IND Analyst I Health

Posting Description: Job Title- IND Analyst I Health – Actuarial Solution Line- Health - Actuarial Position type- Full Time Work Location- Gurgaon Working style - Hybrid Cab Facility- Yes Shift Time – 12PM to 9PM Required education and certifications critical for the role- Graduate/Post Graduate Required years of experience – 0-1 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. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed. 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 US Health and Benefits domain, delivering periodic actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes. The process involves analysis of healthcare products data provided by vendors & onshore consultants pertaining to premium, claims, plan attributes. JOB RESPONSIBILITIES : Operates as part of team under supervision of Sr. Analysts • Supporting our senior team members to provide expert, timely, efficient and professional delivery of services to our onshore consultants • Taking responsibility for the production (quality, timeliness and budget) of work for allocated client deliverables. This includes undertaking and completing complex actuarial calculations and reports (as appropriate to competence and experience defined in Skill Blocks) • Building strong relationships and high level trust in them to deliver work on time India | Risk and Human Capital Proprietary & Confidential • Demonstrate ability to convey logical thought processes and produce well-presented work which is easy for others to follow • Playing an active part in service delivery as part of the extended client teams and confident to do an independent research on a new topic • Taking responsibility to be abreast of process/legislative changes to ensure fit-for-purpose results are delivered • With supervision, completes periodic valuations for clients using ProVal software standard IBNP models/AMS tool • With supervision, works on multiple valuations and processes simultaneously • Recognizes when tasks are taking too long, and asks for help • Uses formal training to learn technical topics SKILLS/COMPETENCIES REQUIRED • Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering • Active student member of the Institute of Actuaries, UK / India and should have cleared at-least one core technical actuarial exams • Basic Knowledge of MS Excel text functions (LEFT, LEN), math functions (SUM, PRODUCT), statistical functions (AVERAGE, COUNT), logical functions (IF, OR) and lookups • - 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 • - 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. #LI-RG2