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Early Careers: Chicago Reinsurance Actuarial Intern

Aon
Aon Salary
Chicago, IL Intern
POSTED ON 2/3/2025
AVAILABLE BEFORE 4/2/2025

Aon invites intellectually curious rising college seniors with a passion for problem-solving to join our 2025 Summer Internship Program in our Actuarial business area. Immerse yourself in a unique and exciting environment as you sample a career that offers global reach and makes a tangible impact on our clients!

Opportunities are available in Chicago, IL in a hybrid environment, allowing work from the office and remotely.

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 on the Reinsurance Consulting Actuarial team

Unprecedented volatility is creating new risks and opportunities for organizations across the global economy. This team provides risk transfer, claims advocacy and capital management solutions to help re/insurers reduce volatility and build more resilient businesses, governments and communities. Interns support clients across virtually any client project or internal research assignment. They develop proficiencies in completing standard analyses, while also taking part in more sophisticated strategies, becoming familiar with Aon's tools and approaches.

Some activities include:

  • Work with colleagues (brokers, analysts and others) to identify and respond to client needs and develop additional opportunities related to products and services.
  • Inventory and handle data related to analysis of reinsurance transactions and analyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling.
  • Learn about reinsurance contracts and products (terminology, terms and conditions) and prepare client-ready presentations to communicate analysis results to brokers and clients.
  • Take the initiative on internal projects to improve processes, products or services!

How this opportunity is different

This is a 10-week paid program across various U.S. offices with access to global leaders through weekly spotlights, roundtables and one-on-one internship mentoring. Engage in challenging client projects with the benefit of continuous formal and informal feedback and the enjoyment of social outings and community service activities throughout the internship.

Skills and experience that will lead to success

  • Desire to work on a team with the capability for independent work
  • Driven by results and accomplishing tasks
  • Strong critical thinking, problem-solving and analytical tendencies with
  • Alignment with values of integrity, client commitment and community dedication
  • Adaptability, quick learning ability and professional demeanor
  • Proficiency in Microsoft Office Suite, including Excel
  • Involvement in extracurricular activities

Qualifications:

  • Rising seniors graduating between December 2025 - June 2026 with a minimum cumulative GPA of 3.0.
  • Have passed at least one actuarial exam, preferred
  • Pursuing a degree in Actuarial Science, Statistics, Mathematics, or related

Please note: immigration sponsorship not available for this role.

What sets our program apart from the rest?


Explore Aon's culture and business areas, developing practical skills vital for the future success and postgraduate opportunities. Engage in weekly spotlights, community outreach events and networking opportunities with peers, encouraging an understanding of the importance of exceeding client expectations and delivering distinct solutions.

Development Planning


Participate in a comprehensive development plan that includes deeply understanding Aon's business areas, ethical standards, professional environment, networking opportunities, learning internal systems, and honing interpersonal and team-building skills through collaboration events and colleague networking opportunities.

Future Opportunities


Our program offers meaningful exposure to Aon, preparing interns for short-term and long-term career opportunities. Outstanding interns may receive offers to join Aon's Launch Program, an early careers development opportunity, as a full-time colleague with generous benefits and tangible career path.

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.

The salary range for this position (intended for U.S. applicants) is $25 - $34 hourly. 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 benefits package for temporary and seasonal employees who will work 20 or more hours per week including: medical, dental, and vision insurance at the employee's expense, critical illness insurance, 10 Company holidays per calendar year (paid, if eligible), paid sick leave as provided under state and local law, and a 401(k) savings plan with employer contributions. Eligibility for benefits are 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.

 

Salary : $25 - $34

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