IND Consultant I Health - Actuarial

Job Title-

Solution Line-

Required education and certifications critical for the role-

Graduate (Except technical graduates)

Required years of experience -

2-4 year of relevant experience

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.

INFORMATION ABOUT THE BUSINESS

Aon Health and Benefits takes a long-term view of benefits management that aims to help companies achieve a balance between using benefits as a retention tool and managing escalating costs. These offerings include end-to-end solutions to benefits management, alignment of your benefit plans with corporate strategy and policies, considerable purchasing leverage, systematic and structured approach.

GENERAL DESCRIPTION OF ROLE:

Assist consultants and other stakeholders for Canada Health and Benefits domain, delivering RFP/Renewal reports to the Clients. Working on the internal client data base tool to update policy information related to Canada health and benefit plans. Providing clients with market insights and a measure of how their benefit programs compare to the competition. Delivering reports based on various parameters i.e., premium, claims & Loss ratios.

The process involves analysis of healthcare products information provided by vendors & onshore consultants pertaining to premium, claims, plan attributes.

JOB RESPONSIBILITIES:

• Develop client-specific knowledge to deliver on the valuation and other consulting support services.
• Compliance and drive usage of various processes, templates, precedents and models compliance guidelines as a competent checker.
• Develop your understanding of the wider context big picture view of the technical calculations and key primary drivers of the results.
• Demonstrate a very good understanding of all aligned processes and to be able to mentor and also to provide insights to clients/clients team.
• Maintaining and building learning resources for the team, such as best practices sharing or training materials for particular types of work.
• Completes straight forward valuations independently and some complex valuations simultaneously with some oversight.
• Prioritizes valuations/other process work independently.
• Has expanded project management responsibilities.
• Helps junior colleagues and starts developing skill set setting their path to IC or technical manager.
• Volunteer yourself in at least one special project.
• Communicates valuation results.
• Delegation of stand-alone tasks and perform review.
• Documents own work and prompts documentation of work done by others.
• Ensures own work is complete and thorough, requiring minimal review from the AMPM.
• Completing the non-standard valuations with instructions from AMPM.
• Extremely efficient at completing valuations accurately and within time constraints.
• Efficient resource utilization.
• Proficient in VBA.
• Take part in onshore call and share the insights with team
  

SKILLS

• Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering.
• Active student member of the Institute of Actuaries, UK / India and prefer to have cleared at-least three core technical actuarial exams.
• Advance Knowledge of MS Excel.
• Should be well versed with basic tool functionalities for creating, editing and formatting presentation.
• Business communication skills (email and conference calls) and fluent with English language. Should be able to coherently and confidently communicate thoughts and ideas verbally, and in writing logical approach towards solving problems.
• Should be flexible, keen on taking initiatives, accountable and have a collaborative approach with fellow colleagues

HOW WE SUPPORT OUR COLLEAGUES

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.

Furthermore, all colleagues enjoy two Global Wellbeing Days each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!

Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant, and more valued.

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