Retirement Experienced Actuarial Associate

Retirement Actuarial Associate/Experienced Associate

Location: Cleveland Ohio or Columbus Ohio

Office Designation: Hybrid

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 team and we are passionate about helping our colleagues and clients succeed.

What the Day Will Look Like

• Pass actuarial exams (minimal requirement of one course per year)
• 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
• Draft original materials (e.g. letters, reports, discussion guides)

Skills and Experience That Will Lead to Success

• 2-3 years of actuarial work experience
• Completion of several exams
• Reconciliation of liability gains and losses
• Microsoft Word and Microsoft PowerPoint

Preferred Experience:

• ASA or EA Designations
• Pension experience
• Valuation programming on ProVal system
• Basic knowledge of funding methods
• Minimum and/or maximum funding calculations

Education:

• Bachelors Degree in Actuarial Science, Mathematics, Economics or Statistics or similar field

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself.

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, inclusive 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

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

Pay Transparency Laws:

The salary range for this position intended for U.S. applicants is $70k-$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. This role does not accrue vacation. Rather, this role is eligible to take paid time off at the discretion of the employee and management in accordance with Company policy and practices. Various other types of leaves of absence; 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 program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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Requisition #: 90173

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