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Reinsurance Actuarial Managing Director

Aon Service Corporation

Bloomington, MNFull-time$220–245K/yrSeen 1w agoSeen in employer's feed 6 days ago

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At a glance

Compensation
$220–245K/yr
Location
Bloomington, MN
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

The Reinsurance Actuarial Managing Director manages client deliverables for reinsurance renewals and special projects, supports prospecting and client presentations, and provides technical negotiation expertise. The role works with brokers on risk-transfer products and helps broker teams optimize reinsurance placements through analytics, pricing, stochastic modeling, and capital allocation. Preferred locations include New York, Chicago, and Bloomington, with virtual work considered for the right candidate.

Skills & qualifications

RequiredNice to have

Skills

Actuarial ScienceRisk ManagementPeople ManagementProject ManagementPricing StrategiesRPythonCJavaReinsurance PricingStochastic ModelingCapital AllocationAnalytics

Qualifications

12 Years Reinsurance Actuarial ExperienceACAS or FCAS CredentialHigh School Diploma or Equivalent

Benefits

401(k) Match
Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off
Tuition Assistance

Full job description

Job Duties

Reinsurance Actuarial Managing Director

Preferred Locations: New York, New York, Chicago IL, Bloomington MN, Open to Virtual for the right candidate

Aon is in the business of better decisions

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.

You Bring Knowledge and Expertise:

Manage multiple client specific deliverables related to reinsurance renewals and other special projects.

Organize and prepare effective communications for submissions and proposals.

Deliver client presentations and represent Aon as a speaker at client and industry events where appropriate.

Provide advocacy in technical negotiations with third parties and provide other expertise to support colleagues.

Work with brokers to develop innovations to existing risk transfer products or new products.

Support efforts to prospect new business, including:

Conducting various analyses of prospect companies using public data

Researching any known issues publicly disclosed in press releases, earnings calls, investor presentations, etc.

Generating relevant peer or industry studies

Developing targeted content to address identified client/prospect needs

Embrace Aon United by collaborating with colleagues outside of the reinsurance group where appropriate.

Support management leadership and comply with Company policies and procedures. Candidates must lead by example.

Skills: Actuarial Science, Risk Management, People Management, Project Management, Pricing Strategies

How This Role is Different:

The role is for an individual with a strong analytics background who is familiar with reinsurance pricing, stochastic modeling and capital allocation. Candidates will help broker teams achieve successful reinsurance placements optimizing outcomes for clients. Candidates can also articulate cost-benefit trade-offs to decision makers to help ensure goals are achieved. Positive outcomes are highly correlated with strong teamwork.

Required Skills and Qualifications

Proficiency in programming R/Python/C/Java

12 years of ReinsuranceActuarial Experience

Preferred ACAS or FCAS Credentialed

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.

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.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $220,000-$245,000 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.

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.

A summary of all the benefits offered for this position:

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 program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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Aon provides equal employment opportunities (EEO) 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, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

Minimum Education Required

High School Diploma or Equivalent

Minimum Experience Required

12 - 20 years

Shift

First (Day)

Number of Openings

1

Public Transportation Accessible

Yes

Veterans Encouraged to Apply

No

Physical Required

Yes

Drug Test Required

Yes

Compensation

$220,000.00 - $245,000.00 / Annually

Postal Code

55437

Job Type

Full Time

Place of Work

On-site

Requisition ID

108436

Job Benefits

Not specified

How this job compares

Set against the 262 open Actuarial jobs on Olive Jobs, counted October 28, 2026.

Pay
  • This posting$220–245K/yr
  • US median$128–204K/yr221 salary ranges

This range's midpoint, $233K, is 40% above the US median midpoint ($166K) — in the top quarter of Actuarial salary ranges across the US.

Openings
Olive Jobs lists 16 open Actuarial jobs in Minnesota and 262 across the US. 11% of them nationwide are listed as remote or flexible.
Hiring the most across the US
Experience
This posting asks for at least 12 years of experience — more than three in four Actuarial postings that state a minimum ask for (median 5 years, across 231 postings).
Education
This posting asks for a high school diploma; 154 of the 262 open Actuarial jobs (59%) ask for a high school diploma or higher.

Counted across the open, public US postings on Olive Jobs on October 28, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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