Health Reinsurance Actuarial Leader, Managed Care Analytics and Advisory

Aon plc; BLOOMINGTON (MN); Remote; USD 235,000 - 255,000; Full time

Benefits offered by this job

401(k) contributions

Annual incentive plan

Health insurance

Job summary

Aon plc in the United States seeks a Health Reinsurance Actuarial Leader, Managed Care Analytics and Advisory. You will lead a team delivering advanced analytics to shape risk strategies for health plans, providers, and employers, including stop loss and reinsurance strategies and CMS ACO programs.

This senior, client-facing role requires deep actuarial expertise, strategic advisory skills, and the ability to translate complex analyses into actionable recommendations for C-suite and senior

Qualifications

• 12+ years of health actuarial experience in leading firms or insurers.
• Deep US managed care expertise with value-based models.
• Leadership of complex actuarial projects involving value-based contracts and risk arrangements.
• Pricing, reserving, trend analysis and financial projections are familiar to you.
• Strong client leadership and advisory experience at executive level.

Responsibilities

• Lead client leadership and strategic advisory for US-based health plan and provider clients.
• Direct the design and review of models for value-based contracts and ACO arrangements.
• Oversee analyses of historical and prospective performance and scenario testing.
• Provide technical negotiation support with reinsurers and carriers.
• Develop standards, tools, and best practices for value-based care analytics.
• Lead and develop a team of junior actuaries and analysts.

Skills

Actuarial Leadership

Health Actuarial

Value-based care

Reinsurance

Client leadership

Analytics

Education

FSA preferred

BA/BS in quantitative field

Job description

Title: Health Reinsurance Actuarial Leader, Managed Care Analytics and Advisory

Location: Flexible - United States

About the Role

In this role, you will serve as a senior client-facing leader, blending deep health actuarial expertise, managed care knowledge, and strategic insight. You will lead a team of actuaries and analysts delivering advanced analytics that shape risk strategies in the healthcare industry, including provider risk arrangements, health insurer reinsurance strategies, and employer stop loss.

You will help clients understand the nature of the risk they face, how that risk shifts in different scenarios, and how to structure risk transfer and mitigation solutions that are aligned with their strategic, operational, and financial objectives. You will also oversee traditional stop loss and reinsurance placement analyses. This role carries significant responsibility for client leadership, team development, innovation, and business growth in the US market.

Key Responsibilities

Client Leadership & Strategic Advisory

• Serve as the lead actuarial and analytics advisor for a portfolio of US-based health plan and healthcare provider clients.
• Shape client risk strategies for commercial value-based care arrangements and CMS ACO programs, including upside/downside risk contracts, global budgets, and other alternative payment models.
• Translate complex actuarial and financial analyses into clear, concise, and actionable recommendations for C-suite and senior leadership audiences.
• Lead executive-level client meetings and presentations, representing Aon as a trusted advisor and thought leader in the managed care and value-based care space.

Value-Based Care & Risk Analytics

• Direct the design and review of models to project utilization, cost, and performance distributions under value-based contracts and ACO arrangements.
• Oversee analyses of historical and prospective performance, including scenario and sensitivity testing around contract parameters, population characteristics, and care management interventions.
• Quantify the financial impact of alternative program designs (e.g., shared savings vs. full risk, partial vs. full capitation, global budgets) and advise on contract structure selection.
• Integrate quality, utilization, cost, and operational inputs to support clients in making informed, data-driven strategic decisions.
• Lead the development of standardized frameworks, tools, and best practices for value-based care analytics across the practice.

Reinsurance Analytics

• Oversee health reinsurance and stop loss placement strategy
• Articulate cost-benefit tradeoffs of various risk transfer structures
• Develop innovative health risk solutions including emerging risks
• Provide technical negotiation support with reinsurers and carriers

Leadership, Talent Development & Technical Oversight

• Lead and develop a team of junior actuaries and analysts, providing coaching, feedback, and career development guidance.
• Set expectations and standards for actuarial rigor, documentation, and peer review, ensuring that all work meets Aon's quality and professional standards.
• Oversee multiple concurrent projects and workstreams, ensuring timely, high-quality delivery and a positive client experience.
• Encourage experimentation with new methods, data sources, and tools, while maintaining appropriate controls and governance.

Growth, Innovation & Business Development

• Play a key role in business development activities including pipeline management, go-to-market strategies, proposal development, and pitch meetings.
• Contribute to and help shape Aon's intellectual capital and solution portfolio in the managed care and value-based care domains, including participation in thought leadership, external speaking, and publishing as appropriate.

Required Skills and Qualifications

• 12+ years of progressive health actuarial experience at leading actuarial consulting firms, health insurers, provider-sponsored plans, or similar organizations.
• Deep expertise in the US managed care environment, including commercial and government programs, with substantial hands‑on experience in value-based payment models and/or ACO arrangements.
• Demonstrated leadership of complex actuarial projects involving value-based contracts, shared savings/shared risk arrangements, capitation, and/or global budgets.
• Strong experience with traditional health actuarial work, including pricing, reserving, trend analysis, and financial projections.
• Proven track record as a senior client leader, including responsibility for executive-level relationships and strategic advisory engagements.
• Pricing Strategies - Advanced; Process Improvements - Experienced; Profitability Analysis - Advanced; Reinsurance - Advanced; Report Writing - Advanced; Risk Analysis - Experienced; Risk Management - Experienced; Trend Analysis - Experienced; Actuarial Science - Advanced; Data Management - Experienced; Insurance - Advanced; Market Pricing - Experienced; Model Building - Adva

Education & Credentials

• FSA (Fellow of the Society of Actuaries) strongly preferred; experienced ASA with a particularly strong track record will be considered.
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.

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.

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.

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 $235,000-$255,000 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.

A summary of all the benefits offered for this position

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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