Director, Catastrophe Modeling - Predictive Analytics

Company: Aon Hewitt
Location: Chicago
Posted on: June 1, 2025

Job Description:

Aon is looking for a Director to join our Catastrophe Modeling - Predictive Analytics team, hybrid in Chicago, IL!As a senior member of the Catastrophe Management team, you will play an integral role delivering analytics solutions and risk management consulting for Aon Reinsurance Solutions clients. Analytics members are tasked with providing account support to deliver the best of Aon.Role Responsibilities

• Understand catastrophe modeling software output for client and prospect portfolio risk analysis.
• Use catastrophe model output for rate analysis, including developing catastrophe provisions, conduct reinsurance cost allocations, design and develop loss mitigation plans, develop new rating plans, and measure client profitability.
• Use financial models to design and manage catastrophe reinsurance programs.
• Create professional reports and visualizations to clearly communicate findings to internal and external clients and collaborators
• Respond to brokers, clients, and reinsurers on issues and questions relating to risk analysis for natural and artificial catastrophes.
• Provide regulatory support for clients' rate filings.
• Assist clients in the understanding of catastrophe risks, sensitivity studies, and added analytics based on catastrophe model results.
• Conduct rate filing, residual market, profitability research and construct industry reports.
• Conduct research on regulations pertinent to catastrophe risk managementTo Be Considered Qualified for This Role
  • Bachelor's degree (BA/BS) in Economics, Finance, Math, Engineering or other similarly quantitative or analytically-orientated major, or equivalent experience
  • 10+ years of direct industry experience in property insurance, actuarial, data analysis or experience in an analytical field; preferably analyzing complex datasets.
  • Excellent communicator, especially the ability to explain complicated concepts.
  • Experience with supervised and unsupervised learning. Ability to think strategically, work independently and take initiative.
  • Proven analytical skills and problem-solving experience.
  • Strong organizational skills including the ability to manage multiple projects, work well independently and meet goals in a timely manner.
  • Advanced user of SQL, Excel, and PowerPoint.
  • Programming skills in R or Python a plus.
  • Strong visualization software skills (Tableau, Power BI, etc.) a plus.We support our colleagues!In addition to our comprehensive benefits package, we encourage an inclusive 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, inclusive 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.comFor 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 range for this position is $135,000 to $165,000 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 to reflect 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.#li-kd12560379
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Keywords: Aon Hewitt, Wauwatosa , Director, Catastrophe Modeling - Predictive Analytics, Executive , Chicago, Wisconsin