Health and Benefits Consultant - Actuary

Job Title : Health and Benefits Consultant - Actuary

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, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

Aon Consulting, Inc. seeks a Health and Benefits Consultant - Actuary reporting to headquarters in Chicago, Illinois to develop health and benefits actuarial solutions. Perform health insurance and benefits strategy and actuarial consulting for goal setting, benchmarking, plan design, pricing strategy, budget setting, and bid / selection projects. Utilize data analytics technology, predictive modeling, and market capabilities to develop health and benefits actuarial solutions. Analyze health and benefits plan designs and group health market data. Provide financial and modeling expertise and develop novel methodologies and solutions in support of initiatives focused on creating new, scalable, and data driven solutions. Conduct Incurred but Not Reported (IBNR) analyses. Project savings and costs related to health and benefits plan design and provider network changes. Set and review health care budget rates for self-insured plans and present results. Develop actuarial and financial models at scale including forecasting, reporting, actuarial valuations, and network / cost and quality analyses. Analyze and visualize data using R and Microsoft Office Suite (including Excel, Word and PowerPoint). Develop data visualization dashboards using Power BI. Develop new analytics products by utilizing data and analytics technology, predictive modeling, and market capabilities. Provide financial and modeling expertise. Develop novel methodologies and solutions focused on creating new, scalable, data driven solutions. Telecommuting available from anywhere in the United States 5 days a week. Annual Salary : $116,900.00 - $194,900.

Job Location : 200 E. Randolph Street, Chicago, IL 60601

Skills and experience that will lead to success

Bachelor's degree in Actuarial Science, Financial Actuarial Mathematics, or a related field plus three years of actuarial experience. Must have at least three years of experience in each of the following : 1. Providing health insurance and benefits consulting for goal setting, benchmarking, plan design, pricing strategy, budget setting, and bid / selection projects; 2. Developing actuarial and financial models at scale including forecasting, reporting, actuarial valuations, and network / cost and quality analyses; 3. Projecting savings and costs related to health and benefits plan design and provider network changes; 4. Setting and reviewing health care budget rates for self-insured plans and presenting results; 5. Analyzing and visualizing data using R and Microsoft Office Suite (including Excel, Word and PowerPoint); and 6. Developing data visualization dashboards using Power BI.

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 (EEO) 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. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com

Salary range or hourly pay range for the position

The salary range for this position is $116,900.00 - $194,900 annually.

A summary of all the benefits offered for that 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.

How to Apply

To apply, please send resume to aonresumes@aon.com and cite requisition number 00832, apply at jobs.aon.com, or click the apply button. This notice is subject to Aon Consulting, Inc.'s employee referral program.

2025-94617