Aon – Early Careers: Analyst Intern, Life Insurance Solutions – Reinsurance – Summer 2025 – Toronto, ON

Company: Aon

Location: Toronto, ON

Expected salary:

Job date: Wed, 08 Jan 2025 06:04:25 GMT

Job description: Job Description:Aon is looking for an Analyst Intern, Life Insurance Solutions – ReinsuranceAre you a student with excellent technical and analytical skills looking to gain professional experience as part of an industry- leading team? Are you motivated to achieve tangible outcomes for our clients by delivering innovative and effective solutions? Our PathWise Solutions Group (PSG) business is looking for an analyst intern.This is a 4-month internship opportunity with the flexibility to work both virtually and from our Toronto office.Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.Aon is in the business of better decisionsAt 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.Job ResponsibilitiesThe Analyst Intern, Life Insurance Solutions – Reinsurance will support in the capacity of a business analyst role to gather requirements from the clients (life insurance companies), and then work with the team that consist of actuaries, software developers, and financial modelers to develop strategies and approaches to resolve issues and delivery.Client Operations Support

  • Monitor and respond to operational issues in PathWise based on client specific requirements and processes
  • Assess and prioritize user issues and ensure they are recorded and addressed in a timely manner
  • Create monthly reports for clients which document system availability and support services provided
  • Support cloud operations and maintenance as it pertains to the management of client SaaS operations
  • Help maintain and strengthen client relationships through participation in client consultations
  • Be a primary contact for select clients

Systems Development Services

  • Create and maintain financial asset models for use in balance sheet projections of financial services companies.
  • Work with software and infrastructure teams to develop robust improvements with stability, runtime and uptime, to
  • Participate in the expansion of PathWise functionality as required or as requested by clients

How this opportunity is differentPathWise Solutions Group (PSG) provides high productivity computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. PSG’s high performance software platform, PathWise™, provides companies with the ability to easily model financial obligations without involved coding and is run on Graphical Processing Units (GPU), making it the fastest, readily available software platform currently in use in the insurance industry. PSG’s consulting services has focused primarily on actuarial analysis, reviews of hedging programs, and modeling of insurance liabilities and financial assets.This position will support the client management services provided by PSG to its North American clients, primarily located in the United States and Canada. The core responsibilities include creating and maintaining client processes as well as handling operations on the virtual private cloud (VPC) provided and serviced by PSG for its clients.Skills and experience that will lead to success

  • Understanding of financial assets including derivatives
  • Familiarity with Monte Carlo simulations
  • Former experience or knowledge of programming concepts (experience with Python)
  • Strong communication skills for heavy team and client interactions
  • Ability to work independently
  • Knowledge of general insurance products for liability modeling purposes (asset)
  • Bilingual in both French and English is an asset

Education

  • Currently enrolled in an advanced Degree in a quantitative field such as Computer Science, Mathematics, Statistics or equivalent
  • Experience in the financial services sector preferred

How we support our colleaguesIn 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 recognise 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#HYBRID#AonInternshipCanada#LI-KT2 #AonNewGradsRotationalCanada2550096

Liberty Mutual Canada – Reinsurance Accountant – Toronto, ON

Company: Liberty Mutual Canada

Location: Toronto, ON

Expected salary:

Job date: Tue, 28 Jan 2025 23:14:56 GMT

Job description: Division: Liberty Mutual CanadaLocation: TorontoReports To: Manager, Internal ReinsuranceCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionPosition Summary:Liberty is seeking a detail-oriented Reinsurance Accountant to join our Global Reinsurance team located in our Toronto office. The Reinsurance Accountant will be responsible for assisting with monthly reporting, partnering with brokers through billing and collection and ad hoc projects as assigned. Successful candidates for this role will also perform monthly general ledger accounting and month end processing. As a Reinsurance Accountant, you will review and settle monthly and quarterly reinsurance agreements (of moderate to high complexity) based upon the reinsurance contracts. You will also prepare and assist with monthly/quarterly Corporate reporting requirements. If you want to learn, grow and contribute in a fast paced environment, please read further!Duties and Responsibilities:

  • General ledger accounting & month end processing
  • Perform internal & external reporting of financial statements & maintain/modify the reporting templates as required
  • Compile and analyze data for the Actuarial team, for quarterly deliverables
  • Account reconciliations
  • Responsible for the management and reporting of our LOCs and collateral
  • Assist with internal and external audits
  • Review reinsurance data set and prepare premium bordereaux, loss bordereaux, summary cession statement & proofs of loss
  • Prepare reconciliation of statements and accounts to system sub ledger accounts to ensure accuracy
  • Assist with planning and forecasting
  • Ad hoc projects and requests as required
  • Assist in updating and reconciling reinsurance database on a monthly basis
  • Perform other analysis & accounting related projects as assigned
  • Liaise with regional finance groups and Liberty Mutual Home Office Reinsurance in reinsurance matters
  • Provides support for Statutory reporting
  • Prepare Federal Excise Tax reporting and other Corporate deliverables
  • Assist with and/or provide input on process and reporting enhancement initiatives

Skills & Qualifications:

  • A minimum of 2 years of finance or accounting – ideally in insurance in the P&C area with exposure to reinsurance concepts.
  • Professional accounting designation (CPA) preferred or equivalent work experience.
  • Broad knowledge of reinsurance concepts, products and processes an asset.
  • Ability to work with large volumes of data to derive business solutions
  • High proficiency with Microsoft Excel
  • Experience working with automated accounting and reporting systems
  • Ability to identify and solve problems based on analysis
  • Strong interpersonal communication skills (written and oral)

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.

Liberty Mutual Canada – Reinsurance Accountant – Toronto, ON

Company: Liberty Mutual Canada

Location: Toronto, ON

Expected salary:

Job date: Wed, 29 Jan 2025 05:03:15 GMT

Job description: Job Description:Division: Liberty Mutual CanadaLocation: TorontoReports To: Manager, Internal ReinsuranceCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionPosition Summary:Liberty is seeking a detail-oriented Reinsurance Accountant to join our Global Reinsurance team located in our Toronto office. The Reinsurance Accountant will be responsible for assisting with monthly reporting, partnering with brokers through billing and collection and ad hoc projects as assigned. Successful candidates for this role will also perform monthly general ledger accounting and month end processing. As a Reinsurance Accountant, you will review and settle monthly and quarterly reinsurance agreements (of moderate to high complexity) based upon the reinsurance contracts. You will also prepare and assist with monthly/quarterly Corporate reporting requirements. If you want to learn, grow and contribute in a fast paced environment, please read further!Duties and Responsibilities:

  • General ledger accounting & month end processing
  • Perform internal & external reporting of financial statements & maintain/modify the reporting templates as required
  • Compile and analyze data for the Actuarial team, for quarterly deliverables
  • Account reconciliations
  • Responsible for the management and reporting of our LOCs and collateral
  • Assist with internal and external audits
  • Review reinsurance data set and prepare premium bordereaux, loss bordereaux, summary cession statement & proofs of loss
  • Prepare reconciliation of statements and accounts to system sub ledger accounts to ensure accuracy
  • Assist with planning and forecasting
  • Ad hoc projects and requests as required
  • Assist in updating and reconciling reinsurance database on a monthly basis
  • Perform other analysis & accounting related projects as assigned
  • Liaise with regional finance groups and Liberty Mutual Home Office Reinsurance in reinsurance matters
  • Provides support for Statutory reporting
  • Prepare Federal Excise Tax reporting and other Corporate deliverables
  • Assist with and/or provide input on process and reporting enhancement initiatives

Skills & Qualifications:

  • A minimum of 2 years of finance or accounting – ideally in insurance in the P&C area with exposure to reinsurance concepts.
  • Professional accounting designation (CPA) preferred or equivalent work experience.
  • Broad knowledge of reinsurance concepts, products and processes an asset.
  • Ability to work with large volumes of data to derive business solutions
  • High proficiency with Microsoft Excel
  • Experience working with automated accounting and reporting systems
  • Ability to identify and solve problems based on analysis
  • Strong interpersonal communication skills (written and oral)

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.

Liberty Mutual Canada – Senior Reinsurance Coordinator – Toronto, ON

Company: Liberty Mutual Canada

Location: Toronto, ON

Expected salary:

Job date: Wed, 08 Jan 2025 23:16:54 GMT

Job description: Department: Global ReinsuranceLocation: TorontoReports To: Vice President, Global ReinsuranceCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:Reporting to the Vice President of our Global Reinsurance department, the Senior Reinsurance Coordinator will be responsible for conducting analysis, overseeing billing/collections of reinsurance transactions, and assisting with ensuring reinsurance operations are reported in an accurate and timely manner.Duties and Responsibilities:

  • Ensure all treaties, quota share and XOL treaties are appropriately settled with the markets and internal reinsurance teams on a timely basis.
  • Assist with the quarterly reporting for Schedule F and other reinsurance reporting
  • Analyzes and validates reinsurance files and corresponding premium and claims payments.
  • Processes and provides accurate and timely information to internal and external stakeholders regarding Canadian reinsurance programs.
  • Maintaining the reporting of reinsurance accounts, including liaising with underwriters and external parties to ensure accounts are reported and settled on time.
  • Work with claims team to compute and effectively communicate reinsurance recoveries related to losses and loss expenses.
  • Assist with implementation of SOX key controls for the Reinsurance Process and work with the Risk and Controls Team during periodic testing of key controls.
  • Liaises with key stakeholders (underwriters, brokers, claims, etc.) to proactively resolve issues and clear outstanding balances.
  • Assist with and review work produced by outsourced teams, such as EXL.
  • Reconciling broker statements with our records, distributing broker statements as required, and following up on outstanding items to resolution with brokers.
  • Actively seeks enhancements and makes recommendations for new processes to improve efficiencies or rectify inaccuracies or information gaps.
  • Organize and lead on reinsurance workflows including organizing and leading meetings on any exceptions.
  • Perform ad-hoc tasks as requested.

Skills & Qualifications:

  • Undergraduate degree – Finance, Math, or Accounting preferred
  • Minimum of 2 years of financial industry experience preferred – ideally in insurance in the P&C area with exposure to reinsurance concepts.
  • High proficiency in the use of MS Excel, MS Access, SAP, SQL.
  • Broad knowledge of reinsurance concepts, products and processes is an asset.
  • Ability to work with large volumes of data to derive business solutions.
  • Experience working with automated accounting and reporting systems.
  • Ability to identify and solve problems based on analysis (start to finish concept).
  • Proven superior communication, presentation and customer service skills.
  • Attention to detail.
  • Strong business and interpersonal communication skills (written and oral).
  • Outstanding inter-personal and team leadership skills with emphasis on employee motivation.
  • Excellent analytical, problems solving and technical accounting skills

Liberty Mutual Canada – Senior Reinsurance Coordinator – Toronto, ON

Company: Liberty Mutual Canada

Location: Toronto, ON

Expected salary:

Job date: Thu, 09 Jan 2025 00:59:17 GMT

Job description: Job Description:Department: Global ReinsuranceLocation: TorontoReports To: Vice President, Global ReinsuranceCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:Reporting to the Vice President of our Global Reinsurance department, the Senior Reinsurance Coordinator will be responsible for conducting analysis, overseeing billing/collections of reinsurance transactions, and assisting with ensuring reinsurance operations are reported in an accurate and timely manner.Duties and Responsibilities:

  • Ensure all treaties, quota share and XOL treaties are appropriately settled with the markets and internal reinsurance teams on a timely basis.
  • Assist with the quarterly reporting for Schedule F and other reinsurance reporting
  • Analyzes and validates reinsurance files and corresponding premium and claims payments.
  • Processes and provides accurate and timely information to internal and external stakeholders regarding Canadian reinsurance programs.
  • Maintaining the reporting of reinsurance accounts, including liaising with underwriters and external parties to ensure accounts are reported and settled on time.
  • Work with claims team to compute and effectively communicate reinsurance recoveries related to losses and loss expenses.
  • Assist with implementation of SOX key controls for the Reinsurance Process and work with the Risk and Controls Team during periodic testing of key controls.
  • Liaises with key stakeholders (underwriters, brokers, claims, etc.) to proactively resolve issues and clear outstanding balances.
  • Assist with and review work produced by outsourced teams, such as EXL.
  • Reconciling broker statements with our records, distributing broker statements as required, and following up on outstanding items to resolution with brokers.
  • Actively seeks enhancements and makes recommendations for new processes to improve efficiencies or rectify inaccuracies or information gaps.
  • Organize and lead on reinsurance workflows including organizing and leading meetings on any exceptions.
  • Perform ad-hoc tasks as requested.

Skills & Qualifications:

  • Undergraduate degree – Finance, Math, or Accounting preferred
  • Minimum of 2 years of financial industry experience preferred – ideally in insurance in the P&C area with exposure to reinsurance concepts.
  • High proficiency in the use of MS Excel, MS Access, SAP, SQL.
  • Broad knowledge of reinsurance concepts, products and processes is an asset.
  • Ability to work with large volumes of data to derive business solutions.
  • Experience working with automated accounting and reporting systems.
  • Ability to identify and solve problems based on analysis (start to finish concept).
  • Proven superior communication, presentation and customer service skills.
  • Attention to detail.
  • Strong business and interpersonal communication skills (written and oral).
  • Outstanding inter-personal and team leadership skills with emphasis on employee motivation.
  • Excellent analytical, problems solving and technical accounting skills

Aon – Early Careers: Intern, Associate Broker – Reinsurance – Toronto, ON

Company: Aon

Location: Toronto, ON

Expected salary:

Job date: Tue, 07 Jan 2025 23:25:00 GMT

Job description: Job Description:Early Careers: Intern, Associate Broker – Reinsurance – 4 monthsAre you looking to gain valuable experience in a professional environment? Are you a student with strong interpersonal skills and critical thinking? We are looking for Summer Interns to join our Treaty, Reinsurance team in Toronto!This is a hybrid role with the flexibility to work both virtually and from our Toronto offices.Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.Aon is in the business of better decisionsAt 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

  • Working with broking teams, actuaries, catastrophe modelers and capital advisory professionals in servicing and prospecting clients;
  • Liaising with international reinsurers in Canada, London, Bermuda, the United States and Europe;
  • Attending meetings and/or functions with clients, prospects and reinsurers, on a regular basis, to support client retention and new business growth;
  • Assisting in the preparation of reinsurance market proposals;
  • Creating spreadsheets and assisting in the technical analysis of client data/information.

How this opportunity is differentAs part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Reinsurance business development group, in Toronto, ON. As an Associate Broker, you will embark on an exciting opportunity which includes learning the business from the ground up, under the mentorship of a senior leader. You will gain valuable experience supporting both client and internal projects.Skills and experience that will lead to success

  • Ability to work as an integral part of a team, manage assignments, fostering teamwork and cultivating relationships, as well as work independently or with minimal direction;
  • Client and business results oriented focus;
  • Strong interpersonal communication and presentation skills, both verbal and written;
  • Critical and innovative thinking, problem solving and analytical skills;
  • Adaptability and quick learner;
  • Mature and professional demeanor and a positive attitude;
  • Strong PC skills including knowledge of Microsoft Office Suite (Excel and PowerPoint);

Education:

  • Enrolled in Risk and Management Insurance, Science, Engineering, Mathematics or Business or other related fields

How we support our colleaguesIn 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 recognise 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#HYBRID#AonInternshipCanada#LI-KT2 #AonNewGradsRotationalCanada#LI-Internship 2550087

Aon – Early Careers: Actuarial Intern, Reinsurance – Summer 2025 – Toronto, ON

Company: Aon

Location: Toronto, ON

Expected salary:

Job date: Wed, 08 Jan 2025 04:46:51 GMT

Job description: Posting Description:Aon is looking for an Actuarial Intern, ReinsuranceAre you a student with excellent technical and analytical skills looking to gain professional experience as part of an industry- leading team? Are you motivated to achieve tangible outcomes for our clients by delivering innovative and effective solutions? Our PathWise Solutions Group (PSG) business is looking for an actuarial intern.This is a 4-month internship opportunity with the flexibility to work both virtually and from our Toronto office.Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.Aon is in the business of better decisionsAt 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.Job ResponsibilitiesThe Actuarial Intern, Reinsurance will support in the capacity of a business analyst role to gather requirements from the clients (life insurance companies), and then work with the team that consist of actuaries, software developers, and financial modelers to develop strategies and approaches to resolve issues and delivery.Client Operations Support

  • Monitor and respond to operational issues in PathWise based on client specific requirements and processes
  • Assess and prioritize user issues and ensure they are recorded and addressed in a timely manner
  • Create monthly reports for clients which document system availability and support services provided
  • Support cloud operations and maintenance as it pertains to the management of client SaaS operations
  • Help maintain and strengthen client relationships through participation in client consultations
  • Be a primary contact for select clients

Systems Development Services

  • Create and maintain financial asset models for use in balance sheet projections of financial services companies.
  • Work with software and infrastructure teams to develop robust improvements with stability, runtime and uptime, to
  • Participate in the expansion of PathWise functionality as required or as requested by clients

How this opportunity is differentPathWise Solutions Group (PSG) provides high productivity computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. PSG’s high performance software platform, PathWise™, provides companies with the ability to easily model financial obligations without involved coding and is run on Graphical Processing Units (GPU), making it the fastest, readily available software platform currently in use in the insurance industry. PSG’s consulting services has focused primarily on actuarial analysis, reviews of hedging programs, and modeling of insurance liabilities and financial assets.This position will support the client management services provided by PSG to its North American clients, primarily located in the United States and Canada. The core responsibilities include creating and maintaining client processes as well as handling operations on the virtual private cloud (VPC) provided and serviced by PSG for its clients.Skills and experience that will lead to success

  • Knowledge of general insurance products for liability modeling purposes
  • Understanding of financial assets including derivatives
  • Familiarity with Monte Carlo simulations
  • Former experience or knowledge of programming concepts
  • Strong communication skills for heavy team and client interactions
  • Ability to work independently
  • Bilingual in both French and English is an asset

Education

  • Currently enrolled in an advanced Degree in a quantitative field such as Mathematics, Finance, Statistics, Actuarial Science or equivalent
  • Experience in the financial services sector preferred

How we support our colleaguesIn 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 recognise 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#HYBRID#AonInternshipCanada#LI-KT2 #AonNewGradsRotationalCanada

Aon – Early Careers: Actuarial Intern, Reinsurance – Summer 2025 – Toronto, ON

Company: Aon

Location: Toronto, ON

Expected salary:

Job date: Wed, 08 Jan 2025 06:09:39 GMT

Job description: Job Description:Aon is looking for an Actuarial Intern, ReinsuranceAre you a student with excellent technical and analytical skills looking to gain professional experience as part of an industry- leading team? Are you motivated to achieve tangible outcomes for our clients by delivering innovative and effective solutions? Our PathWise Solutions Group (PSG) business is looking for an actuarial intern.This is a 4-month internship opportunity with the flexibility to work both virtually and from our Toronto office.Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.Aon is in the business of better decisionsAt 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.Job ResponsibilitiesThe Actuarial Intern, Reinsurance will support in the capacity of a business analyst role to gather requirements from the clients (life insurance companies), and then work with the team that consist of actuaries, software developers, and financial modelers to develop strategies and approaches to resolve issues and delivery.Client Operations Support

  • Monitor and respond to operational issues in PathWise based on client specific requirements and processes
  • Assess and prioritize user issues and ensure they are recorded and addressed in a timely manner
  • Create monthly reports for clients which document system availability and support services provided
  • Support cloud operations and maintenance as it pertains to the management of client SaaS operations
  • Help maintain and strengthen client relationships through participation in client consultations
  • Be a primary contact for select clients

Systems Development Services

  • Create and maintain financial asset models for use in balance sheet projections of financial services companies.
  • Work with software and infrastructure teams to develop robust improvements with stability, runtime and uptime, to
  • Participate in the expansion of PathWise functionality as required or as requested by clients

How this opportunity is differentPathWise Solutions Group (PSG) provides high productivity computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. PSG’s high performance software platform, PathWise™, provides companies with the ability to easily model financial obligations without involved coding and is run on Graphical Processing Units (GPU), making it the fastest, readily available software platform currently in use in the insurance industry. PSG’s consulting services has focused primarily on actuarial analysis, reviews of hedging programs, and modeling of insurance liabilities and financial assets.This position will support the client management services provided by PSG to its North American clients, primarily located in the United States and Canada. The core responsibilities include creating and maintaining client processes as well as handling operations on the virtual private cloud (VPC) provided and serviced by PSG for its clients.Skills and experience that will lead to success

  • Knowledge of general insurance products for liability modeling purposes
  • Understanding of financial assets including derivatives
  • Familiarity with Monte Carlo simulations
  • Former experience or knowledge of programming concepts
  • Strong communication skills for heavy team and client interactions
  • Ability to work independently
  • Bilingual in both French and English is an asset

Education

  • Currently enrolled in an advanced Degree in a quantitative field such as Mathematics, Finance, Statistics, Actuarial Science or equivalent
  • Experience in the financial services sector preferred

How we support our colleaguesIn 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 recognise 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#HYBRID#AonInternshipCanada#LI-KT2 #AonNewGradsRotationalCanada2550096

Aon – Early Careers: Intern, Associate Broker – Reinsurance – Toronto, ON

Company: Aon

Location: Toronto, ON

Expected salary:

Job date: Wed, 08 Jan 2025 08:21:57 GMT

Job description: Posting Description:Early Careers: Intern, Associate Broker – Reinsurance – 4 monthsAre you looking to gain valuable experience in a professional environment? Are you a student with strong interpersonal skills and critical thinking? We are looking for Summer Interns to join our Treaty, Reinsurance team in Toronto!This is a hybrid role with the flexibility to work both virtually and from our Toronto offices.Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.Aon is in the business of better decisionsAt 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

  • Working with broking teams, actuaries, catastrophe modelers and capital advisory professionals in servicing and prospecting clients;
  • Liaising with international reinsurers in Canada, London, Bermuda, the United States and Europe;
  • Attending meetings and/or functions with clients, prospects and reinsurers, on a regular basis, to support client retention and new business growth;
  • Assisting in the preparation of reinsurance market proposals;
  • Creating spreadsheets and assisting in the technical analysis of client data/information.

How this opportunity is differentAs part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Reinsurance business development group, in Toronto, ON. As an Associate Broker, you will embark on an exciting opportunity which includes learning the business from the ground up, under the mentorship of a senior leader. You will gain valuable experience supporting both client and internal projects.Skills and experience that will lead to success

  • Ability to work as an integral part of a team, manage assignments, fostering teamwork and cultivating relationships, as well as work independently or with minimal direction;
  • Client and business results oriented focus;
  • Strong interpersonal communication and presentation skills, both verbal and written;
  • Critical and innovative thinking, problem solving and analytical skills;
  • Adaptability and quick learner;
  • Mature and professional demeanor and a positive attitude;
  • Strong PC skills including knowledge of Microsoft Office Suite (Excel and PowerPoint);

Education:

  • Enrolled in Risk and Management Insurance, Science, Engineering, Mathematics or Business or other related fields

How we support our colleaguesIn 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 recognise 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#HYBRID#AonInternshipCanada#LI-KT2 #AonNewGradsRotationalCanada#LI-Internship

Aon – Early Careers: Intern, Products and Hedging Solutions, Reinsurance – Toronto, ON

Company: Aon

Location: Toronto, ON

Expected salary:

Job date: Fri, 10 Jan 2025 01:31:26 GMT

Job description: Posting Description:Early Careers: Intern, Products and Hedging SolutionsAon is looking for a Summer Intern in Products and Hedging Solutions.Are you looking to gain valuable experience in a professional environment? Are you a student with strong interpersonal skills and critical thinking? We are looking for a Summer Intern to join our Products and Hedging Solutions, Reinsurance team in Toronto!This is a hybrid role with the flexibility to work both virtually and from our Toronto offices.Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.Aon is in the business of better decisionsAt 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

  • Develop and test robust python processes for hedging, scenario generation and financial reporting.
  • Play a key role in developing and testing nnovative hedging and asset management strategies in PathWise to effectively manage complex exposures that combine Actuarial, Financial, and Capital Market risks.
  • Test, maintain, and document sophisticated financial asset and liability models in PathWise to support various product development and risk management projects.
  • Participate in quantitative research projects utilizing quantitative skills, such as time series regressions, optimization, Monte Carlo simulation, and data visualization techniques.
  • Develop and maintain Economic Scenario Generators used in the valuation of financial assets and insurance liabilities.

Skills and experience that will lead to success

  • Advanced programming skills in Python, in particular NumPy, Pandas and SciPy
  • Strong analytical and problem-solving skills
  • Knowledge of financial assets including derivatives and their valuation models a plus
  • Knowledge of statistics, finance and economics a plus
  • Knowledge of numerical technique skills in time series analysis and Monte-Carlo simulation
  • Strong communication skills for heavy team interactions

Education:

  • Enrolled in and have completed 3 years of a Bachelor’s degree in Math/Statistics/Actuarial Science

How we support our colleaguesIn 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 recognise 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#HYBRID#AonInternshipCanada#LI-KT2 #AonNewGradsRotationalCanada#LI-Internship