Health and Benefits Actuarial Vice President

About the role

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

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

Requirements

FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation required
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
Bachelor’s degree

Qualifications

Skills and expertise that will lead to success include:

• FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation
• 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
• Bachelor’s degree

Skills

• FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation
• 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
• Bachelor’s degree

Benefits

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
• Variety of 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
• An employee assistance program that includes free counseling sessions.