Aon

Managing Director , Reinsurance

Aon$200K — $250K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent required
  • Minimum of 10 years' experience in breaking and/or Healthcare/Managed Care
  • Extensive knowledge of reinsurance coverages
  • Exceptional interpersonal skills for client relationship management
  • Strong organization and time management skills
  • Ability to work independently with a self-starter attitude
  • Proficient in MS Office and multiple software applications

Responsibilities

  • Produce new business and develop sales strategies for Healthcare/Managed Care
  • Develop comprehensive sales and development plans for target clients
  • Support the Healthcare/Managed Care team to enhance growth
  • Collaborate with clients on risk, capital, and growth strategies
  • Improve and develop existing and new Healthcare products/services
  • Identify client needs and create innovative solutions
  • Achieve high client satisfaction through exceptional service

Benefits

  • 401(k) savings plan with employer contributions
  • Employee stock purchase plan
  • Medical, dental, and vision insurance
  • Paid time off at the discretion of employee and management
  • Short-term and optional long-term disability insurance
  • Adoption assistance and tuition assistance programs
  • Employee assistance program with free counseling sessions
Full Job Description
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 business. You will have the opportunity to make a significant impact through client advisory, strategic growth, and enhancement of Aon's expertise and product offerings.

What the day will look like
  • Leads regular client calls and meetings to discuss portfolio performance, treaty renewals, new products, financials, and ad-hoc requests.
  • Leads renewal strategy - reviewing actuarial and catastrophe modeling outputs, deciding what reinsurance structures might make sense, and which reinsurers to approach.
  • Works closely with and mentors supporting brokers as they prepare client deliverables.
  • Actively participates in the negotiations with reinsurers, deciding which reinsurers to approach and with what messaging. Coordinating Q&A from both reinsurers and clients.
  • Works closely in collaboration with broking teams across solution lines to focus efforts on the development of new business and building relationships with clients and prospects that align with business targets, with the understanding that volume of prospecting activity is essential
  • Maintains a thorough understanding and knowledge of all available Aon resources and solutions available, and 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 relationship
  • Ability to effectively and independently conduct relevant business discussions at the most senior level (CEO/CFO)
  • Adheres to Aon processes and procedures and all quality service requirements to deliver exceptional client value
  • Recognized as a company leader; committed to continuous improvement and client revenue generation and value creation

Skills and experience that will lead to success
  • Minimum of 10 years of related experience.
  • Exceptional interpersonal skills with capability to interact with major clients to cultivate and maintain strong relationships at a most senior level
  • Strong market presence within the broking industry
  • Excellent communicator (both verbally and in writing) with internal and external clients
  • Entrepreneurial attitude with high level of accountability for profitability and client satisfaction
  • Excellent organization and time management skills; able to multi-task and manage projects and direct reports
  • Ability to drive team(s) to deliver the highest in client service, quality and results
  • Excellent analytical skills with ability to make sound business decisions
  • Ability to work independently as a self-starter; committed to delivering the highest in client service, quality and results
  • Known problem-solver who anticipates issues and suggests creative solutions
  • Ability to embrace and drive change in support of the business unit's and company's goals
  • Working knowledge of MS Office suite of products with ability to learn and use multiple software and system-based applications
  • Professional demeanor with positive attitude

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.

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 and inclusive workplace where all colleagues feel empowered to be their authentic selves.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $200,000 to $250,000 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 in addition to base salary. The amount of any incentives 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.

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About Aon

Aon plc is a leading global professional services firm that provides a broad range of risk, retirement and health solutions. The company was founded in 1982 and is headquartered in London, England. Aon operates in more than 120 countries and has a team of over 50,000 employees. The company's services include risk management, insurance brokerage, reinsurance brokerage, human capital consulting, and retirement solutions. Aon is committed to helping clients manage risk and achieve their goals, and is known for its innovative solutions and industry expertise. The company is listed on the New York Stock Exchange under the ticker symbol AON.
Learn more about Aon
Size
50,000 employees
Market Cap
$62.1 billion
Industry
Net Income
$1.9 billion
5 Year Trend
+5.3%
Revenue
$11 billion
NASDAQ

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