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Aon is looking for a Senior Analyst. As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our PathWise Solutions Group (PSG) business group within Aon Reinsurance, in Toronto, Ontario. As a Senior Analyst, you will report directly to the Managing Director, Consulting. Your impact as a Senior Analyst PathWise Solutions Group (PSG) provides high productivity computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. PSG’s high-performance software platform, PathWise™, provides companies with the ability to easily model financial obligations without involved coding and is run on Graphical Processing Units (GPU), making it the fastest, readily available software platform currently in use in the insurance industry. PSG’s consulting services has focused primarily on actuarial analysis, reviews of hedging programs, and modeling of insurance liabilities and financial assets. Principal Responsibilities: Development Services Create insurance liability models, focusing on reserve and capital calculations for US and Canadian companies based on appropriate regulatory standards. Create and maintain financial asset models for use in balance sheet projections of financial services companies. Develop and maintain Economic Scenario Generators used in the valuation of financial assets and insurance liabilities. Further the development of robust processes for hedging, strategic asset allocation, scenario generator calibration, insurance company financial reporting, etc. Participate in the expansion of PathWise functionality as the need arises or as requested by clients Onboarding Services Support the development of models and processes for companies moving into PathWise. Provide hands-on training for PathWise users. Develop standalone training reference materials for PathWise users. Identify shortfalls in company processes and propose improvements Troubleshoot issues as they arise during PathWise migrations, focusing on providing a strong initial user experience. Business Development Support Participate in demonstrations to potential clients Develop models specific to client requirements Participate in industry, academic and internal research projects Develop and deliver presentations on emerging issues pertaining to the insurance industry and the financial services industry Attend industry and client conferences Preferred Skillset 1-2 years of experience in the life insurance industry in a pricing/hedging/valuation role working with financial guarantees embedded in life insurance products Knowledge of US and Canadian reserves and capital requirements for the life insurance industry, covering products such as Indexed and Variable Annuities (Segregated Funds), ULSG, and traditional life insurance products Knowledge of general insurance products for liability modeling purposes Understanding of financial assets including derivatives Familiarity with Monte Carlo simulations Knowledge of object-oriented programming concepts (Python programming experience preferred) Member of Canadian Institute of Actuaries or Society of Actuaries preferred Strong communication skills for heavy team and client interactions We offer you A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization. Our Colleague Experience: From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience. About Aon: Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position. Aon is committed to a diverse workforce as an Employment Equity employer (Women, People with Disabilities, Aboriginal Peoples, and Visible Minorities). DISCLAIMER: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. 2490551Read more
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