Aon Corporation is a leading global professional services firm providing a broad range of risk, retirement, and health solutions. Headquartered in London, United Kingdom, with a significant presence in the United States, Aon operates in more than 120 countries. The company is committed to empowering economic and human possibility by delivering innovative and effective risk management, insurance brokerage, and consulting services to clients across various industries.
Services and Solutions
Aon provides a comprehensive suite of services designed to address the diverse needs of its clients. Key service areas include:
- Risk Solutions: Aon offers a wide range of risk management and insurance brokerage services, including property, casualty, liability, and specialty insurance. These solutions help businesses manage their risk exposures and ensure financial protection.
- Retirement Solutions: The company provides comprehensive retirement planning services, including pension plan consulting, actuarial services, and investment advisory. Aon’s retirement solutions help organizations design and manage effective retirement programs.
- Health Solutions: Aon delivers a variety of health and benefits consulting services, including health insurance, wellness programs, and employee benefits administration. These services are designed to improve employee health and well-being while managing costs for employers.
- Data and Analytic Services: Aon leverages advanced data analytics to provide insights and solutions in areas such as risk assessment, employee benefits, and retirement planning. These services help clients make informed decisions and optimize their strategies.
- Human Capital Solutions: The company offers human capital consulting services, including talent assessment, compensation consulting, and organizational development. These services help businesses attract, retain, and develop their workforce.
Actuarial Opportunities
Aon Corporation offers a range of opportunities for actuaries, particularly within its risk management, retirement solutions, and health solutions divisions. Actuaries at Aon play a critical role in product development, risk assessment, and financial forecasting. Key areas where actuaries contribute include:
- Product Pricing: Developing and implementing pricing strategies for various insurance, retirement, and health products to ensure competitiveness and financial sustainability.
- Risk Management: Analyzing and managing the risks associated with insurance, retirement, and health products to maintain the company's financial strength and stability.
- Data Analysis: Utilizing advanced data analytics to predict trends, improve decision-making, and enhance product offerings.
- Financial Forecasting: Creating financial models to project future costs, revenues, and profitability for insurance, retirement, and health products.
- Regulatory Compliance: Ensuring that products comply with state and federal regulations.
Employee Benefits and Compensation
Aon Corporation is committed to attracting and retaining top actuarial talent by offering competitive compensation and a comprehensive benefits package. Key benefits include:
- Health and Wellness: Aon provides comprehensive health insurance plans, including medical, dental, and vision coverage. The company also offers wellness programs and resources to support employee health and well-being.
- Retirement and Savings: Employees have access to retirement savings plans, including a 401(k) plan with company match, to help secure their financial future.
- Work-Life Balance: Aon supports flexible work arrangements, including remote work options and flexible scheduling, to help employees achieve a healthy work-life balance.
- Professional Development: The company invests in employee growth through various learning and development programs, including tuition assistance, leadership training, and career advancement opportunities.
- Paid Time Off: Generous paid time off policies, including vacation, holidays, and personal leave, are provided to ensure employees can recharge and maintain a healthy work-life balance.
Business Divisions
Aon Corporation operates through several key business divisions, each specializing in different areas of risk management, retirement solutions, and health solutions:
- Risk Solutions: Provides comprehensive risk management and insurance brokerage services, including property, casualty, liability, and specialty insurance.
- Retirement Solutions: Offers retirement planning services, including pension plan consulting, actuarial services, and investment advisory.
- Health Solutions: Delivers health and benefits consulting services, including health insurance, wellness programs, and employee benefits administration.
- Data and Analytic Services: Leverages advanced data analytics to provide insights and solutions in risk assessment, employee benefits, and retirement planning.
- Human Capital Solutions: Offers human capital consulting services, including talent assessment, compensation consulting, and organizational development.
Summary
Aon Corporation is a global leader in providing innovative risk, retirement, and health solutions, dedicated to helping businesses and individuals achieve financial security and success. With a strong presence in the United States and worldwide, Aon offers comprehensive services and a supportive work environment, making it an attractive employer for actuaries and other professionals. Actuarial professionals looking for opportunities at Aon can expect to find a dynamic workplace that values innovation, professional development, and employee well-being.