Health and Benefits Financial Analyst

4 weeks ago


Baltimore, United States Aon Full time

Health and Benefits Financial Senior Consultant:

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 Solutions business group within Aon.

This is a hybrid role that can be located in any of the following offices: Boston, MA; Philadelphia, PA; Raleigh, NC; Washington DC, Baltimore, MD; or Charlotte, NC. 

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:

Regularly attend client meetings Leads financial portion of strategic discussions in client meetings Explains financial methodology and results to clients; as well as potential alternatives Maintain and manage open items lists to ensure you are providing each client with the agreed upon work Conduct ad-hoc projects as needed using appropriate resources (Stop Loss modeling, plan changes with Actuarial Value model, etc.) Present marketing results to client Prepare monthly/quarterly financial reports for clients Review financial caveats, deviations and other notes in proposals, add appropriate notes to the client RFP results presentation Negotiate with carriers as directed on rates, designs and plan provisions Develop executive summary on all key financial components of marketing and provide recommendations Provide financial modeling as needed on opportunity Ensure all commissions have been disclosed and verified for each vendor Provide cost estimates for PCORI to all self-funded clients at the applicable time Collect and submit needed financial data for bench-marking projects Effectively lead financial client teams, share client background and goals, measure results, share ideas, identify process improvements, provide timely and regular coaching and feedback to team members

Skills and experience that will lead to success:

Three plus of years health and benefits underwriting experience, preferably in a consulting environment. Strong proficiency in self-insured and fully insured funding arrangements Client consulting experience Self-starter who can work well with minimal supervision

Education:

Bachelor’s Degree in relevant discipline or equivalent experience License or Certificate Requirements: Appropriate Insurance License/Life and Health or willingness to obtain license as soon as possible

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


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