Reinsurance Director jobs in Arlington Heights, IL

Reinsurance Director is responsible for the administration of reinsurance plans. Maintains plan records and ensures compliance with federal regulations. Being a Reinsurance Director communicates with customers and assists with plan design and distribution when necessary. Ensures timely accounting, reporting and auditing. Additionally, Reinsurance Director researches and analyzes reinsurance prices and specifications. Communicates with underwriting area to verify the proper reinsurance administration is put in place. Supports the investigation of proposed reinsurance opportunities, rate comparisons, and profitability analysis. May have responsibility for reinsurance customer service. Has attained industry designations. Requires a bachelor's degree. Typically reports to top management. The Reinsurance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Reinsurance Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)

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Reinsurance Actuary - Associate Director
  • Aon
  • Chicago, IL FULL_TIME
  • Associate Director - Casulty & Specialty Reinsurance Analytics

    Are you looking for an opportunity to put your technical skills to use working on challenging real world business problems? Are you looking for a dynamic and collaborative 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 credit and specialty 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 role is based in 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, re/insurance or consulting. The individual will work in Aon reinsurance's credit and specialty analytics team to deliver value added reinsurance solutions to our clients. Your work will support both established and emerging solution lines, including credit and political risk (CPR) and bank credit risk transfer (CRT) re/insurance deal placements, as well as other traditional casualty client projects, working in a collaborative environment with other Aon colleagues. You will also perform market research and industry studies.

    Associate Directors are expected to be proficient in standard analyses, while also providing thought leadership and creating more advanced analyses as needed. 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 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 credit and specialty analytics. We have career development paths and promote from within first.

    Skills and experience that will lead to success
    • Strong proficiency in R, Python (or similar programming language), and MS Office suite, particularly Excel/VBA and PowerPoint
    • Credit and political risk modeling or other specialty analytics experience preferred, but we are also open to candidates with strong analytics background from other finance fields or consulting experience
    • Strong ability to understand and perform mathematical and statistical calculations
    • Ability to identify and resolve problems, think creatively, strategically, and analytically
    • Ability to work independently and in team environment. Excellent interpersonal and communication skills (oral and written)
    • 5 Actuarial Exams passed, or an advanced degree in a related field, or CFA, or 3 years of related working experience
    • Financial modeling, credit default analytics experience in a consulting, reinsurance or pricing environment preferred
    • Dynamic cashflow analysis, return attribution, Economic Capital modeling or financial valuation 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

    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 is $118,000 to $158,000 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 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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    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.

     

  • 19 Days Ago

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Reinsurance Actuarial Managing Director
  • Aon
  • Chicago, IL FULL_TIME
  • Aon is looking for a Reinsurance Actuarial Managing Director Preferred Locations: Chicago IL or Bloomington, MN-- Not Required The role is for an individual with a strong analytics background who is f...
  • 12 Days Ago

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Reinsurance Actuarial Associate Director- STG
  • Aon
  • Chicago, IL FULL_TIME
  • Aon is looking for an Associate Director Actuary - STG Actuarial Consulting Aon's Strategy and Technology Group (STG) are seeking an experienced actuary to join their team and help to accelerate the d...
  • 7 Days Ago

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Underwriting Assistant - Casualty/Professional Facultative Underwriting - Chicago
  • Everest Reinsurance Company
  • Chicago, IL FULL_TIME
  • Title: Underwriting Assistant - Casualty/Professional Facultative Underwriting - Chicago Company: Everest Reinsurance Company Job Category: Underwriting Job Description: This position will provide sup...
  • 1 Month Ago

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Reinsurance Analyst
  • AmericanAg™
  • Schaumburg, IL FULL_TIME
  • TITLE: Reinsurance Analyst DEPARTMENT: Reinsurance Strategy & Placement POSITION OBJECTIVE: Support the Reinsurance Strategy & Placement department in reinsurance information-gathering and transaction...
  • 21 Days Ago

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Reinsurance Modeling Analyst
  • AmericanAg™
  • Schaumburg, IL FULL_TIME
  • DEPARTMENT: Actuarial POSITION OBJECTIVE: Assist with reinsurance modeling activities for the Broker Assumed business portfolio REPORTS TO: Reinsurance Modeling Manager LOCATION: Schaumburg, Illinois ...
  • 2 Days Ago

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0 Reinsurance Director jobs found in Arlington Heights, IL area

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IT Director
  • LaSalle Network
  • Chicago, IL
  • LaSalle Network has partnered with a prominent manufacturing company in the Chicagoland area, seeking an experienced and...
  • 3/29/2024 12:00:00 AM

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Director of Grants
  • Career Blazers Nonprofit Search
  • Chicago, IL
  • Director of Grants Chicago, IL Hybrid Position Overview Be a part of a nonprofit organization dedicated to improving the...
  • 3/29/2024 12:00:00 AM

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Program Director
  • College Mentoring Experience Inc
  • Chicago, IL
  • Job Description Job Description Programs Director (PD) (Full-time, 40 hours) Exempt The Programs Director (PD) is respon...
  • 3/29/2024 12:00:00 AM

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Project Director
  • BlueTeam
  • Bensenville, IL
  • Project Director - Private Sector - BlueTeam? We are BlueTeam is a U.S. based service provider specializing in commercia...
  • 3/28/2024 12:00:00 AM

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Director of Operations
  • Staff Management | SMX
  • Chicago, IL
  • Staff Management/SMX has a Director of Operations located in the Chicago, IL area. We are looking for someone who can pl...
  • 3/27/2024 12:00:00 AM

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Director of Operations
  • Mauser Packaging Solutions
  • Chicago, IL
  • Mauser Packaging Solutions is a global leader in solutions and services across the packaging lifecycle, providing packag...
  • 3/26/2024 12:00:00 AM

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Director of Nursing
  • Sunrise Senior Living
  • Buffalo Grove, IL
  • Overview The Director of Nursing Services is responsible for providing leadership and management to the skilled nursing ...
  • 3/18/2024 12:00:00 AM

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Nursing Director
  • Sunrise Senior Living
  • Chicago, IL
  • Overview MAKE A DIFFERENCE EVERY DAY IN A UNIQUELY SUPPORTIVE COMMUNITY AND IGNITE YOUR FULL POTENTIAL. We champion qual...
  • 12/8/2023 12:00:00 AM

Arlington Heights is a village in Cook County in the U.S. state of Illinois. A suburb of Chicago, it lies about 25 miles (40 km) northwest of the city's downtown. The population was 75,101 at the 2010 census. It is the most populous community in the United States that is incorporated as a "village", although it is not far ahead of its nearby Illinois neighboring villages of Schaumburg and adjacent Palatine. Arlington Heights is known for Arlington Park Race Track, home of the Arlington Million, a Breeders' Cup qualifying event; it also hosted the Breeders' Cup World Thoroughbred Championships...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Director jobs
$119,456 to $171,645
Arlington Heights, Illinois area prices
were up 0.8% from a year ago

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