Job Description

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Health Actuarial Consultant

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting our Health Solutions practice.

This is a hybrid role with the flexibility to work both virtually and from our Toronto office.

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

• Production and revision of actuarial analyses supporting employee benefit plans, including setting and discussing assumptions with clients or client teams
• Participate in and lead various actuarial and analytics projects
• Provide technical expertise, advanced analysis, insights and recommendations to client teams and analysts in respect to the work being completed
• Support the broking team on various projects, such as:

• Analysis and negotiation of annual renewals
• Analysis and cost projections following carrier marketings
• Experience monitoring, including analysis of claim costs, trends, and client relevant KPIs
• Prepare and/or review of client ready material
• Attend client meetings in support of the client teams as required or to present actuarial work results
• Support ad-hoc financial requests, working with carriers and other business units to support client facing colleagues
• Coordinate projects with analysts, consultants, other business units and carriers
• Increase efficiency by identifying ways to improve standardized processes and add value to client deliverables
• Participate in team projects and activities which drive innovation, improved client value and business results
• Build strong working relationships with colleagues, clients, client teams and carriers
• Act as a role model, ensuring adherence to internal tools, quality, technical, professional, and ethical standards
• Maintain an up-to-date knowledge of the group benefits industry, systems, products, trends, and emerging technology, to support a thorough understanding of how this relates to increasing value to clients
• Provide training and mentorship to junior team members

How this opportunity is different

As a Consultant in our Actuarial & Analytics team, you will be supporting client teams in the servicing of clients with respect to management of the financial risk of their benefit programs. Working with a team of analysts and senior team leaders you will be involved with a variety of client deliverables including but not limited to actuarial valuations, benefits costings, reserve calculations, simulation modelling, flex plan pricing and modelling, mergers and acquisitions due diligence and other actuarial and analytics projects.

Skills and experience that will lead to success

• Demonstrated relevant actuarial experience in group benefits consulting or underwriting environment;
• A valid group insurance license \xe2\x80\x93 multi-jurisdictional is an asset;
• Bilingual capabilities, able to write and speak in English and French, will be a strong asset;
• Demonstrated problem-solving and analytical skills in developing solutions for complex client/business issues;
• Proven organization skills and the ability to effectively coordinate the delivery of projects and advisory services;
• Demonstrated ability to lead projects and client team members;
• Strong technical expertise and the proven ability to remain current with respect to industry trends, provincial and federal legislative policies and changes;
• Excellent interpersonal, communication and presentation skills, both verbally and written;
• Ability to work collaboratively as a key member of a team and independently with minimum supervision;
• Meticulous attention to detail, refined organizational skills and the ability to multi-task;
• Proven ability to prioritize competing requirements and deadlines under pressure;
• Must have strong computer skills and be proficient with the Microsoft Office Package.
• University or College graduate in Actuarial science, Mathematics, or related discipline.
• Actively writing Society of Actuaries (SOA) or Canadian Institute of Actuaries (CIA) exams.

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 \xe2\x80\x9cGlobal Wellbeing Days\xe2\x80\x9d each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise 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.

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

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. * Dependant on regional requirements, please include specific benefits where applicable and relevant accommodation criteria and enhanced equal opportunities statement.

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