Actuarial Pricing Associate Director

AON SERVICE CORPORATION • Bloomington, MN • 4h ago

Job Duties Associate Director - P&C Actuarial Pricing

Location: Hybrid (Chicago, Minneapolis, New York)

Role Overview

Aon's Strategy & Technology Group (STG) is seeking an experienced credentialed actuary to help grow an advisory capability focused on property & casualty insurance. This role supports complex client engagements across pricing and predictive modeling use cases and contributes to the development of a differentiated actuarial pricing offering within STG.

The role blends hands-on analysis with client advisory work. The successful candidate will develop and evaluate pricing strategies, and build and refine rating structures, while working closely with client stakeholders to ensure solutions are practical, interpretable, and aligned with business objectives.

Key Responsibilities

Develop, refine, and support actuarial pricing analyses across P&C insurance use cases, including rate adequacy, territorial analysis, and rating plan development.

Apply GLMs to model pure premium using large, complex insurance datasets.

Translate business problems into analytical solutions and clearly communicate results to both technical and non-technical audiences.

Effectively manage client engagements from problem definition through delivery, ensuring analytical rigor and actionable outcomes.

Partner with reinsurance brokers and senior team members to deliver industry-leading client solutions.

Provide technical leadership, training, and development to junior team members.

Support proposal development, client presentations, and RFPs as needed in collaboration with senior leadership.

Qualifications

7+ years of actuarial pricing experience within property & casualty insurance.

Bachelor's degree

FCAS credential preferred.

Prior experience conducting rate filing research using SERFF, including review of filing support, exhibits, regulatory correspondence, and objection handling.

Strong written and verbal communication skills, with the ability to explain complex analytical concepts clearly and concisely.

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.

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.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $180,000-$200,000 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 [bonus] varies and is subject to the terms and conditions of the applicable incentive plan.

A summary of all the benefits offered for this position:

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.

LI-KT1

LI-HYBRID

2576600

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.

Minimum Education Required High School Diploma or Equivalent

Minimum Experience Required 7 - 20 years

Shift First (Day)

Number of Openings 1

Public Transportation Accessible Yes

Veterans Encouraged to Apply No

Physical Required Yes

Drug Test Required Yes

Compensation $180,000.00 - $200,000.00 / Annually

Postal Code 55437

Job Type Full Time

Place of Work

On-site

Requisition ID

99866

Job Benefits

Not specified

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