North America Health Chief Actuary

North America Health Chief Actuary

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 NA Health Chief Actuary sets the strategic direction for actuarial and financial services across U.S. Health and partners closely with Health leadership to advance business objectives and support profitable growth.   The Chief Actuary serves as one of Aon’s senior authorities on healthcare financial trends, regulatory developments, and industry dynamics, providing thought leadership internally and externally while ensuring actuarial insights are translated into commercially relevant solutions for clients. The role also drives change aligned to the Target Operating Model (TOM). 

• People & Talent
  • Embed commercial discipline in talent and resource decisions, ensuring the team’s capabilities and capacity support revenue growth, client retention, and margin objectives. 
  • Ensure staffing model aligns with client needs and profitability objectives, in partnership 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 Actuarial and Financial team, fostering a high-performing culture grounded in accountability, collaboration, and continuous development. 
  • Ensure risk mitigation through peer review, actuarial credentialing, best practices, 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 oversee actuarial and financial strategy supporting client healthcare, financial, and broking decision‑making.  
  • Lead or oversee complex actuarial and financial consulting engagements at scale, including large employers, insurers, and high‑risk client situations.  
  • Partner with client leaders to identify opportunities where actuarial and financial insights can strengthen client relationships, expand solutions, and contribute to profitable growth. 
  • In partnership with Analytics, shape and govern tools and models required to deliver market leading actuarial and financial consulting services. 

• Innovation and Product/Solution Development 

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

• 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. 

Competencies:

• Strategic Thinking 
• Financial Acumen 
• Commercial Governance 
• Commercial Orientation 
• Leadership and Team Development 
• Communication and Influence 
• Risk Management 

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.

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