Health and Benefits Actuarial Analyst

Health Solutions Actuarial Analyst

Location: Preferred Boston, Open to Radnor PA, New York, New York, Berkely Heights, NJ, Baltimore MD

Work Model: Hybrid

What your Day Will Look Like:

• Conduct underwriting analysis based on clients' plan history and change in risk to negotiate the best insurance rates possible on their behalf;
• Assist consultants with negotiating renewal ratings; and preparing quarterly experience reviews, letters.

• Perform market reviews and benchmarks to meet the evolving business needs of our clients;
• Preparing financial exhibits,
• Analyzing quotations and preparing specifications for seeking quotations;
• Reviewing group insurance contracts, agreements, and employee booklets
• Peer review and validation work done by junior health and benefits analysts
• Assist in analytic projects such as pooling risk simulations and drugs utilization reviews;

How This Role is Different:

As a Health Solutions Actuarial Analyst, you will provide actuarial and group consulting support for mid to large corporate accounts with a focus on analytics to assist the Health Strategies Consultants in servicing existing clients and prospects.

Skills and Expertise That Will Lead to Success:

• Minimum of 1-4 years of relevant experience; relevant experience in a consulting/insurance environment working in group underwriting and group benefits departments preferred;
• Strong technical skills across Microsoft Office Suite, including Word, PowerPoint and Excel. Must have Advanced Excel proficiency

• Bachelor's degree is required, preferably in Actuarial Science, Mathematics, or related discipline; and
• Completion of at least 3 SOA exams, and working towards completion of ASA designation

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.

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 and inclusive 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. People with criminal histories are encouraged to apply.

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

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $83,000-139,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary range reflected is based on a primary work location of New York City. The actual salary may vary for applicants in a different geographic location.

This position is eligible to participate in one of Aon's annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: 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, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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