Health and Benefits Assistant Vice President, Financial Manager
Location : Chicago, Lincolnshire IL, Michigan, Bloomington, MN, Columbus OH, Cleveland OH, St Louis MO
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
- Be responsible for all financial activities for assigned clients
- Prepare regular (monthly or quarterly) financial reporting packages for clients, leveraging existing templates
- Assist in collecting and completing input for various financial models such as Incurred But Not Reported Claims model, Actuarial Value Plan Model and Pricing Models
- Analyze ad hoc data using advanced functions in Excel and effectively communicate findings with both internal client team and stakeholders at the client
- Conduct ad-hoc projects as needed using appropriate resources (Health Care Reform impact modeling, plan changes, self-funded vs.
fully insured analysis, etc.)
- Develop executive summary on all key financial components of marketing and provide recommendations
- Review financial caveats, deviations and other notes in proposals, add appropriate notes to the client RFP results presentation
- Review insurance carrier renewal calculations for medical, dental, vision, life and disability and identify areas for negotiation
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 :
- Eight plus of years health and benefits underwriting experience, preferably in a consulting environment.
- Strong proficiency in self-insured and fully insured funding arrangements
- Advanced level proficiency with Microsoft Office
Education :
- Bachelor’s Degree in relevant discipline or equivalent experience
- License or Certificate Requirements :
- Appropriate Insurance License / Life and Health or willingness to obtain license as soon as possible
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!