Benefit Experience Actuarial Consultant

Aon Corporation • Chicago, IL

6d • Hybrid

About The Position

Aon is looking for an Actuarial Analyst or Consultant to serve clients within our private healthcare marketplace, the Aon Benefit Experience (BenX). The BenX is growing and it is an exciting time to be part of the team dedicated to serving our clients and partners within this industry leading solution. The level for the role will be determined by the individual’s experience.

Requirements

• 2-4 years of health and welfare experience (carrier or employer consulting)
• Understands health insurance concepts, underwriting, forecasting, and analysis.
• Progress towards FSA/ASA designation
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics & Business, or related fields.

Nice To Haves

• Project Management
• Data Analysis
• Actuarial Science
• Client Relationship Management

Responsibilities

• Financial modeling (including quality review) of medical and dental quoted rates vs. self-insured projections
• Data collection and review: feasibility studies; annual RFP process
• Checking and quality control
• Initial RFP analysis (including actuarial value modeling) to assist with pricing and negotiation
• Defined Contribution modeling
• Will work within the team to make plan recommendations, subsidy recommendations, set funding requirements for Self Insured clients, etc.
• Implementation support to benefits administration teams
• Participation in Health & Benefits practice sponsored and external training, to grow consulting acumen

Benefits

• a 401(k) savings plan with employer contributions
• an 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 throughout the calendar year
• 15 days of paid vacation per year
• paid sick leave as provided under state and local paid sick leave 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
• an employee assistance program that includes free counseling sessions

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level