Job Title: Actuarial Analyst 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 Aon Consulting, Inc. seeks an Actuarial Analyst in Boston, Massachusetts to perform health and benefits actuarial analysis. Conduct underwriting analyses based on plan history and changes in risk to negotiate insurance rates. Execute actuarial analysis for group benefits and group insurance solutions. Analyze flexible benefit pricing. Conduct actuarial analysis for insurance concepts, including reserving and forecasting of future costs and liabilities. Perform rate reviews and assist with negotiating renewal ratings and prepare quarterly documents for renewals and financial reports. Analyze and project savings and costs related to changes to insurance plans and market forces. Conduct Actuarial Value modeling and Dental Relative Value modeling. Review group insurance contracts, agreements, and employee booklets. Assist in analytic projects, including pooling risk simulations and drugs utilization reviews. Perform financial analysis of data. Perform data collection and analysis, feasibility studies, and financial modeling related to group insurance products. Ensure insurance compliance with RxDC and Medical Part D creditable coverage. Use Microsoft Office Suite, including Word, PowerPoint, and Excel to analyze and report on actuarial data. Create actuarial communications and reports to summarize findings, observations, and outcomes of analysis performed. Local telecommuting available up to 2 days per week. Annual salary: $89,648 - $136,100. Job Location: 53 State Street, Boston, MA 02109 Skills and experience that will lead to success Bachelor’s degree in Actuarial Science or a related field plus one year of actuarial analysis experience. Must have at least one year of experience in each of the following: 1. Conducting actuarial analysis for insurance concepts, including reserving and forecasting of future costs and liabilities; 2. Analyzing and projecting savings and costs related to changes to insurance plans and market forces; 3. Using Microsoft Office Suite, including Word, PowerPoint, and Excel to analyze and report on actuarial data; 4. Performing data collection and analysis, feasibility studies, and financial modeling related to group insurance products; and 5. Creating actuarial communications and reports to summarize findings, observations, and outcomes of analysis performed. 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. 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.com Salary range or hourly pay range for the position The salary range for this position is $89,648 - $136,100 annually. A summary of all the benefits offered for that position 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. How to Apply To apply, please send resume to aonresumes@aon.com and cite requisition number 00804, apply at jobs.aon.com, or click the apply button. This notice is subject to Aon Consulting, Inc.'s employee referral program. 2024-81804