Aon
US Reinsurance Associate Director (Facultative Property)
Aon, Chicago, Illinois, United States, 60290
US Reinsurance Associate Director (Facultative Property)This is a hybrid role with the flexibility to work both virtually and from our Bloomington, MN or Chicago, IL officesAon is in the business of better decisionsAt 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, diverse team, and we are passionate about helping our colleagues and clients succeed.What the day will look likeAon is a leading global professional services firm providing a broad range of Health, Wealth, and Career solutions. Our 50,000 colleagues in 120 countries empower results to advise clients using proprietary data and analytics to deliver insights that improve performance and governance.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. Is willing to participate in helping in the development of sales and marketing strategy designed to cultivate revenue generation opportunities
JOB RESPONSIBILITIES:Identifies specific client and prospect needs and develops innovative and cost-effective solutionsMaintains a thorough understanding and knowledge of all available Aon resources and solutions available, and matching those to client business requirementsAchieves high client satisfaction by providing exceptional serviceFosters and promotes a team approach to both internal and external business relationshipsHas a direct focus on broking alternative / structured reinsurance solutionsDevelops comprehensive relationships with key structured markets and is always knowledgeable about current risk appetite and market dynamicHas a direct focus on broking alternative / structured reinsurance solutionsIs willing to participate in helping in the development of sales and marketing strategy designed to cultivate revenue generation opportunitiesDevelops comprehensive relationships with key structured markets and is always knowledgeable about current risk appetite and market dynamicWorks 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 coversSkills and experience that will lead to success
5+ years broking and/or underwriting commercial lines experience, with afocus on property and casualty insurance lines5+ years in a technical / analytical role, for example, prior work as an actuary, catastrophe modeling or capital modelingCPCU or ARe is advantageous, but not requiredExcellent knowledge and understanding of reinsuranceExceptional interpersonal skills with capability to interact with major clients to cultivate and maintain strong relationshipsExcellent communicator (both verbally and in writing) with internal and external clientsAbility to work independently as a self-starter; committed to delivering the highest in client service, quality and resultsThe ability to embrace change in support of the business unit's and company's goalsProficient, if not expert knowledge and skills with Microsoft ExcelWorking knowledge of MS Office suite of products with ability to learn and use multiple software and system-based applicationsAbility to travel
Education :
Bachelor's degree in Business, Risk Management, a related field or equivalent years of industry experience.How we support our colleaguesAon 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.In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.comFor 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 $100,000 to $150,000 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.#LI-AR1#LI-HYBRID2550956
JOB RESPONSIBILITIES:Identifies specific client and prospect needs and develops innovative and cost-effective solutionsMaintains a thorough understanding and knowledge of all available Aon resources and solutions available, and matching those to client business requirementsAchieves high client satisfaction by providing exceptional serviceFosters and promotes a team approach to both internal and external business relationshipsHas a direct focus on broking alternative / structured reinsurance solutionsDevelops comprehensive relationships with key structured markets and is always knowledgeable about current risk appetite and market dynamicHas a direct focus on broking alternative / structured reinsurance solutionsIs willing to participate in helping in the development of sales and marketing strategy designed to cultivate revenue generation opportunitiesDevelops comprehensive relationships with key structured markets and is always knowledgeable about current risk appetite and market dynamicWorks 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 coversSkills and experience that will lead to success
5+ years broking and/or underwriting commercial lines experience, with afocus on property and casualty insurance lines5+ years in a technical / analytical role, for example, prior work as an actuary, catastrophe modeling or capital modelingCPCU or ARe is advantageous, but not requiredExcellent knowledge and understanding of reinsuranceExceptional interpersonal skills with capability to interact with major clients to cultivate and maintain strong relationshipsExcellent communicator (both verbally and in writing) with internal and external clientsAbility to work independently as a self-starter; committed to delivering the highest in client service, quality and resultsThe ability to embrace change in support of the business unit's and company's goalsProficient, if not expert knowledge and skills with Microsoft ExcelWorking knowledge of MS Office suite of products with ability to learn and use multiple software and system-based applicationsAbility to travel
Education :
Bachelor's degree in Business, Risk Management, a related field or equivalent years of industry experience.How we support our colleaguesAon 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.In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.comFor 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 $100,000 to $150,000 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.#LI-AR1#LI-HYBRID2550956