Chief Actuary - Health Solutions

Aon Corporation • Washington, DC

3d • Hybrid

About The Position

The Chief Actuary for Health Solutions defines the strategic direction for actuarial and financial services across U.S. Health, collaborating with Health leadership to advance business objectives and profitable growth. As a senior expert on healthcare financial trends, regulation, and industry dynamics, this role provides thought leadership internally and externally and translates actuarial insights into commercially relevant client solutions. The role also leads improvements aligned with Aon’s Target Operating Model (TOM).

The Chief Actuary leads and develops the client-facing quantitative and financial analysis team, sets talent and staffing approaches, and supports retention, succession, and organizational health. The role serves as Aon’s senior authority on actuarial and healthcare financial trends; leads risk management, fiscal strategy, and complex consulting engagements; and partners with client leaders and Analytics to develop and govern tools and models. It also supports commercialization and development of actuarial solutions, drives innovation with appropriate governance, and advances operational efficiency and coordination across Health.

Requirements

• Fifteen or more 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.
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.

Nice To Haves

• Advanced degree preferred.

Responsibilities

• Define the strategic direction for actuarial and financial services across U.S. Health in collaboration with Health leadership.
• Embed commercial rigor in talent and resource decisions so team capabilities and capacity support revenue growth, customer dedication, and margin objectives.
• Ensure staffing models align with client needs and profitability objectives, coordinating 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, fostering accountability, collaboration, and continuous development.
• Mitigate risk through peer review, actuarial credentialing, established guidelines, and continuing education.
• Serve as Aon’s senior authority on actuarial and healthcare financial trends, including employer and regulatory impacts.
• Translate complex healthcare data and market dynamics into actionable insights for clients, colleagues, and the broader market.
• Monitor regulatory, industry, and marketplace developments to inform strategic decisions and external positioning.
• Represent Aon externally on actuarial findings, recommendations, and points of view.
• Set and lead risk management and fiscal strategy supporting client healthcare, financial, and broking decisions.
• Lead or coordinate complex actuarial and fiscal consulting engagements at scale, including for large employers, insurers, and high-risk client situations.
• Partner with client leaders to use analytic and fiscal insights to strengthen client relationships, expand solutions, and contribute to profitable growth.
• Partner with Analytics to build and govern tools and models for risk assessment and economic consulting services.
• Collaborate with cross-functional leaders on 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.
• Drive operational efficiency and scalable execution across the Actuarial & Financial organization in alignment with the Target Operating Model.
• Strengthen coordination between the Actuarial & Financial team and other Health teams to improve decision quality, consistency, and speed.

Benefits

• 401(k) savings plan with employer contributions.
• Employee stock purchase plan.
• Consideration for long-term incentive awards at Aon’s discretion.
• Medical, dental, and vision insurance.
• Paid time off at the discretion of the employee and management in accordance with company policy and practices; this role does not accrue vacation.
• Various leaves of absence and paid sick leave as provided under state and local laws.
• Short-term disability and optional long-term disability.
• Health savings account and 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.
• Employee assistance program that includes free counseling sessions.
• Annual discretionary bonus eligibility through an annual incentive plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive