Benefit Experience Actuarial Vice President

Aon Corporation•Chicago, IL

2d•Hybrid

About The Position

As part of an industry-leading team, you will help empower results for our clients by delivering Aon’s Benefit Experience solution within Aon’s Health Solutions vertical. Your role will include participating in prospect bid and client account management, allowing you build and manage strong and sustainable relationships with clients, and will require you to respond to the needs and objectives of large market employer health benefit plans. The role is for an individual with a strong analytics background who is interested in actuarial and strategic consulting. This is a hybrid role with the flexibility to work both virtually and from our Chicago, IL offices. Although we would prefer candidates to work in a hybrid work environment, we are willing to consider a virtual work enviornment for a strong candidate. 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.

Requirements

FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation required
Health and welfare consulting experience: 10+ years of industry experience (carrier or health care consulting)
Project/client/financial management experience
Broad business knowledge/perspective
Business development experience, including competitor and market knowledge a plus
Bachelor’s degree

Responsibilities

Lead consulting actuary on client team, leading actuarial projects and client relationship
Project savings/costs related to Aon’s Benefit Experience
Mentor and leverage work to less experienced actuaries, including prioritization
Lead data collection and review: feasibility studies; annual RFP process
Financial modeling (including quality review) of medical and dental quoted rates vs. self-insured projections
Lead initial bid analysis (including actuarial value modeling) to assist with the negotiation process
Defined Contribution modeling
Implementation support to benefits administration teams
Participation in Health & Benefits practice sponsored and external training, to grow consulting acumen
Ability to work in a fast-paced environment that requires keeping up with multiple deadlines at the same time
Make statements of actuarial opinion and lead analysis behind them; directly responsible for all actuarial deliverables
Communicate actuarial results to clients; lead/support all financial meetings, explaining actuarial results and potential alternatives
Seek and provide peer review to ensure high quality client deliverables; including checking for reasonableness of assumptions and results
Develop general consulting skills, knowledge, and exposure
Manages priorities, communicates potential delays, and delivers results on time
Proactively accepts new projects when they become available
Effectively communicates project results
Manages priorities, communicates potential delays, and delivers results on time
Proactively accepts new projects when they become available