Health and Benefits Actuarial Associate Vice President

Aon CorporationSt. Louis, MO
Hybrid

About The Position

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 team and we are passionate about helping our colleagues and clients succeed. This role will assist the junior actuaries and consultants on assigned large accounts and manage/lead smaller actuarial engagements.

Requirements

  • FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation required
  • Health and welfare consulting experience: 8+ years of industry experience (carrier or health care consulting)
  • Project/client/financial management experience
  • Business development experience, including competitor and market knowledge a plus

Responsibilities

  • Lead actuary on client teams, leading actuarial projects and client relationship
  • Influence clients' overall strategic and financial direction in benefits; frame results in the context of the marketplace
  • Project savings/costs related to health benefits and applicable changes
  • Mentor and demonstrate work to less experienced actuaries
  • Review health care budgets and contribution setting
  • Make statements of actuarial opinion and lead analysis behind them; directly responsible for all actuarial results
  • Communicate actuarial results to clients; lead all financial meetings, explaining actuarial results and potential alternatives
  • Assist in benchmarking discussions with clients, including strategy evolution as a result of benchmarking data
  • Perform IBNP reserve development
  • Review models to evaluate cost-saving scenarios
  • Seek and provide peer review to ensure high quality client results

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
  • 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
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