Chief Actuary - Health Solutions

Chief Actuary - Health Solutions This is a hybrid role with the flexibility to work both virtually and from any Aon 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 team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

The lead actuary for Health Solutions defines the strategic direction for actuarial and financial services across U.S. Health. They collaborate with Health leadership to promote business objectives and encourage profitable growth. At Aon, the lead actuary is recognized as a senior expert on healthcare financial trends, regulatory developments, and industry dynamics. They provide thought leadership inside and outside the company. They make sure actuarial insights become commercially relevant solutions for clients. The role also leads improvements aligned to the Target Operating Model (TOM).

People & Talent

• Embed commercial rigor in talent and resource decisions, ensuring the team’s capabilities and capacity support revenue growth, customer dedication, and margin objectives.
• Ensure staffing model aligns with client needs and profitability objectives, in coordination with client leaders and Health leadership.
• Define career paths and capabilities that support talent retention, succession, and long‑term organizational health.
• Lead and develop the client-facing quantitative and financial analysis team, encouraging a high-performing culture grounded in accountability, collaboration, and continuous development.
• Ensure risk mitigation through peer review, actuarial credentialing, established guidelines, and continuing education.

Industry Engagement & Thought Leadership

• Serve as Aon’s senior authority on actuarial trends and healthcare financial trends, including employer and regulatory impacts.
• Translate complex healthcare data and market dynamics into clear, actionable insights for clients, colleagues, and the broader market.
• Monitor regulatory, industry, and marketplace developments to inform strategic decision‑making and external positioning.
• Deliver external, market-facing representation of Aon’s actuarial findings, recommendations, and points-of-view.

Actuarial & Financial Analysis and Strategic Client Consulting

• Set and lead all aspects of risk management and fiscal strategy supporting client healthcare, financial, and broking decision‑making.
• Lead or coordinate intricate actuarial and fiscal consulting engagements at scale, including large employers, insurers, and high‑risk client situations.
• Partner alongside client leaders to find opportunities where analytic and fiscal insights can strengthen client relationships, expand solutions, and contribute to profitable growth.
• In partnership with Analytics, build and govern tools and models required to deliver market leading risk assessment and economic consulting services.

Innovation and Product/Solution Development

• Collaborate with cross-functional leaders to support product and solution development, commercialization, and critical initiatives.
• Guide commercialization of new or enhanced actuarial solutions by connecting market needs, client value, delivery feasibility, and financial return.
• Encourage innovation in risk assessment and fiscal methods while maintaining appropriate risk, governance, and financial rigor.

Operational Excellence & Operating Model Execution

• Drive operational efficiency and scalable execution across the Actuarial & Financial organization, aligned to the Target Operating Model.
• Strengthen coordination between the Actuarial & Financial team and other teams across Health to improve decision quality, consistency, and speed.

Skills and experience that will lead to success

• Fifteen plus years of healthcare actuarial experience with demonstrated leadership and strategic impact.
• Fellow of the Society of Actuaries (FSA)
• Demonstrated ability to connect technical actuarial expertise to commercial outcomes, including revenue growth, margin improvement, client retention, and solution expansion.
• Strong analytical capability and experience overseeing actuarial and financial tools and models.
• Ability to communicate complex actuarial and financial concepts to non-technical audiences.
• Proven success leading and developing high-performing teams.

Education: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field; advanced degree preferred. 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. Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. The salary range for this position (intended for U.S. applicants) is $300,000 to $375,000 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. 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. This role does not accrue vacation. Rather, this role is eligible to take paid time off at the discretion of the employee and management in accordance with company policy and practices. Various other types of leaves of absence; 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. #LI-LC1 #LI-Executive #LI-HYBRID 2587981