Aon

4 days ago

Benefit Experience Actuarial Consultant

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Source: Company careers pageValidated by: Fursa AI

Last checked: 12 hours agoStatus: Live

Job Summary

Serve clients within Aon’s private healthcare marketplace (Aon Benefit Experience/BenX) by performing actuarial and financial modeling for medical and dental rates versus self-insured projections. Conduct feasibility studies and RFP analysis, including actuarial value and Defined Contribution modeling, to support pricing, negotiation, plan recommendations, subsidy recommendations, and funding requirements. Provide implementation support to benefits administration teams and grow consulting acumen through Health & Benefits training.

Location: Chicago, New York

Workplace: Hybrid

Employment Type: Full time

Job Function: Finance & Accounting

Seniority: Mid level

Key Responsibilities

•Build and validate financial models (including quality review) comparing medical and dental quoted rates to self-insured projections.
•Perform data collection and review for feasibility studies and annual RFP processes, with ongoing checking and quality control.
•Conduct initial RFP analysis, including actuarial value modeling, to support pricing and negotiation.
•Create Defined Contribution modeling and support plan recommendations, subsidy recommendations, and self-insured funding requirements.
•Provide implementation support to benefits administration teams and participate in sponsored/external Health & Benefits training to grow consulting acumen.

Pay and Benefits

Salary: USD 110,000 - 130,000 annually

Perks:401kHealth InsuranceDentalVisionPaid LeavePaid HolidaysTuition Assistance

Key Requirements

•2–4 years of health and welfare experience (carrier or employer consulting).
•Progress toward FSA/ASA designation.
•Understand health insurance concepts, underwriting, forecasting, and analysis.
•Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics & Business, or related fields.
•Ability to support financial modeling and quality control for quoted rates and projections.

Experience:2-4 yearsHealthcareInsuranceBenefitsConsulting

Education:Bachelor's in Actuarial Science, Mathematics, Statistics, Economics & Business, or related fields

Skills:Project managementData analysisClient relationship managementQuality control

Company Brief

Aon

Global professional services firm providing risk, retirement, human resources, and insurance brokerage solutions to clients worldwide, including consulting, reinsurance, and data-driven risk management services.

Industry: Insurance

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: London, United Kingdom

Founded: 1982

Glassdoor: 3.9

Website LinkedIn Glassdoor

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