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Retirement Actuarial Experienced AssociateThis is a Hybrid Role. Flexibility to work both home and in the office from The Woodlands, TX Office.Aon 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.Skills and experience that will lead to successWe seek individuals who are Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders.Job Responsibilities:<ul><li>Review, analysis, and reconciliation of participant data</li><li>Assistance with complex benefit calculations and participant benefit statements including Qualified Domestic Relations Orders (QDROs)</li><li>Preparation and review of required government filings and participant notices (ex. Form 5500, PBGC Forms, Annual Funding Notice)</li><li>Complete annual valuations for qualified plans, non-qualified plans, and other Post-Employment Benefits (OPEB) plans including the calculations of liabilities, contributions, expense, and preparation of actuarial reports</li><li>Other special projects that may require analysis of large volumes of participant data such as experience studies and mortality studies</li><li>Projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans</li><li>Design and costing of new or alternative retirement programs</li></ul>Qualifications and/or experience:<ul><li>Undergraduate degree or equivalent industry experience</li><li>Completion of 3-4 actuarial exams.</li><li>3+ years of relevant experience</li><li>Excellent time and project management – able to manage multiple projects and deadlines simultaneously</li><li>Seeks and shares ideas for continuous improvement of processes and procedures</li></ul>How we support our colleaguesIn 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 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.Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.Pay Transparency Laws:The salary range for this position intended for U.S. applicants is $80k-$110k 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. The salary range reflected is based on a primary work location of State/Region. The actual salary may vary for applicants in a different 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.

This role will assist the lead actuary and consultants on assigned large accounts and manage/lead smaller actuarial engagements.Job Responsibilities:<ul><li>Assist in strategy development and costing of scenarios related to strategy discussions</li><li>Work with client to identify relevant cost measures</li><li>Assist in benchmarking discussions with clients, including strategy evolution as a result of benchmarking data</li><li>Understand and project savings/costs related to plan design or provider network changes</li><li>Set, and where appropriate review, health care budget rate for self-insured plans; present results to client</li><li>Review employee contribution rate development; present results to client</li><li>Perform supporting analysis for IBNP reserve development</li><li>Develop models to evaluate cost-saving scenarios</li><li>Assist the team in sales situations, representing the financial scope of work</li><li>Mentor and delegate work to other actuarial students as appropriate</li><li>Develop client reports and correspondence</li><li>Seek and provide peer review to ensure high quality client deliverables</li><li>Solicit credentialed actuarial review where appropriate</li><li>Maintain an up-to-date knowledge of group systems, products and technology, and have a thorough understanding of how these relate to group insurance consulting</li><li>Develop/Improve general consulting skills, knowledge, and exposure</li></ul>Required Experience:<ul><li>Four plus years of health and benefits actuarial work experience</li><li>Previous experience at a Human Resources Consulting firm, Outsourcing firm, Broker or Health Insurance Carrier</li><li>Knowledge of Microsoft Office Suite (Excel, Word and PowerPoint)</li><li>Client presentation skills requiredGood communication skills, both written and oral</li><li>ASA actuarial designation or close to achieving ASA</li></ul>Education:<ul><li>Bachelor&rsquo;s degree in Actuarial Science, Mathematics or Statistics, or related field</li></ul>How we support our colleaguesIn 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 &ldquo;Global Wellbeing Days&rdquo; 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.Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.The salary range for this position (intended for U.S. applicants) is $86,000- $110,000 annually. The actual salary will vary based on applicant&rsquo;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&rsquo;s geographic location.The salary range reflected is based on a primary work location of the state and region. The actual salary may vary for applicants in a different geographic location.This position is eligible to participate in one of Aon&rsquo;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&rsquo;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&amp;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.

Are you intellectually curious with a passion for solving problems? Do you enjoy a flexible and collaborative, team-based environment where you are always learning and growing? If yes, Aon is the place for you! This is a hybrid role with the flexibility to work both from home and your aligned office.Aon 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 likeRetirement ConsultingPension and other retirement plans have enormous financial implications for employers. Actuaries within Retirement Consulting work directly with our clients' management teams to assess the short and long-term costs associated with these commitments.You will have the opportunity to work on a variety of assignments during your internship. Some of the most important projects that retirement actuarial consultants work on are the annual pension "valuations." Each year, actuaries collect census data from the clients and perform the annual valuation. With the results of these valuations, we help our clients assess the ongoing financial health of their pension plans. Additional activities include:<ul><li>Projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans</li><li>Coordination of asset-liability analysis and other studies with investment consultants</li><li>Merger and acquisition "due diligence" and related activities</li><li>Design and costing of new retirement programs.</li><li>Programming innovative pension administration systems</li><li>Pension benefit calculations for participants</li><li>Union negotiation support and analysis</li><li>Quantitative comparison of comprehensive employee benefit programs for groups of employers</li></ul>How this opportunity is differentInterns within Aon will gain valuable experience assisting our teams supporting both client and internal projects. Interns will work with a cross-functional team to gain visibility and experience across a broad segment of clients. The 10-week summer program includes weekly spotlights delivered by Aon business leaders, a community outreach event and networking opportunities with fellow interns and colleagues.<ul><li>10 Week Paid Program in Offices Throughout the U.S.</li><li>Challenging Work on Significant Client Projects</li><li>One on One Internship Mentoring</li><li>Formal and Informal Feedback Throughout the Program</li><li>Significant on the job training and firsthand experience</li><li>Participation in formal training program taught by Aon's Industry professionals</li></ul>Aon Summer Internship ProgramAon's Summer Internship Program provides a unique opportunity for rising college seniors (and above) to learn, contribute, and gain real world work experience in a collaborative environment. Interns have the chance to learn more about Aon's culture and businesses while developing practical skills necessary for future success and postgraduate opportunities.The 10-week summer program includes weekly spotlights delivered by Aon business leaders, a community outreach event and networking opportunities with fellow interns and colleagues. The program equips interns with an understanding of working in an environment dedicated to exceeding client expectations and delivering products and services distinct to unique client needs.A Value Adding Program Development Plan (Curriculum)In addition to on-the-job training, our interns actively participate, along with their fellow intern colleagues, in a formal Development Plan. This provides interns:<ul><li>An understanding of the basic functions and types of clients within Aon's businesses</li><li>An understanding of Aon's ethical standards</li><li>Training geared toward enabling interns to demonstrate an ability to work in a professional business environment</li><li>Opportunities to network with fellow peers, Aon colleagues and executive leadership at program social events and interactive speaker forums</li><li>Opportunities to learn and use Aon's internal systems</li><li>Opportunities to demonstrate interpersonal and team building skills through many networking events</li></ul>An Opportunity to Explore Post Graduation Career Path OpportunitiesThe goal of the Aon Summer Internship Program is to give students significant exposure to Aon through project deliverables, continuing education and a training curriculum. The program also provides students with an excellent opportunity to learn and prepare for post-graduate career opportunities at Aon.Upon successful completion of the Aon Summer Internship Program, highly qualified interns may be offered post-graduation full-time positions within the Launch Program, Aon's Early Career Development Program.Skills and experience that will lead to successCollaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders. We aim to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients. Additionally, we take into consideration the following:<ul><li>Relevant work or internship experience.</li><li>Involvement in extracurricular activities.</li><li>Proficiency in Microsoft office products such as Word, PowerPoint, Excel and Outlook is required.</li><li>Outstanding quantitative and analytical skills</li><li>Strong written and verbal communication skills</li><li>Enjoy working on complex, mathematically-oriented projects</li></ul>If you graduate between December 2024 and June 2025 with a GPA of 3.0+, this opportunity is for you!The salary range for this position (intended for U.S. applicants) is $22.50-$28.50 per hour. 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.

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting our teams in, in Houston, TX, Dallas TX, Atlanta, GA, Tampa, FLJob Responsibilities:<ul><li>Perform strategy and actuarial consulting to include the following: (Benefit strategy, Goal setting, Benchmarking, Plan design, Pricing strategy, Budget setting, Bid/selection projects)</li><li>Provide actuarial client leadership on targeted clients/prospects focusing on broader business objectives such as: (Take ownership of outcomes, Delegate responsibilities effectively; coach and mentor team members, Build relationships with clients, Understand clients' business, Analyze scoping needs)</li><li>Exhibit leadership in business judgment in anticipating client/project needs and developing alternative solutions.</li><li>Explain actuarial methodology and results to clients, as well as potential alternatives.</li><li>Participate in strategic discussions with clients.</li><li>Effectively lead actuarial client teams, share client background and goals, measure results, share ideas, identify process improvements, provide timely and regular coaching and feedback to team members.</li><li>Lead actuarial work on client teams, provide technical coaching to other team members, and provide ultimate sign-off on results; likely play role on broader actuarial team on jumbo clients, managing large actuarial projects and deliverables, and coordinating with other actuarial team members.</li><li>Act as strategic resource for Health &amp; Benefits (H&amp;B) consultants.</li><li>Exhibit thought leadership for H&amp;B--understand and be able to articulate H&amp;B's Point of View to clients.</li><li>Additional formal or informal responsibilities may include: (People management or mentoring, Business development results, Workflow Management--staffing planning, Technical expertise, Understanding of Aon&rsquo;s business</li><li>Actively engage in peer review: have documents reviewed before going to client and review others&rsquo; documents</li><li>Contribute to the improvement of the practice (through national model development/maintenance, leading initiatives, etc.)</li></ul>Required Experience:<ul><li>Candidate recommended to have a FSA/ASA designation.</li><li>5+ years of health care industry experience (carrier or consulting)</li><li>Project management experience</li><li>People management/mentoring experience</li><li>Broad business knowledge/perspective</li><li>Team building skills</li></ul>Education:Bachelor&rsquo;s degree or equivalent years of industry experience.How we support our colleaguesIn 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 &ldquo;Global Wellbeing Days&rdquo; 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.comNothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.The salary range for this position (intended for U.S. applicants) is $105,000-$140,000 annually. The actual salary will vary based on applicant&rsquo;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&rsquo;s geographic location.The salary range reflected is based on a primary work location of the state and region. The actual salary may vary for applicants in a different geographic location.

Are you intellectually curious with a passion for solving problems? Do you enjoy a flexible and collaborative, team-based environment where you are always learning and growing? If yes, Aon is the place for you!The target salary range for this position is $59,500 to $71,500 annually. The actual salary will vary based on applicant&rsquo;s education, experience, skills, abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant&rsquo;s geographic location.This is a hybrid role with the flexibility to work both from home and your aligned office.Aon 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 has four exciting paths to choose from, and each is a one-of-a-kind opportunity waiting to be seized!Retirement ConsultingPension and other retirement plans have enormous financial implications for employers. Actuaries within Retirement Consulting work directly with our clients&rsquo; management teams to assess the short and long-term costs associated with these commitments.You will have the opportunity to work on a variety of assignments during your internship. Some of the most important projects that retirement actuarial consultants work on are the annual pension &ldquo;valuations.&rdquo; Each year, actuaries collect census data from the clients and perform the annual valuation. With the results of these valuations, we help our clients assess the ongoing financial health of their pension plans. Additional activities include:<ul><li>Projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans</li><li>Coordination of asset-liability analysis and other studies with investment consultants</li><li>Merger and acquisition &ldquo;due diligence&rdquo; and related activities</li><li>Design and costing of new retirement programs.</li><li>Programming innovative pension administration systems</li><li>Pension benefit calculations for participants</li><li>Union negotiation support and analysis</li><li>Quantitative comparison of comprehensive employee benefit programs for groups of employers</li></ul>Health and Benefits Consulting (H&amp;B)Employer-sponsored health and welfare benefit programs form the foundation of the U.S. health care system. These programs have evolved over time as employers have attempted to manage the changing needs of employees, rising program costs, and the impact of new legislation while supporting their human resource and business strategies.You will have the opportunity to work on a variety of assignments during your internship. Health and Benefits actuaries support consultants and work directly with our clients to develop short and longer-term health and welfare benefit strategies.  This process involves strategic assessments of the health care market and key trends and the identification of new and innovative solutions to employer problems.  The technical and analytical skills H&amp;B actuaries bring to this process are critical to our H&amp;B consulting. Additional activities include:<ul><li>Evaluate plan design and costs relative to various measures and benchmarks with reporting to clients</li><li>Health care budget rate-setting for self-insured plans including the analysis of medical and prescription drug network changes</li><li>Employee contribution rate development and scenario analysis</li><li>Analyze insured plan renewals for appropriateness and carrier bid financial evaluations</li><li>Retiree medical and disability plan valuations</li></ul>Risk ConsultingAon Global Risk Consulting (AGRC) Actuarial &amp; Analytics Practice is the third largest North American Property and Casualty Consulting firm, providing actuarial services to clients for more than 20 years. The practice is comprised of highly skilled and experienced professionals in the risk quantification and analysis field.As an intern within our Risk Consulting practice, you will have the opportunity to work on projects to assess exposure to P&amp;C risk by loss forecasting for budgeting and risk management strategy evaluation, calculating actuarial reserves for financial statement support, providing actuarial opinions for regulatory support, and evaluating total cost of risk for effective financial and risk management solutions. Additional projects you might work on include:<ul><li>Support analytical work including data management, loss forecasting, accruals, self-insurance analysis and cash flow analysis</li><li>Collect, organize and analyze data, in support of existing brokerage business and proposal development</li><li>Prepare and maintain effective documentation of all client correspondence</li><li>Apply existing approaches to processes to specific client assignments, alerting AGRC service team to deficiencies in data, results or processes</li><li>Contribute to the enhancement of overall assignment results by improving specific operational procedures</li><li>Complete routine client service tasks efficiently, delivering products and services, accurately and on time, by applying Aon protocols</li></ul>Reinsurance Actuarial ConsultingUnprecedented volatility is creating new risks and opportunities for organizations across the global economy. We provide risk transfer, claims advocacy and capitalmanagement solutions to help re/insurers reduce volatility and build more resilient businesses, governments and communities.Your primary role is to support clients as requested by supervisor or brokers, across virtually any client project or internal research assignment. Analysts are expected to develop proficiencies in completing standard analyses, while also taking part in more advanced analyses as needed. You will become familiar with Aon&rsquo;s tools and approach, contribute to their development and present Aon&rsquo;s solutions and services to our clients. Secondary role is to assist in pricing parameter updates and market research. Additional activities include:<ul><li>Work with colleagues (brokers, analytics and others) to identify and respond to client needs and develop additional opportunities related to products and services</li><li>Inventory and manage data related to analysis of reinsurance transactions</li><li>Analyze the costs and benefits of risk transferred under reinsurance agreements via pricing analysis and dynamic risk modeling with limited guidance</li><li>Understand reinsurance contracts and products (terminology, terms and conditions)</li><li>Prepare client-ready presentations to communicate analysis results to brokers and clients</li><li>Manage workflow proactively</li></ul>Skills and experience that will lead to successWe aim to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients.  Additionally, we take into consideration the following: <ul><li>Relevant work or internship experience.</li><li>Involvement in extracurricular activities.</li><li>Proficiency in Microsoft office products such as Word, PowerPoint, Excel and Outlook is required. </li><li>Outstanding quantitative and analytical skills</li><li>Strong written and verbal communication skills</li><li>Enjoy working on complex, mathematically-oriented projects.</li></ul>Education:<ul><li>Bachelor’s Degree in Actuarial Science, Statistics, or related</li><li>Have passed at least one actuarial exam, preferred</li><li>If you graduate between December 2023 and June 2024 with a GPA of 3.0+,this opportunity is for you!</li></ul>

Aon Is Looking for Actuarial Interns &ndash; Availability NationwideAre you intellectually curious with a passion for solving problems? Do you enjoy a flexible and collaborative, team-based environment where you are always learning and growing? If yes, Aon is the place for you!The target salary range for this position is $22 to $28 per hour. The actual salary will vary based on applicant&rsquo;s education, experience, skills, abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant&rsquo;s geographic location.This is a hybrid role with the flexibility to work both from home and your aligned office.Aon 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 has four exciting paths to choose from, and each is a one-of-a-kind opportunity waiting to be seized!Retirement ConsultingPension and other retirement plans have enormous financial implications for employers. Actuaries within Retirement Consulting work directly with our clients&rsquo; management teams to assess the short and long-term costs associated with these commitments.You will have the opportunity to work on a variety of assignments during your internship. Some of the most important projects that retirement actuarial consultants work on are the annual pension &ldquo;valuations.&rdquo; Each year, actuaries collect census data from the clients and perform the annual valuation. With the results of these valuations, we help our clients assess the ongoing financial health of their pension plans. Additional activities include:<ul><li>Projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans</li><li>Coordination of asset-liability analysis and other studies with investment consultants</li><li>Merger and acquisition &ldquo;due diligence&rdquo; and related activities</li><li>Design and costing of new retirement programs.</li><li>Programming innovative pension administration systems</li><li>Pension benefit calculations for participants</li><li>Union negotiation support and analysis</li><li>Quantitative comparison of comprehensive employee benefit programs for groups of employers</li></ul>Health and Benefits Consulting (H&amp;B)Employer-sponsored health and welfare benefit programs form the foundation of the U.S. health care system. These programs have evolved over time as employers have attempted to manage the changing needs of employees, rising program costs, and the impact of new legislation while supporting their human resource and business strategies.You will have the opportunity to work on a variety of assignments during your internship. Health and Benefits actuaries support consultants and work directly with our clients to develop short and longer-term health and welfare benefit strategies.  This process involves strategic assessments of the health care market and key trends and the identification of new and innovative solutions to employer problems.  The technical and analytical skills H&amp;B actuaries bring to this process are critical to our H&amp;B consulting. Additional activities include:<ul><li>Evaluate plan design and costs relative to various measures and benchmarks with reporting to clients</li><li>Health care budget rate-setting for self-insured plans including the analysis of medical and prescription drug network changes</li><li>Employee contribution rate development and scenario analysis</li><li>Analyze insured plan renewals for appropriateness and carrier bid financial evaluations</li><li>Retiree medical and disability plan valuations</li></ul>Risk ConsultingAon Global Risk Consulting (AGRC) Actuarial &amp; Analytics Practice is the third largest North American Property and Casualty Consulting firm, providing actuarial services to clients for more than 20 years. The practice is comprised of highly skilled and experienced professionals in the risk quantification and analysis field.As an intern within our Risk Consulting practice, you will have the opportunity to work on projects to assess exposure to P&amp;C risk by loss forecasting for budgeting and risk management strategy evaluation, calculating actuarial reserves for financial statement support, providing actuarial opinions for regulatory support, and evaluating total cost of risk for effective financial and risk management solutions.

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Retirement and Investment business group within our The Woodlands, Texas, Office. As a Retirement Actuarial Consultant, you will report directly to the Retirement Local Practice Leader.Job Responsibilities:<ul><li>Manage projects</li><li>Delegate and coach more junior colleagues</li><li>Review work for both accuracy and reasonability</li><li>Provide technical leadership to clients and plays a significant role in client meetings</li><li>Communicate on technical topics with clients</li><li>Take ownership of issues</li><li>Be proactive in initiating and leading discussions</li><li>Ensure team follows through</li><li>Master basic technical concepts and apply to broader assignments</li></ul>Required Experience:<ul><li>5+ years of Defined Benefit experience</li><li>Fully qualified Actuary (FSA and EA)</li><li>Have outstanding quantitative and analytical skills</li><li>Strong written and verbal communication skills.</li><li>Ability to work under pressure of fixed deadline</li><li>Ability to work effectively in a team environment or independently as the work product demands.</li></ul>Education:Bachelor&rsquo;s degree in or equivalent years of industry experienceHow we support our colleaguesIn 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 &ldquo;Global Wellbeing Days&rdquo; 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.comThe salary range for this position (intended for U.S. applicants) is $105,000-$125,000 annually. The actual salary will vary based on applicant&rsquo;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&rsquo;s geographic location. The salary range reflected is based on the primary work location. The actual salary may vary for applicants in a different geographic location.

Job Responsibilities:<ul><li>Perform strategy and actuarial consulting to include the following: (Benefit strategy, Goal setting, Benchmarking, Plan design, Pricing strategy, Budget setting, Bid/selection projects)</li><li>Provide actuarial client leadership on targeted clients/prospects focusing on broader business objectives such as: (Take ownership of outcomes, Delegate responsibilities effectively; coach and mentor team members, Build relationships with clients, Understand clients' business, Analyze scoping needs)</li><li>Exhibit leadership in business judgment in anticipating client/project needs and developing alternative solutions.</li><li>Explain actuarial methodology and results to clients, as well as potential alternatives.</li><li>Participate in strategic discussions with clients.</li><li>Effectively lead actuarial client teams, share client background and goals, measure results, share ideas, identify process improvements, provide timely and regular coaching and feedback to team members.</li><li>Lead actuarial work on client teams, provide technical coaching to other team members, and provide ultimate sign-off on results; likely play role on broader actuarial team on jumbo clients, managing large actuarial projects and deliverables, and coordinating with other actuarial team members.</li><li>Act as strategic resource for Health &amp; Benefits (H&amp;B) consultants.</li><li>Exhibit thought leadership for H&amp;B--understand and be able to articulate H&amp;B's Point of View to clients.</li><li>Additional formal or informal responsibilities may include: (People management or mentoring, Business development results, Workflow Management--staffing planning, Technical expertise, Understanding of Aon&rsquo;s business</li><li>Actively engage in peer review: have documents reviewed before going to client and review others&rsquo; documents</li><li>Contribute to the improvement of the practice (through national model development/maintenance, leading initiatives, etc.)</li></ul>Required Experience:<ul><li>Candidate must have a FSA/ASA designation.</li><li>6+ years of health care industry experience (carrier or consulting)</li><li>Project management experience</li><li>People management/mentoring experience</li><li>Broad business knowledge/perspective</li><li>Team building skills</li></ul>Education:Bachelor&rsquo;s degree or equivalent years of industry experience.How we support our colleaguesIn 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 &ldquo;Global Wellbeing Days&rdquo; 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. People with criminal histories are encouraged to apply.The salary range for this position is $102,000-$136,000 annually. The actual salary will vary based on applicant&rsquo;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&rsquo;s geographic location.

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Health and Benefits business group within Aon.Job Responsibilities:<ul><li>Be responsible for all financial activities for assigned clients</li><li>Prepare regular (monthly or quarterly) financial reporting packages for clients, leveraging existing templates</li><li>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</li><li>Analyze ad hoc data using advanced functions in Excel and effectively communicate findings with both internal client team and stakeholders at the client</li><li>Conduct ad-hoc projects as needed using appropriate resources (Health Care Reform impactmodeling, plan changes, self-funded vs. fully insured analysis, etc.)</li><li>Develop executive summary on all key financial components of marketing andprovide recommendations</li><li>Review financial caveats, deviations and other notes in proposals, addappropriate notes to the client RFP results presentation</li><li>Review insurance carrier renewal calculations for medical, dental, vision, life and disability and identify areas for negotiation</li><li>Collect and submit needed financial data for benchmarking projects</li><li>Prepare client budget and contribution scenarios</li><li>Maintain and manage open items lists to ensure each clientreceives the agreed upon deliverables</li><li>Prepare and present in meetings both internal and client facing</li><li>Provide cost estimates for Healthcare Reform expected fees or upcoming taxes</li><li>Assist in new business sales opportunities as needed</li></ul>Required Experience:<ul><li>One+ years of health and benefits underwriting or data analyst experience, preferably in a carrier or consulting environment. More experience is preferred.</li><li>Advanced level proficiency with Microsoft Office, especially MS Excel and MS PowerPoint. Knowledge of MS Access, SQL a plus.</li><li>Strong project management experience</li><li>Self-starter who can work well in a fast-paced, team environment</li></ul>Education:<ul><li>Bachelor&rsquo;s Degree in relevant discipline or equivalent experience</li></ul>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 &ldquo;Global Wellbeing Days&rdquo; 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.

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