Health Solutions Stop Loss Specialist

Are you intellectually curious with a passion to solve problems? Do you enjoy a flexible and collaborative, team-based environment where you are always learning and growing? If yes, Aon is the company for you!

We are building our Health Solutions team with the best talent and will consider great to work virtually within the Continental United States.

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

As part of Aon's US Health Solutions team, you will help clients make better decisions about how to structure and finance their health plans. You will serve as a subject matter expert (SME) on stop loss coverage, partnering with colleagues across consulting, broking, actuarial, and analytics to deliver differentiated solutions.

The Stop Loss Specialist is an experienced individual contributor responsible for advising clients and internal collaborators. Their focus is stop loss strategy, placement, and ongoing management for self-funded medical programs. This role combines technical stop loss expertise, market insights, and strong client consulting skills to help employer clients handle catastrophic claim risk and achieve their financial objectives.

Client & Internal Consulting

• Serve as a stop loss subject matter expert for selffunded employer clients within US Health Solutions.
• Advise clients regarding stop loss program building, including specific and aggregate attachment points, lasers, contract types, and coverage provisions aligned to risk tolerance and financial goals.
• Participate in client meetings, renewal discussions, and strategy sessions; clearly translate technical and financial concepts into actionable recommendations.
• Collaborate closely with client relationship managers, actuaries, and broking colleagues to ensure loss limitation approach is coordinated with overall health and benefits strategy.

Underwriting, Marketing, and Placement Support

• Lead or support the marketing and placement of stop loss coverage with carriers and managing general underwriters (MGUs).
• Prepare RFPs, review and compare quotes, and support negotiations of pricing, terms, lasers, and conditions within delegated authority.
• Review and challenge carrier underwriting assumptions and results and escalate complex situations appropriately.
• Maintain effective working relationships with stop loss carriers, MGUs, and internal placement teams.

Analytics and Technical Work

• Analyze claims experience, large claimants, enrollment, and exposure data to recommend appropriate specific and aggregate levels and structures.
• Contribute to or review forecasting, pricing, and financial impact analyses to support renewals and new business.
• Ensure accuracy and consistency of analytical work, documentation, and client deliverables, following Aon standards, tools, and templates.

Risk Management and Claim Support

• Support ongoing monitoring of large claimants and highcost conditions from a stop loss perspective.
• Assist with interpretation of policy language related to stop loss and coordinate resolution of complex or brought-up claim reimbursement issues with carriers.
• Partner with clinical, care management, pharmacy, or other specialty teams where appropriate to integrate clinical insights into stop loss strategy.

Practice Development and Collaboration

• Act as an internal resource and goto SME on stop loss topics for colleagues across Aon.
• Mentor and provide guidance to junior analysts and consultants on stop loss concepts, quote review, contract interpretation, and clientready materials.
• Contribute to the improvement of tools, processes, knowledge content, and protocols related to stop loss within the US Health Solutions practice.

How this opportunity is different

This role offers the ability to:

• Work with a diverse portfolio of employer clients across industries and sizes.
• Apply deep technical stop loss expertise while remaining highly clientfacing.
• Collaborate with a broad crossfunctional team (consulting, broking, actuarial, analytics, clinical) within a global firm focused on innovation and datadriven solutions.

Skills and experience that will lead to success

• Several years of experience (typically 5-8+ years) in employee benefits, health underwriting, or stop loss with a broker/consulting firm, carrier, MGU, or TPA.
• Demonstrated knowledge of stop loss products, underwriting, and contract structures for selffunded medical plans.
• Strong analytical skills with experience working with claims, enrollment, and financial data; advanced proficiency in Excel.
• Proven track record to communicate complex concepts clearly to nontechnical audiences, both in writing and verbally.
• Strong organizational skills with the ability to lead multiple projects, deadlines, and stakeholders simultaneously.

Education and Professional Designations

• Bachelor's degree in business, finance, actuarial science, healthcare administration, or a related field; or equivalent work experience.
• Health and Life insurance license (or ability to obtain within required timeframe, if needed for the role).
• Professional designations (e.g., CEBS, RHU, actuarial exams, or similar) are a plus.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $113,000 to $151,000 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.

The salary range reflected is based on a primary work location of Chicago, IL. 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.

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. 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.

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.

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