Senior Consultant - Actuary

Job Title : Senior Consultant - ActuaryAon is in the business of better decisionsAt 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 likeAon Consulting, Inc. seeks a Senior Consultant - Actuary reporting to headquarters in Chicago, Illinois to conduct actuarial analysis for insurance services under limited supervision. Responsibilities include : Developing Incurred But Not Paid (IBNP) reports.Projecting future medical, pharmacy, dental, and vision insurance costs based on historical claims and exposure data.Developing premium equivalent rates (budget rates) for self-insured customers.Performing benefit cost analysis and benefit harmonization strategy for mergers and acquisitions.Cleaning, analyzing, and summarizing data sets containing claim and enrollment information.Creating employee contribution models.Ensuring compliance with ACA and federal and state regulations on company-sponsored health plans.Identifying relevant cost measures and savings opportunities.Quantifying the financial impact (cost / savings) of insurance programs.Performing stop loss and captive modeling.Calculating Actuarial Values (AVs) of health plans.Creating experience monitoring reports (EMRs).Providing expertise for the financial aspect of RFPs.Performing insurance plan design and cost benchmarking analyses.Creating presentation decks for meetings and presenting results.May telecommute up to 5 days a week from anywhere in the Midwest. Annual salary : $113,714 - $182,300.Skills and experience that will lead to successBachelor’s degree in Actuarial Science or a related field plus three years of actuarial analysis experience. Must have at least three years of experience in : Developing Incurred But Not Paid (IBNP) reports.Cleaning, analyzing, and summarizing data sets containing claim and enrollment information.Creating employee contribution models.Performing stop loss and captive modeling.Calculating Actuarial Values (AVs) of health plans.Performing insurance plan design and cost benchmarking analyses.How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. We offer a variety of working style solutions, recognizing that flexibility goes beyond just the place of work.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.Salary range for the positionThe salary range for this position is $113,714 - $182,300 annually.A summary of all the benefits offered for that positionAon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including a 401(k) savings plan, medical, dental and vision insurance, paid time off, and an employee assistance program.How to ApplyTo apply, please send resume to aonresumes@aon.com and cite requisition number 00576, apply at jobs.aon.com, or click the apply button.#J-18808-Ljbffr

Salary : $113,714 - $182,300