Senior Managing Director- Actuarial Solutions Lead
Aon, Chicago, IL, United States
Senior Managing Director – STG Actuarial Consulting (Builder / Solutions Lead)
Location:
Hybrid – Chicago, IL, Minneapolis, MN or New York, NY (other locations considered)
Aon is in the business of better decisions. We shape decisions for the better to protect and enrich the lives of people around the world. Aon’s Strategy and Technology Group (STG) is the global consulting and technology business focused on insurers, reinsurers, and other participants in the insurance industry. STG leverages proprietary data, advanced analytics, and a worldwide network of experts to deliver distinctive insights and solutions across the risk and capital spectrum.
Responsibilities
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 (e.g., reinsurance advisory, strategy, capital, and analytics) 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 and “Aon United” ways of working.
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 range is an estimate and may vary based on education, experience, skills, and internal equity. The position may adjust for geographic location. Eligible for Aon’s annual incentive plans for a discretionary bonus and production incentives.
How We Support Our Colleagues In addition to a comprehensive benefits package, Aon offers inclusive workforce solutions, a variety of working style options, and two “Global Wellbeing Days” each year to support wellbeing and work/life balance.
Equal Opportunity Employer Aon values an innovative and inclusive workplace. 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.
Reasonable Accommodations We welcome individuals with disabilities and provide reasonable adjustments to participate in the job application, interview process and to perform essential job functions. For more information, email ReasonableAccommodations@Aon.com.
Search Firm Notice Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated for your submission of a candidate, even if Aon hires that candidate.
Disclaimer Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this role at any time.
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Location:
Hybrid – Chicago, IL, Minneapolis, MN or New York, NY (other locations considered)
Aon is in the business of better decisions. We shape decisions for the better to protect and enrich the lives of people around the world. Aon’s Strategy and Technology Group (STG) is the global consulting and technology business focused on insurers, reinsurers, and other participants in the insurance industry. STG leverages proprietary data, advanced analytics, and a worldwide network of experts to deliver distinctive insights and solutions across the risk and capital spectrum.
Responsibilities
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 (e.g., reinsurance advisory, strategy, capital, and analytics) 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 and “Aon United” ways of working.
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 range is an estimate and may vary based on education, experience, skills, and internal equity. The position may adjust for geographic location. Eligible for Aon’s annual incentive plans for a discretionary bonus and production incentives.
How We Support Our Colleagues In addition to a comprehensive benefits package, Aon offers inclusive workforce solutions, a variety of working style options, and two “Global Wellbeing Days” each year to support wellbeing and work/life balance.
Equal Opportunity Employer Aon values an innovative and inclusive workplace. 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.
Reasonable Accommodations We welcome individuals with disabilities and provide reasonable adjustments to participate in the job application, interview process and to perform essential job functions. For more information, email ReasonableAccommodations@Aon.com.
Search Firm Notice Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated for your submission of a candidate, even if Aon hires that candidate.
Disclaimer Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this role at any time.
#J-18808-Ljbffr