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AVP Actuary (Health & Benefits)

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:

  • Bachelor’s 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.

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 applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

The salary range reflected is based on a primary work location. 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.

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