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Aon · 1 day ago

Actuarial Associate Director – P&C Reserving – STG Consulting

New York, NY

Full-time

Hybrid

Mid, Senior Level, Lead/Staff

$150K/yr - $200K/yr

5+ years exp

Aon is a global consulting firm that focuses on better decision-making to protect and enrich lives. The Actuarial Associate Director in the Strategy and Technology Group will lead actuarial advisory services, primarily in reserving, while also engaging in pricing and capital modeling for clients in the insurance and reinsurance sectors.

ConsultingProfessional ServicesRisk Management

Responsibilities

Lead the preparation, analysis, and presentation of quarterly loss and LAE reserve levels using standard actuarial reserving methodologies, ensuring results are clearly communicated to clients and stakeholders

Conduct qualitative and quantitative analyses—including data exploration, forecasting, and modeling—to identify trends, deviations, and key drivers of reserve results, offering proactive insights and recommendations

Develop and deliver clear reports, presentations, and proposals to clients, supporting their decision-making and ensuring technical findings are accessible and actionable

Oversee the allocation of held bulk reserves to granular levels as directed by clients, and provide support to accounting teams for loss-based accruals

Perform quality assurance checks and peer reviews on the work of team members, ensuring technical accuracy, integrity, and adherence to internal and external standards

Review and evaluate existing procedures and operations, recommending and implementing improvements for greater efficiency and effectiveness both internally and for clients

Manage or participate in key actuarial projects, mentor junior team members, and support the delivery of quarterly reserve studies and Statements of Actuarial Opinion (SAO)

Knowledgeable on pricing strategies using predictive analytics, actuarial techniques, and machine learning

Build and refine pricing models to improve risk segmentation, profitability, and competitive positioning

Ensure pricing approaches align with regulatory requirements and market dynamics

Deliver on consulting projects focused on the development, implementation & validation of capital modeling solutions for North American Property & Casualty insurance clients

Stay current on emerging modeling techniques and tools and apply them to solve complex business problems

Serve as a trusted team member on client engagements, translating complex analytics into actionable business insights

Support on client engagements from scoping through delivery, ensuring high-quality outcomes and long-term value

Assist in business development efforts by crafting proposals, presenting thought leadership, and identifying growth opportunities

Partner with underwriting, product, claims, legal, actuarial, and technology teams to deliver integrated solutions

Promote collaboration across teams to ensure seamless execution of pricing and modeling strategies

Monitor regulatory changes and advise clients on necessary adjustments to pricing and modeling frameworks

Mentor and develop team members, fostering a culture of continuous learning and professional growth

Implement effective performance management practices and participate in recruitment efforts

Qualification

Actuarial ReservingPricing & Predictive ModelingCapital ModelingEconomic Capital ModelingMachine LearningGLMsNAIC Statements of Actuarial OpinionsDynamic Financial AnalysisRSQLPythonClient CollaborationRegulatory ComplianceTalent DevelopmentCross-Functional Leadership