Aon Corporation

Early Careers: Financial Analyst Intern, Reinsurance

Aon Corporation

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Interested in this role at Aon Corporation? Apply now to join their team!

Posted on: 2024-10-14

About the Role

Posting Description: Early Careers: Finance Analyst Intern - Winter 2025

Are you a tech savvy individual with attention to detail? Do you have a beginner or an intermediary experience in financial data? We are looking for a Finance Analyst Intern to join us in Winter 2025!

This is a hybrid role with the flexibility to work both virtually and from our offices.

Available location: Toronto

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 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

The successful candidate will join the Analytics - Rating Agency Division, providing financial analysis and technical expertise for Canadian and International insurers, as well as support to our professional reinsurance brokers. We strive to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients.

  • Analysis of insurance industry statistics and trends;
  • Financial Analysis of Minimum Capital Testing - Canadian Insurance Regulatory - Stress Testing;
  • Rating Agency: Capital Adequacy Analysis - Stress Testing;
  • Research and development of P&C industry and rating agency data and models;
  • Updating Excel and Access based financial analytical tools.

How this opportunity is different

Aon's Reinsurance Solutions operates as a reinsurance intermediary in the property and casualty insurance field. The intermediary's role is to advise the primary insurer on the appropriate levels of retention and reinsurance cessions to structure an effective and cost-efficient program of reinsurance protection, in accordance with the strategic objectives of the ceding company; and to obtain the required reinsurance protection from financially sound reinsurers. In support of this the Rating Agency team provides analysis of an insurer's financials as they are impacted by the various options of reinsurance with an eye towards its capital solvency.

This position offers a unique view of the property and casualty reinsurance industry and inter-relationships between insurers and their reinsurers.

Skills and experience that will lead to success

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

  • Be a self-starter who can operate efficiently as a member of a professional team;

  • Strong knowledge of the P&C Insurance environment and experience with Excel is required;

  • Experience using database applications and familiarity with VBA would be an asset. 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 ReasonableAccommodations@Aon.com

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Location

Toronto

Industry