Senior Actuarial Consultant (Health Solutions)

Health Solutions Actuarial Senior Consultant

Location: Chicago IL, Bannockburn IL, Columbus OH, Cleveland OH, St. Louis MS, Bloomington, MN

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.

What the Day Will Look Like

• Perform strategy and actuarial consulting to include the following: Benefit strategy, Goal setting, Benchmarking, Plan design, Pricing strategy, Budget setting, Bid/selection projects.
• Provide actuarial client leadership on targeted clients/prospects focusing on broader business objectives such as: Take ownership of outcomes, Delegate responsibilities effectively, coach and mentor team members, build relationships with clients, Understand clients' business, Analyze scoping needs.
• Exhibit leadership in business judgment in anticipating client/project needs and developing alternative solutions.
• Explain actuarial methodology and results to clients, as well as potential alternatives.
• Participate in strategic discussions with clients.
• Effectively lead actuarial client teams, share client background and goals, measure results, share ideas, identify process improvements, provide timely and regular coaching and feedback to team members.
• Lead actuarial work on client teams, provide technical coaching to other team members, and provide ultimate sign-off on results; likely play role on broader actuarial team on jumbo clients, managing large actuarial projects and deliverables, and coordinating with other actuarial team members.
• Contribute to the improvement of the practice through national model development/maintenance, leading initiatives, etc.

How This Role Is Different:

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Health Analytics. This role will assist the lead actuary and consultants on assigned large accounts and manage/lead smaller actuarial engagements.

Skills and Expertise That Will Lead to Success:

• ASA/FSA designation.
• 6+ years of health care industry experience (carrier or consulting).
• Project management experience.
• People management/mentoring experience.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $125,000-$170,000 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.

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.

A summary of all the benefits offered for this position:

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.