Associate Director - US Reinsurance Broking
This is a hybrid role with the flexibility to work both virtually and from our Chicago office.
About the role
Aon shapes decisions for the better to protect and enrich the lives of people around the world. As part of the Broker team, you will work closely in collaboration with broking teams across solution lines to focus efforts on the development of structured reinsurance solutions, including loss portfolio transfers and/or adverse development covers.
Responsibilities
- Identifies specific client and prospect needs and develops innovative and cost-effective solutions
- Maintains a thorough understanding and knowledge of all available Aon resources and solutions, matching those to client business requirements
- Achieves high client satisfaction by providing exceptional service
- Fosters and promotes a team approach to both internal and external business relationships
- Has a direct focus on broking alternative/structured reinsurance solutions
- Develops comprehensive relationships with key structured markets and stays knowledgeable about current risk appetite and market dynamics
- Participates in the development of sales and marketing strategy designed to cultivate revenue generation opportunities
- Works closely in collaboration with broking teams across solution lines to develop structured reinsurance solutions, including loss portfolio transfers and/or adverse development covers
Requirements
- A minimum of 5 years broking and/or underwriting commercial lines experience, with a focus on property and casualty insurance lines
- A minimum of 5 years in a technical/analytical role, for example, prior work as an actuary, catastrophe modeling, or capital modeling
- Excellent knowledge and understanding of reinsurance
- Exceptional interpersonal skills with the capability to interact with major clients to cultivate and maintain strong relationships
- Excellent communication skills (both verbally and in writing) with internal and external clients
- Entrepreneurial attitude with keen negotiation, business acumen, and problem-solving skills
- Strong organization and time management skills, able to multitask and manage projects
- Ability to work independently as a self-starter; committed to delivering the highest in client service, quality, and results
- The ability to embrace change in support of the business unit’s and company’s goals
- Proficient, if not expert, knowledge and skills with Microsoft Excel or like applications (e.g., programming in R or Python)
- Working knowledge of the MS Office suite of products with the ability to learn and use multiple software and system-based applications
- Professional demeanor with a positive attitude
- Ability to travel
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
- Various types of leaves of absence, including 12 paid holidays, 15 days of paid vacation per year, and paid sick leave as provided under state and local 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
- Employee assistance program that includes free counseling sessions
- Two “Global Wellbeing Days” each year
- Agile work environment with flexible working style solutions
- Continuous learning culture to help colleagues achieve their fullest potential
Pay
The salary range for this position (intended for U.S. applicants) is $90,000 to $110,000 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.