Reinsurance Senior Managing Director Facultative Casualty Broker

Reinsurance Senior Managing Director Facultative Casualty Broker

Location: Chicago, IL, United States

Employment Type: Full-Time

Posted on: May 02, 2023

Profile

Aon is looking for a Senior Managing Director, Facultative Reinsurance to join its industry-leading Casualty Team in Chicago or New York City! Do you enjoy building relationships with clients, markets, colleagues, and driving innovation? As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Reinsurance Solutions Line.

Your impact as a Senior Managing Director

Job Responsibilities:

1. Direct focus on new Facultative broking production - producing new business and developing sales and marketing strategy designed to cultivate revenue generation opportunities.
2. Uses key business parameters to evaluate department efficiency.
3. Viewed as a key client manager and reinsurer contact; receives high client satisfaction results by achieving clients’ reinsurance placement goals.
4. Grows existing accounts, seeks new account opportunities via a team environment that is capable of managing and servicing a significant book of business.
5. Achieves placement goals at or above set levels and drives team to do the same.
6. Ability to effectively and independently conduct relevant business discussions at the most senior level (CEO/CFO).
7. Builds and maintains effective working relationships with clients and reinsurers.
8. Establishes credibility with clients through day-to-day interactions.
9. Demonstrates problem solving techniques to best meet the clients’ needs; is recognized as a solution provider for complex client issues.
10. Sets realistic expectations and timelines with clients; then, able to produce results.
11. Ensures all placements are thoroughly reviewed and delivered to the client within the acceptable cycle time.
12. Works closely in collaboration with Aon Treaty and Aon Retail broking teams to focus efforts on the development of new business and building relationships with clients and prospects that align with Facultative business targets.
13. Maintains a thorough understanding and knowledge of all available Aon resources and solutions available, and matching those to client business requirements.
14. Adheres to Aon processes and procedures and all quality service requirements to deliver exceptional client value.
15. Recognized as a company leader; committed to continuous improvement and client relationship management.
16. Leads team of professionals or holds equivalent senior business responsibility.
17. Acts as a mentor to broking professionals and develops people to maximum potential.
18. Champions and promotes team approach to both internal and external business relationships.
19. Handles T&E expenses for self and team within corporate guidelines.
20. Commitment to pursuing self-development of knowledge and skills in evolving world of insurance, reinsurance and analytics.

You Bring Knowledge and Expertise:

1. A minimum of 15 - 20 years broking and/or underwriting commercial lines experience, with a focus on casualty insurance.
2. Produces over $2m of casualty facultative brokerage for the Team.
3. Bachelor’s degree.
4. CPCU or ARE designation or progression towards is preferred but not required.
5. Excellent knowledge and understanding of casualty insurance (previous experience in reinsurance is an asset).
6. Previous formal or informal experience in leading teams and/or direct reports.
7. Exceptional interpersonal skills with capability to interact with major clients to cultivate and maintain strong relationships at a most senior level.
8. Strong market presence within the broking industry.
9. Excellent communicator (both verbally and in writing) with internal and external clients.
10. Ambitious attitude with high level of accountability for profitability and client satisfaction.
11. Excellent organization and time management skills; able to multi-task and lead projects and direct reports.
12. Ability to drive team(s) to deliver the highest in client service, quality and results.
13. Excellent analytical skills with ability to make sound business decisions.
14. Known problem-solver who anticipates issues and suggests creative solutions.
15. Ability to adopt and inspire change in support of the business unit’s and company’s goals.
16. Working knowledge of MS Office suite of products with ability to learn and use multiple software and system-based applications.
17. Professional demeanor with positive attitude.

How we support our colleagues: 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.

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.

Pay Transparency Laws: The salary range for this position (intended for U.S. applicants) is [$250,000 to $300,000] 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.

#J-18808-Ljbffr