Actuarial Intern Aon Houston

Overview

Actuarial Intern Aon Houston – Job Description

Aon Is Looking for Actuarial Interns – The Woodlands (Houston) Texas

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions. Actuaries at Aon work with large, mid-sized and small clients on a variety of projects related to effectively managing Risk, Retirement Health and Reinsurance solutions. Your day-to-day responsibilities will vary, depending on your track, as we hire actuaries to work within all four of these core capabilities.

SOA Track: Retirement Consulting

Recently voted the #3 Best Employer for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Your Impact as An Actuarial Intern

Retirement Consulting

Pension and other retirement plans have enormous financial implications for employers. Actuaries within Retirement Consulting work directly with our clients’ management teams to assess the short and long-term costs associated with these commitments.

Job Responsibilities

You will have the opportunity to work on a variety of assignments during your internship. Some of the most important projects that retirement actuarial consultants work on are the annual pension “valuations.” Each year, actuaries collect census data from the clients and perform the annual valuation. With the results of these valuations, we help our clients assess the ongoing financial health of their pension plans. Additional activities include:

• Coordination of asset-liability analysis and other studies with investment consultants
• Merger and acquisition “due diligence” and related activities
• Design and costing of new retirement programs
• Programming leading-edge pension administration systems
• Pension benefit calculations for participants
• Union negotiation support and analysis
• Quantitative comparison of comprehensive employee benefit programs for groups of employers
• Projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans

Aon’s Internship Program

Interns within Aon will gain valuable experience assisting our teams supporting both client and internal projects. Interns will work with a cross-functional team to gain visibility and experience across a broad segment of clients. The 10-week summer program includes weekly spotlights delivered by Aon business leaders, a community outreach event and networking opportunities with fellow interns and colleagues.

• 10 Week Paid Program in Offices Throughout the U.S.
• Challenging Work on Significant Client Projects
• One on One Internship Mentoring
• Formal and Informal Feedback Throughout the Program
• Significant on the job training and firsthand experience
• Participation in formal training program taught by Aon’s Industry professionals

What are we looking for?

Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders.

We aim to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients. Additionally, we take into consideration the following:

• Relevant work or internship experience.
• Involvement in extracurricular activities.
• Proficiency in Microsoft office products such as Word, PowerPoint, Excel and Outlook is required.
• Outstanding quantitative and analytical skills
• Strong written and verbal communication skills
• Enjoy working on complex, mathematically-oriented projects
• Applicants for this role, which is part of the Aon Summer Internship Program, must be rising seniors, graduating between December 2020 – June 2021 and have a GPA of 3.0 or above.

Our Colleague Experience

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.