Actuarial Director

Aon
Chicago, New York
Workplace: HybridFull timeUSD 150,000 - 180,000 annuallyFunction: Insurance & ActuarialExperience: 7+ yearsSkills: ["Leadership","Client-facing communication"]

Lead P&C insurance reserving for quarterly loss and LAE reserve levels, including client-ready preparation, analysis, and presentation using standard actuarial reserving methods. Conduct qualitative and quantitative modeling to identify reserve drivers, and oversee allocation of held bulk reserves to granular levels. Serve as a QA and peer review leader while also building pricing and predictive models using analytics and machine learning for risk segmentation, profitability, and regulatory-aligned pricing.

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FursaFursa
Aon
Aon
10 months ago

Actuarial Director

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Last checked: 9 hours agoStatus: Live

Job Summary

Lead P&C insurance reserving for quarterly loss and LAE reserve levels, including client-ready preparation, analysis, and presentation using standard actuarial reserving methods. Conduct qualitative and quantitative modeling to identify reserve drivers, and oversee allocation of held bulk reserves to granular levels. Serve as a QA and peer review leader while also building pricing and predictive models using analytics and machine learning for risk segmentation, profitability, and regulatory-aligned pricing.
Location: Chicago, New York
Workplace: Hybrid
Employment Type: Full time
Job Function: Insurance & Actuarial
Seniority: Director level

Key Responsibilities

  • •Prepare, analyze, and present quarterly loss and LAE reserve levels using standard actuarial reserving methodologies, ensuring clear communication to clients and stakeholders.
  • •Conduct qualitative and quantitative analyses (data exploration, forecasting, modeling) to identify trends, deviations, and drivers of reserve results and provide recommendations.
  • •Oversee allocation of held bulk reserves to granular levels and support accounting teams for loss-based accruals.
  • •Perform quality assurance checks and peer reviews on team work to ensure technical accuracy and adherence to internal and external standards.
  • •Build and refine pricing models using predictive analytics and machine learning, improving risk segmentation and profitability while aligning with regulatory requirements.

Pay and Benefits

Salary: USD 150,000 - 180,000 annually
Perks:401kEquityHealth InsuranceDentalVisionPaid LeavePaid HolidaysLong-term DisabilityLife InsuranceTuition AssistanceCommuter BenefitsAdoption Assistance

Key Requirements

  • •7+ years of experience in actuarial reserving and reserve analysis for P&C insurance.
  • •ACAS or equivalent credential is required.
  • •Knowledge of pricing methods, predictive analytics, and actuarial techniques is expected.
  • •Experience with NAIC Statements of Actuarial Opinions is preferred.
  • •Bachelor’s or Master’s degree in Actuarial Science, Statistics, Data Science, Economics, or a related field (or equivalent industry experience).
Experience:7+ yearsP&C insurance
Education:
Skills:LeadershipClient-facing communication
Certifications:ACAS
Languages:English
Tech Stack:Actuarial reservingReserve analysisRSQLPythonPredictive analyticsMachine learningGLMsNAIC Statements of Actuarial Opinions

Company Brief

Aon
Global professional services firm providing risk, retirement, human resources, and insurance brokerage solutions to clients worldwide, including consulting, reinsurance, and data-driven risk management services.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: London, United Kingdom
Founded: 1982
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