Actuarial Intern Aon New York

Overview

Actuarial Intern Aon New York – Job Description

Aon Is Looking for Actuarial Interns – New York, NY

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions. Actuaries at Aon work with large, mid-sized and small clients on a variety of projects related to effectively managing Risk, Retirement Health and Reinsurance solutions. Your day-to-day responsibilities will vary, depending on your track, as we hire actuaries to work within all four of these core capabilities.

SOA Track: Health & Benefits Consulting

Recently voted the #3 Best Employer for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Your Impact as An Actuarial Intern

Health and Benefits Consulting (H&B)

Employer-sponsored health and welfare benefit programs form the foundation of the U.S. health care system. These programs have evolved over time as employers have attempted to manage the changing needs of employees, rising program costs, and the impact of new legislation while supporting their human resource and business strategies.

Job Responsibilities

You will have the opportunity to work on a variety of assignments during your internship. Health and Benefits actuaries support consultants and work directly with our clients to develop short and longer-term health and welfare benefit strategies. This process involves strategic assessments of the health care market and key trends and the identification of new and innovative solutions to employer problems. The technical and analytical skills H&B actuaries bring to this process are critical to our H&B consulting. Additional activities include:

• Evaluate plan design and costs relative to various measures and benchmarks with reporting to clients
• Health care budget rate-setting for self-insured plans including the analysis of medical and prescription drug network changes
• Employee contribution rate development and scenario analysis
• Analyze insured plan renewals for appropriateness and carrier bid financial evaluations
• Retiree medical and disability plan valuations

Aon’s Internship Program

Interns within Aon will gain valuable experience assisting our teams supporting both client and internal projects. Interns will work with a cross-functional team to gain visibility and experience across a broad segment of clients. The 10-week summer program includes weekly spotlights delivered by Aon business leaders, a community outreach event and networking opportunities with fellow interns and colleagues.

• 10 Week Paid Program in Offices Throughout the U.S.
• Challenging Work on Significant Client Projects
• One on One Internship Mentoring
• Formal and Informal Feedback Throughout the Program
• Significant on the job training and firsthand experience
• Participation in formal training program taught by Aon’s Industry professionals

What are we looking for?

Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders.

We aim to recruit a diverse group of professionals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients. Additionally, we take into consideration the following:

• Relevant work or internship experience.
• Involvement in extracurricular activities.
• Proficiency in Microsoft office products such as Word, PowerPoint, Excel and Outlook is required.
• Outstanding quantitative and analytical skills
• Strong written and verbal communication skills
• Enjoy working on complex, mathematically-oriented projects
• Applicants for this role, which is part of the Aon Summer Internship Program, must be rising seniors, graduating between December 2020 – June 2021 and have a GPA of 3.0 or above.

Our Colleague Experience

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.