Science & Research Jobs in Gurgaon, India (Now Hiring) — 70 open

Job Title- IND Consultant 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
People Manager role: No
Required education and certifications critical for the role-
Graduate / Post Graduate
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.
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/Canada Health and Benefits domain, delivering high complexity actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes. Develop client specific knowledge to deliver on the valuation and other consulting support services 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. 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. Actuarial Specialist/Actuarial – Operations Manager
• 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 AM\PM.
• Completing the non-standard valuations with instructions from AM\PM
• 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/COMPETENCIES REQUIRED:
• 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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