Mortgage Credit Reinsurance Analyst - Entry Level

Are you looking for an opportunity to put your technical skill to use working on challenging real world business problems? Are you looking for a dynamic and collegial work environment that offers excellent learning opportunities and career growth potentials?

Aon is seeking an ambitious quantitative professional with excellent communication and project management skills to focus on mortgage credit risk reinsurance analytics. As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Aon Reinsurance Solutions' global credit group.

This is a hybrid role with the flexibility to work both virtually and from our Chicago office.

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

What the day will look like

This role is for a hands-on individual with a strong analytics background, ideally in finance, insurance or consulting. The individual will work in Aon reinsurance's mortgage analytics team to deliver value added reinsurance solutions to our clients. Your work will support mortgage credit risk transfer (CRT) reinsurance deal placements and other client projects working closely with other Aon colleagues. You will also perform market research and industry studies.

Analyst are expected to be proficient in standard analyses. You will become familiar with Aon's tools and approach, contribute to our client's development and present Aon's solutions and services to our clients.

How this opportunity is different

Aon is the #1 broker in the mortgage credit risk reinsurance market. This is a fast-paced client facing analytics role. If you are an ambitious person, this role provides an excellent opportunity to work and learn in a multidisciplinary team on the forefront of mortgage credit risk analytics. We have career development paths and promote from within first.

Skills and experience that will lead to success

• Strong proficiency and prior experience in data analytics languages such as R, Python, SQL, or similar programming languages.
• Familiarity with MS Office suite, particularly PowerPoint and Excel.
• Strong analytics background from P&C lines of business, other financial fields, or consulting experience.
• Strong ability to understand and perform mathematical and statistical calculations.
• Ability to identify and resolve problems by thinking creatively, strategically, and analytically.
• Ability to work independently and in a team environment. Excellent interpersonal and communication skills (oral and written).
• Progress towards passing Actuarial Exams (3+), an advanced degree in a related field, or 3+ years of related working experience.
• Desire to build a career in reinsurance, consulting, financial modeling, or credit default analytics is preferred.
• Model building, Economic Capital modeling, return attribution, reinsurance valuation, or mortgage analytics experience are a plus.

Education:

Minimum requirement is Bachelor's degree in Actuarial Science, Economics, Finance, Math, Computer Science, or other related degrees.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

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, diverse 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

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

The salary range for this position (intended for U.S. applicants) is $70,000 to $85,000 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.

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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