Aon Corporation
Health and Benefits Assistant Vice President-Financial Manager
Aon Corporation, Chicago, Illinois, United States, 60290
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 years of 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!
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.
Pay Transparency Laws:
The salary range for this position intended for U.S. applicants is
$120-$165k
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.
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.
#J-18808-Ljbffr
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 years of 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!
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.
Pay Transparency Laws:
The salary range for this position intended for U.S. applicants is
$120-$165k
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.
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.
#J-18808-Ljbffr