Early Careers: Actuarial Intern, Property & Casualty – Fall 2024

Aon

3mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Banking & Finance
Vancouver, +3

Requirements

Previous actuarial and insurance work term experience is an asset.
Excellent English skills (written and verbal) are required.
Strong math and analytical skills.
Strong interpersonal skills with a positive attitude and ability to work in teams.
Ability to explain complex concepts in a simple and effective manner to a non-technical audience.
Creative and strategic thinker with an ability to deliver pragmatic solutions.
Must clearly demonstrate competency for attention to detail.
Excellent organizational skills – ability to work on multiple tasks and prioritize work.
Proficiency with MS Office (Word and Excel) is an asset.
Experience with @Risk, VBA and/or R is an asset.
Education:
Currently pursuing a Bachelor's degree in actuarial science, mathematics, or similar discipline.
Exam progress with the Casualty Actuarial Society (CAS) is an asset.

Responsibilities

Assist in developing industry and firm-specific loss profiles for professional liability risks exposures of professional service firms (such as accountants, consultants, and law firms), including the modeling of severity and frequency distributions, using our repository of large professional service firm historical loss information.
Assist in the review and analysis of individual firm and general industry assumptions used in determining accounting firm loss profiles.
Run simulation models to arrive at actuarial funding/pricing requirements for our clients and their captives, 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 reserving estimates, using various assumptions and approaches.
Assist in preparing premium funding and reserving reports for client captives.
Assist in developing and refining financial modeling tools (dynamic financial analysis, capital modeling).

Aon

Aon is in the business of better decisions

Consulting

Industry

10,001+

Employees

1940

Founded Year

Mission & Purpose

Aon is a global professional services firm that specializes in risk management, insurance brokerage, and human resources solutions. They offer a wide range of services including risk assessment, insurance brokerage, retirement and health solutions, and data analytics. Aon's ultimate mission is to empower clients to manage risk effectively, optimise their resources, and make informed decisions that drive business growth and resilience. Their purpose is to help clients navigate the complexities of risk and talent management, providing innovative solutions and insights that enable organisations to mitigate risks, protect assets, attract and retain talent, and enhance overall operational performance. Aon aims to be a trusted advisor, offering customised solutions that address the unique challenges of their clients across industries, ensuring they are well-prepared and positioned for success in a rapidly changing world.