Actuarial Associate – Aon

Title of the Job: Actuarial Associate

Location: Montreal, QC

Job Description: Posting Description:Actuarial AssociateWe are looking for a passionate business-oriented risk professional to support our actuarial team and clients in delivering key risk insights to our professional services firm clients helping them make informed data-driven business decisions.As part of Aon’s professional services actuarial team, you will have the opportunity to engage directly with clients and stakeholders in presenting risk modelling results and analysis to help clients achieve their business objectives.This is a hybrid role with the flexibility to work both virtually and from any of our Canadian offices.Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.Aon is in the business of better decisionsAt 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, diverse team, and we are passionate about helping our colleagues and clients succeed.What the day will look like

• Communicate with global clients, both internal and external to Aon; and be prepared to lead technical discussions in client meetings.
• Developing industry and firm-specific loss profiles for professional services firms, including the modelling of severity and frequency distributions, using our repository of historical loss information for large professional services firms.
• Manage the review and analysis of individual firm and general industry assumptions used in determining loss profiles for professional services firms (accounting firms, law firms, consultants, and design firms).
• Run frequency/severity Monte Carlo simulation models to arrive at actuarial funding/pricing requirements, using various assumptions and approaches.
• Support brokers by forecasting expected premium, including a review of program structure and proposed reinsurance arrangements.
• Run simulation models to arrive at stochastic reserving estimates, using various assumptions and approaches.
• Manage and prepare premium funding and reserving reports for client captives.
• Manage, develop and refine financial modelling tools (dynamic financial analysis, capital modelling).
• Provide coaching/mentorship, personnel management, and peer review for analysts on the team.

How this opportunity is differentThis is a truly unique position within the actuarial team residing in Aon Risk Solutions’ Professional Services Practice. Aon’s Professional Services Practice is the leader in our segment, there is no better option in the industry. We work in conjunction with the client service teams to deliver actuarial services to our clients. Delivering high-quality work product in a supportive team environment where client demands are high and constantly changing.Skills and experience that will lead to success

• Minimum 2 years of experience in a P&C actuarial role.
• Strong interpersonal skills. Experienced as an effective team player.
• Must clearly demonstrate competency for attention to detail.
• Excellent organizational skills – ability to work on multiple tasks and prioritize work.
• Prior management experience is considered an asset.
• Experience with VBA, R and/or @Risk is considered an asset.
• Bachelor’s degree in actuarial science, mathematics, or similar relevant discipline.
• Progression of CAS actuarial exams towards ACAS/FCAS designations.
• French / English bilingualism preferred due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces and/or internationally.

How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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, but we also recognise that flexibility goes beyond just the place of work… and we are all for it. We call this Smart Working!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, diverse 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.We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email

Company Name: Aon

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