Investment Consulting Asset/Liability Management Specialist
About The Position
This entry-level role is part of Aon’s Investment Analytics & Strategy (IAS) team. The Asset/Liability Management (ALM) group provides advisory investment consulting services, primarily in asset/liability modeling and asset allocation, for institutional investors with specific liability or cash flow requirements. The specialist supports ALM consultants and broader teams with modeling studies and investment-related analysis for multiple pension and retiree-medical plans, handling both recurring studies and ad hoc analytical requests. The role involves preparing and validating data, setting up and running ALM models, analyzing results, conducting reconciliations and reasonableness checks, and preparing charts, exhibits, and written interpretations for internal and client-facing materials. The specialist also participates in meetings with senior ALM and client-team members to review results.
Requirements
- Bachelor’s degree in a relevant area, such as business, finance, economics, actuarial science, mathematics, or statistics.
- Excellent technical and analytical skills.
- High level of accuracy and attention to detail.
- Basic knowledge of capital markets and investments, or a keen interest in developing this knowledge.
- Proficiency with software packages such as Microsoft Office; strong Excel skills are preferred.
- Clear written and verbal communication skills.
Nice To Haves
- Actuarial knowledge is beneficial but not required.
Responsibilities
- Support ALM consultants and broader teams in asset/liability modeling and investment-related analysis using technical, analytical, and communication skills.
- Take ownership of assigned modeling studies from data preparation through model runs, validation, and documentation.
- Support ALM work for multiple pension and retiree-medical plans, balancing recurring studies with ad hoc analytical requests.
- Prepare, validate, and reconcile asset and liability data inputs for ALM models, ensuring consistency with actuarial valuations and investment records.
- Set up and run ALM models to evaluate alternative investment and risk-management strategies.
- Analyze model results to assess the impact of investment strategies on funded status, contribution requirements, and key risk metrics over time.
- Perform reconciliations and reasonableness checks on ALM results.
- Summarize findings in charts and exhibits and prepare concise written interpretations for internal and client-facing materials.
- Participate in internal meetings with senior ALM and client-team members to review results.
Benefits
- 401(k) savings plan with employer contributions
- 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 and 15 days of paid vacation per year
- Paid sick leave as provided under state and local 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
- Employee assistance program with free counseling sessions
- Annual discretionary bonus eligibility
- Two Global Wellbeing Days each year
- Agile work environment and working-style solutions
- Continuous learning and development culture
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
