Aon is looking for an Associate Director, Asset Modeling. 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 Solutions & Technology Group (STG) with Aon Reinsurance, in Toronto, Ontario (or work remotely). As an Associate Director, you will report director to the Director, Consulting.
This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
Your impact as an Associate Director: STG provides high-efficiency computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. STG’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. STG’s consulting services have focused primarily on actuarial analysis, reinsurance modeling and structuring, reviews of hedging programs, and modeling of insurance liabilities and financial assets.
Research and develop current asset pricing, valuation, and risk models for financial projections Maintain and update existing asset model libraries and provide technical expertise to internal and external model users Stay up to date on regulatory and economic changes that may impact modeling, investment strategies, and ALM Support the development of robust processes for ALM, hedging, strategic asset allocation, economic scenario generation, financial reporting, etc.
Leverage the asset and ALM framework to evaluate the financial impact of strategic asset allocation and hedging strategies and optimize the outcome Provide hands-on training for PathWise users Develop standalone training reference materials for PathWise users Identify shortfalls in company processes and propose improvements Troubleshoot issues as they arise during PathWise migrations, focusing on providing a strong initial user experience Participate in industry, academic and internal research projects 5+ years of experience in asset modeling, investment, life insurance or pension industry in a quantitative actuarial role working within ALM/Investment Management Experience/knowledge in modeling general account assets including fixed-income securities, equities, private debt, structured assets (e.g., CLO), derivatives, and basic accounting of these products In-depth knowledge participating and index-linked insurance products, and the valuation and capital requirements for these products Experience with investment data and analytics platforms like Bloomberg, FactSet, BlackRock Experience developing complex financial models in an object-oriented programming language (Python programming experience preferred) Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential.
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.
📌 Associate Director, Asset Modeling (Toronto)
🏢 Aon
📍 Toronto