prior experience working as an Actuarial…