Retirement Actuarial Experienced Associate
This is a Hybrid Role with flexibility to work both from home and in the office from The Woodlands, TX 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.
Skills and experience that will lead to success
We seek individuals who are Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders, and Future Leaders.
Job Responsibilities:
- Review, analysis, and reconciliation of participant data
- Assistance with complex benefit calculations and participant benefit statements including Qualified Domestic Relations Orders (QDROs)
- Preparation and review of required government filings and participant notices (ex. Form 5500, PBGC Forms, Annual Funding Notice)
- Complete annual valuations for qualified plans, non-qualified plans, and other Post-Employment Benefits (OPEB) plans including the calculations of liabilities, contributions, expense, and preparation of actuarial reports
- Other special projects that may require analysis of large volumes of participant data such as experience studies and mortality studies
- Projections (both stochastic and deterministic) of long-term financial information for pension and other post-retirement benefit plans
- Design and costing of new or alternative retirement programs
Qualifications and/or experience:
- Undergraduate degree or equivalent industry experience
- Completion of 3-4 actuarial exams
- 3+ years of relevant experience
- Excellent time and project management – able to manage multiple projects and deadlines simultaneously
- Seeks and shares ideas for continuous improvement of processes and procedures
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!
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.
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.
Aon provides equal employment opportunities 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.
We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process, and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com.
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 $80k-$110k annually. The actual salary will vary based on the 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 the applicant’s geographic location. The salary range reflected is based on a primary work location of State/Region. The actual salary may vary for applicants in a different 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.
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.
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