Retirement Experienced Actuarial Associate Location: Washington DC Aon is in the business of better decisions: At 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:
Prepare contribution requirements and accounting costs, with some oversight
Update valuation runs for any changes and program provisions from scratch
Interpret valuation results and provide initial recommendations to lead actuary
Perform more complicated or review more simple pension benefit calculations
Mentor/train entry level students
Demonstrate flexibility to work additional hours on occasion when client needs instruct
Draft original materials (e.g. letters, reports, discussion guides) with some guidance
How this Opportunity is Different:
Successful candidates will focus primarily on working with new and existing clients on actuarial strategy for pension plans and broader consulting on retirement plans. Colleagues in this role are expected to lead key client relationships, maintain leadership of a strong local client team located in Burlington, and assist in business and office leadership. Candidates are expected to have a strong background in technical aspects of pension and retiree medical valuations and experience working in strategic project areas, including settlements, plan design, funding strategy and pension de-risking.
Skills and Experience that will lead to success:
Undergraduate degree or equivalent industry experience (Statistics, Economics, Mathematics)
Preferred Actuary Experience but not required
2+ years of relevant experience
Pass actuarial exams (minimal requirement of one course per year)
How we support our colleagues
In 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 recognize 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 ReasonableAccommodations@Aon.com
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Pay Transparency Laws:
The salary range for this position intended for U.S. applicants is $75k-$95k annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. The salary range reflected is based on a primary work location of State/Region. The actual salary may vary for applicants in a different geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive [an annual discretionary bonus] in addition to base salary. The amount of any [bonus] varies and is subject to the terms and conditions of the applicable incentive plan.
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance p rogram that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
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2542933
Retirement Experienced Actuarial Associate
Location: Washington DC
Aon is in the business of better decisions:
At 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:
Prepare contribution requirements and accounting costs, with some oversight
Update valuation runs for any changes and program provisions from scratch
Interpret valuation results and provide initial recommendations to lead actuary
Perform more complicated or review more simple pension benefit calculations
Mentor/train entry level students
Demonstrate flexibility to work additional hours on occasion when client needs instruct
Draft original materials (e.g. letters, reports, discussion guides) with some guidance
How this Opportunity is Different:
Successful candidates will focus primarily on working with new and existing clients on actuarial strategy for pension plans and broader consulting on retirement plans. Colleagues in this role are expected to lead key client relationships, maintain leadership of a strong local client team located in Burlington, and assist in business and office leadership. Candidates are expected to have a strong background in technical aspects of pension and retiree medical valuations and experience working in strategic project areas, including settlements, plan design, funding strategy and pension de-risking.
Skills and Experience that will lead to success:
Undergraduate degree or equivalent industry experience (Statistics, Economics, Mathematics)
Preferred Actuary Experience but not required
2+ years of relevant experience
Pass actuarial exams (minimal requirement of one course per year)
How we support our colleagues
In 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 recognize 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 ReasonableAccommodations@Aon.com
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Pay Transparency Laws:
The salary range for this position intended for U.S. applicants is $75k-$95k annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. The salary range reflected is based on a primary work location of State/Region. The actual salary may vary for applicants in a different geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive [an annual discretionary bonus] in addition to base salary. The amount of any [bonus] varies and is subject to the terms and conditions of the applicable incentive plan.
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance p rogram that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
#LI-KT1
#LI-HYBRID
