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Health and Benefits Actuarial Vice President

  • ... Chicago, Illinois, United States
  • ... Full time
  • ... Salary: 209000 per year
  • Posted on: Feb 29, 2024       Expires on: Apr 14, 2024

Health and Benefits Actuarial Vice President   

JOB TITLE:

Health and Benefits Actuarial Vice President

JOB TYPE:

Full-time

JOB LOCATION:

Chicago Illinois United States

JOB DESCRIPTION:

Full job description

Aon is looking for a Health Solutions Actuarial Vice President

Location: Chicago IL

Job 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 leverage 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 deliverables 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 deliverables Develop general consulting skills, knowledge, and exposure
Required Experience: 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 Additional formal or informal responsibilities will include: People management or mentoring

Education:
Bachelors degree
How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce.
Plus, our agile, inclusive 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, but we also recognize that flexibility goes beyond just the place of work.
.
.
and we are all for it.
We call this Smart Working!

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, diverse 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.

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


The salary range for this position (intended for U.
S.
applicants) is $150,000-$209,000 annually.
The actual salary will vary based on applicants education, experience, skills, and abilities, as well as internal equity and alignment with market data.
The salary may also be adjusted based on applicants geographic location.


The salary range reflected is based on a primary work locatio.
The actual salary may vary for applicants in a different geographic location.


This position is eligible to participate in one of Aons annual incentive plans to receive an annual discretionary bonus iaddition 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 Aons 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 p rogram that includes free counseling sessions.
Eligibility for benefits is governed by the applicable plan documents and policies.


#LI-KT1
#LI-HYBRID

2540605

Position Details

POSTED:

Feb 29, 2024

EMPLOYMENT:

Full-time

SALARY:

209000 per year

SNAPRECRUIT ID:

S-1709654248-5a3bac35b26cf7170294c079a7c1c426

LOCATION:

Illinois United States

CITY:

Chicago

Job Origin:

jpick2

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Full job description

Aon is looking for a Health Solutions Actuarial Vice President

Location: Chicago IL

Job 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 leverage 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 deliverables 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 deliverables Develop general consulting skills, knowledge, and exposure
Required Experience: 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 Additional formal or informal responsibilities will include: People management or mentoring

Education:
Bachelors degree
How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

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

The salary range for this position (intended for U.S. applicants) is $150,000-$209,000 annually. The actual salary will vary based on applicants education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicants geographic location.

The salary range reflected is based on a primary work locatio. The actual salary may vary for applicants in a different geographic location.

This position is eligible to participate in one of Aons annual incentive plans to receive an annual discretionary bonus iaddition 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 Aons 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 p rogram that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

#LI-KT1
#LI-HYBRID

2540605

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