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Health and Benefits Consultant - Actuary

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Aon Corporation
Full Time position
Listed on 2026-06-17
Job specializations:
  • Finance & Banking
    Actuary, Financial Analyst
Salary/Wage Range or Industry Benchmark: 194900 USD Yearly USD 194900.00 YEAR
Job Description & How to Apply Below

Health and Benefits Consultant – Actuary

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

Reporting to headquarters in Chicago, Illinois, you will develop health and benefits actuarial solutions, performing health insurance and benefits strategy and actuarial consulting for goal setting, benchmarking, plan design, pricing strategy, budget setting, and bid/selection projects. You will utilize data analytics technology, predictive modeling, and market capabilities to develop health and benefits actuarial solutions, analyze health and benefits plan designs and group health market data, provide financial and modeling expertise, and develop novel methodologies and solutions focused on creating new, scalable, data‑driven solutions.

You will conduct Incurred but Not Reported (IBNR) analyses, project savings and costs related to health and benefits plan design and provider network changes, set and review health care budget rates for self‑insured plans and present results, develop actuarial and financial models at scale including forecasting, reporting, actuarial valuations, and network/cost and quality analyses, and analyze and visualize data using R and Microsoft Office Suite (Excel, Word, PowerPoint).

You will develop data visualization dashboards using Power BI and create new analytics products by leveraging data and analytics technology, predictive modeling, and market capabilities.

Telecommuting is available from anywhere in the United States, 5 days a week. Annual Salary: $ – $194,900.

Job Location

200

E. Randolph Street, Chicago, IL 60601

Skills and Experience that Will Lead to Success
  • Providing health insurance and benefits consulting for goal setting, benchmarking, plan design, pricing strategy, budget setting, and bid/selection projects.
  • Developing actuarial and financial models at scale including forecasting, reporting, actuarial valuations, and network/cost and quality analyses.
  • Projecting savings and costs related to health and benefits plan design and provider network changes.
  • Setting and reviewing health care budget rates for self‑insured plans and presenting results.
  • Analyzing and visualizing data using R and Microsoft Office Suite (Excel, Word, PowerPoint).
  • Developing data visualization dashboards using Power BI.
Benefits & Support

We provide a comprehensive benefits package, including a 401(k) savings plan with employer contributions, an employee stock purchase plan, medical, dental and vision insurance, various leaves of absence, paid time off (12 paid holidays and 15 days of paid vacation per year), paid sick leave, short‑term disability and optional long‑term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance, supplemental life and AD&D insurance, optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program with free counseling sessions.

We encourage a diverse workforce and support wellbeing through our agile, inclusive environment and Smart Working flexibility. All colleagues enjoy two Global Wellbeing Days each year.

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.

EEO Statement

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 and to perform essential job…

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