Health Solutions Vice President- Financial Manager

Aon; St. Louis (MO); On-site; USD 140,000 - 160,000; Full time

Benefits offered by this job

Annual incentive plan

Job summary

Health Solutions in the United States seeks a Vice President, Financial Manager to lead the financial activities for assigned clients. You will oversee monthly and quarterly reporting, support complex funding structures, and partner with actuaries and consultants.

The role requires 8+ years in health and benefits underwriting in a consulting setting, strong Excel modeling skills, and proven client relationship management. A Bachelor's degree and insurance licensing readiness are expected.

Qualifications

• Eight plus years health and benefits underwriting experience, preferably in a consulting environment.
• Strong proficiency in self-insured and fully insured funding arrangements.

Responsibilities

• Be responsible for all financial activities for assigned clients.
• Prepare monthly or quarterly financial reporting packages for clients, leveraging templates.
• Assist in collecting input for various financial models such as IBNR, Actuarial Value Plan, and Pricing Models.
• Analyze ad hoc data using advanced Excel functions and communicate findings to internal teams and clients.
• Develop executive summaries on key financial components and provide recommendations.
• Review renewals and identify areas for negotiation.

Skills

Client Relationship Management

Sales

Business Communications

Performance Management

Organizational Leadership

Stakeholder Management

Education

Bachelor's Degree in relevant discipline

Job description

Health Solutions

Vice President, Financial Manager

Location: Chicago, IL, Bloomington, MN, Cleveland Oh, Columbus, OH, ST. Louis, MO, Nebraska

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

• Be responsible for all financial activities for assigned clients
• Prepare regular (monthly or quarterly) financial reporting packages for clients, leveraging existing templates
• Assist in collecting and completing input for various financial models such as Incurred But Not Reported Claims model, Actuarial Value Plan Model and Pricing Models
• Analyze ad hoc data using advanced functions in Excel and effectively communicate findings with both internal client team and stakeholders at the client
• Conduct ad-hoc projects as needed using appropriate resources (Health Care Reform impactmodeling, plan changes, self-funded vs. fully insured analysis, etc.)
• Develop executive summary on all key financial components of marketing andprovide recommendations
• Review financial caveats, deviations and other notes in proposals, addappropriate notes to the client RFP results presentation
• Review insurance carrier renewal calculations for medical, dental, vision, life and disability and identify areas for negotiation
• Skills: Client Relationship Management - Sales; Business Communications - Performance Management (PM) - Organizational Leadership - Stakeholder Management

How This Role Is different:

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Health Analytics. This role will assist the lead actuary and consultants on assigned large accounts and manage/lead smaller actuarial engagements.

Skills and Expertise That Will Lead to Success:

• Eight plus of years health and benefits underwriting experience, preferably in a consulting environment.
• Strong proficiency in self-insured and fully insured funding arrangements

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

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $140k-$160k annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.

This position is eligible to participate in one of Aon's annual incentive plans to receive [an annual discretionary bonus] in addition to base salary. The amount of any [bonus] varies and is subject to the terms and conditions of the applicable incentive plan.

A summary of all the benefits offered for this position:

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts,employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.