Senior Managing Director- Actuarial Solutions Lead

Senior Managing Director – STG Actuarial Consulting (Builder / Solutions Lead)

Location: Hybrid – Chicago, IL, Minneapolis, MN or New York, NY (other locations considered)

Aon’s Strategy and Technology Group (STG) is Aon’s global consulting and technology business focused on insurers, reinsurers, and other participants in the insurance industry. STG combines privileged access to Aon’s proprietary data, advanced analytics, and global network of insurance experts to deliver distinctive insights and solutions across the risk and capital spectrum.

What the day will look like

• Lead consultative sales and client solutions
  • Own and grow relationships with C‑Suite and senior executives at insurers and reinsurers.
  • Drive complex, consultative sales processes from opportunity identification through proposal, structuring, and closing.
  • Diagnose client problems and design integrated actuarial and strategic solutions that address growth, profitability, capital, and risk objectives.
  • Articulate risk/reward trade‑offs and communicate complex technical concepts in clear, commercial language.
• Act as a “builder” of services and solutions
  • Develop and refine new actuarial and strategic consulting offerings, including value propositions, delivery methods, and pricing approaches.
  • Enhance existing offerings (e.g., pricing, reserving, capital modeling, portfolio optimization, product design) to improve client impact and scalability.
  • Identify and connect adjacent capabilities across STG and Aon to create bundled, higher‑value client engagements.
  • Pilot innovative solutions with anchor clients, capture learnings, and translate them into repeatable offerings and go‑to‑market collateral.
• Drive commercial growth
  • Develop and execute commercial strategies to expand STG’s actuarial advisory presence in target segments.
  • Research and analyze prospective clients using public data to identify issues, opportunities, and decision‑makers.
  • Create targeted content (e.g., issue papers, thought leadership, benchmarking studies, workshop materials) that address specific client and prospect needs.
  • Leverage internal and external networks to build a high‑quality pipeline of opportunities and drive revenue growth.
• Oversee delivery of complex actuarial advisory engagements
  • Lead multidisciplinary project teams delivering work across pricing, reserving, capital/DFA, portfolio optimization, reinsurance strategy, growth and product strategy, and related analytics.
  • Ensure high‑quality, timely delivery and a consistent client experience across engagements and geographies.
  • Serve as a trusted advisor in key meetings and workshops, including leading technical and strategic discussions with executives, regulators, boards, and other stakeholders.
• Contribute to culture, talent, and collaboration
  • Partner with STG and Aon Reinsurance leadership to foster a cohesive, collaborative culture.
  • Mentor and develop team members, helping them grow consultative skills, solution‑building capability, and commercial acumen.
  • Champion an environment of continuous improvement, innovation, and learning across the actuarial consulting team.

Background and credentials

• FCAS (or equivalent casualty actuarial credential) required.
• Typically 15+ years of experience in an analytics‑centric environment, preferably in property/casualty insurance, reinsurance, or actuarial consulting .
• Demonstrated track record leading complex actuarial and strategic engagements for insurance or reinsurance clients.
• Familiarity with R, Python, SQL or similar analytics tools preferred; strong proficiency in MS Office , particularly Excel and PowerPoint , required.

Pay Transparency Laws

The salary range for this position is $275,000 – $300,000 annually. This estimate varies based on applicant’s education, experience, skills, and abilities, as well as internal equity and market alignment. The salary may also be adjusted based on geographic location.

This position is eligible to participate in Aon’s annual incentive plans, including discretionary bonuses and production incentives in addition to base salary. Details of the bonus and incentive amounts are subject to the applicable plan terms.

Equal Employment Opportunity Statement

Aon provides equal employment opportunities to all employees and applicants 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 welcome applications from all and provide reasonable adjustments for individuals with disabilities for the application and interview process.

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