Early Careers: Catastrophe Modeling Analytic Trainee

Are you drawn to solving problems? Are you proficient in analytics? If yes, Aon is the place for you! 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. Location: Bloomington MN Chicago IL What the day will look like Catastrophe Data Modeling Analysts at Aon play an integral role in providing analytics support on risk assessment and risk management consulting for Aon Reinsurance Solutions. They use financial models to design and manage catastrophe reinsurance programs and are given the space to create their own professional reports and data visualizations to clearly communicate findings to internal and external clients and partners. As we help them grow their skills and knowledge, they become effective in assisting with client preparation work, such as creating presentations, proposals, and take pride the in accuracy and integrity of their work. Our colleagues: Running catastrophe modeling software for client and prospect portfolio risk analyses Preparing property insurance policy data for catastrophe risk analysis using SQL Query Analyzer and other data conversion tools Using financial models to design and manage catastrophe reinsurance programs Creating professional reports and visualizations to clearly communicate findings to internal and external clients and partners Responding to brokers, clients, and reinsurers on issues and questions relating to risk analysis for natural and human-made catastrophes Providing real-time loss estimates of actual catastrophic events Preparing and sending catastrophe risk assessment data to reinsurers and participating in reinsurance market calls Enhancing our clients' understanding of catastrophe risks, sensitivity studies and added analytics based on catastrophe model results How this opportunity is different Welcome to a real plan for success! These roles are part of our innovative Early Careers Development program, aptly named 'Launch.' We have thoughtfully crafted a program across 9 months, packed with in-person and virtual sessions, networking opportunities, self-study adventures, and even calls with global leaders. This is the blueprint for greatness that puts colleagues on the fast-track to becoming future leaders. Skills and experience that will lead to success Our Launch colleagues are collaborators, insightful analyzers, problem solvers, excellent teammates, effective communicators, relationship builders and future leaders. They come to Aon with varying experiences, backgrounds and strengths and help us offer the most innovative solutions to our clients. Across the board, they are proficient in effective communication with strong analytical and problem-solving skills, often keen to identify problems and draft their solutions. They have outstanding interpersonal skills and ability to work optimally in a team environment, applying their proven research skills, knowledge of Microsoft Office products and financial savvy to sophisticated, quantitative and mathematically focused projects. In this role, they also have experience programming with SQL, R or Python and have practical experience with data analysis, clean-up and validation in a work or academic setting. With the opportunity for temporary or permanent relocation to another Aon office, if desired, this role offers considerable career advancement. Qualifications Applicants should graduate between Spring 2024 to Spring 2025 and have a GPA of 3.0 or above. A Bachelor's degree (BA/BS) with majors in Economics, Finance, Math or another similarly quantitative/analytically oriented major or equivalent experience preferred. Please note: Immigration sponsorship is not available for this role. 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. People with criminal histories are encouraged to apply. 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 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 for this position is $71,500 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 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. #LI-HYBRID #AonLaunchUS #LI-MM3 #CatastopheModellingUS 2024-80983 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.