Early Careers Actuary - Reinsurance

Aon
Chicago, IL

Posting Description:

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. 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.


Pay Transparency Laws:


Sample Language for all U.S. Postings


Salary range or hourly pay range for the position


The salary range for this position (intended for U.S. applicants) is $68,000 - $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.


Whether it is bonus/commission eligible


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.


#ActuarialConsultingUS

#LI-JHJ1

#AonLaunchUS

#LI-hybrid

Posted 2026-03-18

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