IND Analyst I (Health - Actuarial)

Job Title: IND Analyst I Health – Actuarial

Solution Line: Health - Actuarial

Position Type: Full Time

Work Location: Gurgaon

Working Style: Hybrid

Cab Facility: Yes

Shift Time: 12PM to 9PM

Required Education and Certifications: Graduate/Post Graduate

Required Years of Experience: 0-1 year of relevant experience

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 committed as one firm to our purpose, united through trust as one inclusive, diverse team.

We are passionate about helping our colleagues and clients succeed.

GENERAL DESCRIPTION OF ROLE:

Assist consultants and other stakeholders for US Health and Benefits domain, delivering periodic actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes.

The process involves analysis of healthcare products data provided by vendors and onshore consultants pertaining to premium, claims, and plan attributes.

JOB RESPONSIBILITIES:

• Operates as part of team under supervision of Sr. Analysts.
• Supporting our senior team members to provide expert, timely, efficient and professional delivery of services to our onshore consultants.
• Taking responsibility for the production (quality, timeliness and budget) of work for allocated client deliverables.
• This includes undertaking and completing complex actuarial calculations and reports.
• Building strong relationships and high level trust to deliver work on time.
• Demonstrate ability to convey logical thought processes and produce well-presented work which is easy for others to follow.
• Playing an active part in service delivery as part of the extended client teams.
• Taking responsibility to be abreast of process/legislative changes to ensure fit-for-purpose results are delivered.
• Completes periodic valuations for clients using ProVal software standard IBNP models/AMS tool.
• Works on multiple valuations and processes simultaneously.
• Recognizes when tasks are taking too long, and asks for help.
• Uses formal training to learn technical topics.

SKILLS/COMPETENCIES REQUIRED:

• Graduate, numerate degree preferred such as Mathematics, Statistics, Economics, or Engineering.
• Active student member of the Institute of Actuaries, UK/India and should have cleared at least one core technical actuarial exam.
• Basic knowledge of MS Excel text functions, math functions, statistical functions, logical functions, and lookups.
• Well versed with basic tool functionalities for creating, editing and formatting presentations.
• Business communication skills and fluent in English. Should be able to coherently and confidently communicate thoughts and ideas verbally and in writing.
• Should be flexible, keen on taking initiatives, accountable, and have a collaborative approach with fellow colleagues.

HOW WE SUPPORT OUR COLLEAGUES:

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce.

Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.

Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves.

We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work.

Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential.