Early Careers: Actuarial Intern

Summary

Aon is inviting rising college seniors to join their 2027 Summer Internship Program in the Actuarial business area. The internship offers exposure to various actuarial paths, allowing interns to engage in client projects and develop analytical skills while collaborating with a team.

Responsibilities

• Crafting projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans as well as coordination of asset-liability analysis and due-diligence of M&A activities
• Design and costing of new retirement programs, programming of innovative pension admin systems, pension benefits calculations and union negotiation strategies as well as quantitative comparison of comprehensive employee benefit programs for groups of employers
• Evaluation of plan design and costs relative to benchmarks and rate-setting for self-insured plans including the analysis of medical and prescription drug network changes
• Employee contribution rate development and scenario analysis, analysis of plan renewals for appropriateness and carrier bid financial evaluations and the opportunity to conduct retiree medical and disability plan valuations
• Perform data management, loss forecasting, accruals, self-insurance analysis and cash flow analysis
• Collect, coordinate and analyze data for existing brokerage business and proposal development
• Prepare and maintain effective documentation of client correspondence and learn to process specific client assignments, alerting the service team to deficiencies in data, results or processes, contributing to improvement of operational procedures
• Work with colleagues (brokers, analysts and others) to identify and respond to client needs and develop additional opportunities related to products and services
• Inventory and handle data related to analysis of reinsurance transactions and analyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling
• Learn about reinsurance contracts and products (terminology, terms and conditions) and prepare client-ready presentations to communicate analysis results to brokers and clients
• Take the initiative on internal projects to improve processes, products or services!

Skills

• Rising seniors graduating between December 2027 – June 2028 with a minimum cumulative GPA of 3.0
• Pursuing a degree in Actuarial Science, Statistics, Mathematics, or related
• Have passed at least one actuarial exam, preferred

Qualifications

Must Haves

• Rising seniors graduating between December 2027 – June 2028 with a minimum cumulative GPA of 3.0
• Pursuing a degree in Actuarial Science, Statistics, Mathematics, or related

Nice to Haves

• Have passed at least one actuarial exam, preferred

Benefits

• Opportunities are available across the United States in a hybrid environment, allowing work from the office and remotely.
• 10 company holidays per calendar year (paid, if eligible)
• Paid sick leave as provided under state and local law
• Medical, dental, and vision insurance at the employee’s expense
• Critical illness insurance
• A 401(k) savings plan with employer contributions
• Two “Global Wellbeing Days” each year
• Social outings and community service activities throughout the internship
• Access to global leaders through weekly spotlights, roundtables and one-on-one internship mentoring