Aon

Senior Managing Director - Reinsurance

Aon$180K — $220K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 12 years related experience in (re)insurance including underwriting, product development, and regional strategy.
  • Exceptional interpersonal skills for major client interactions.
  • Excellent verbal and written communication abilities with clients and teammates.
  • Entrepreneurial mindset with accountability for profitability.
  • Strong organizational skills with multitasking capability and project direction.
  • Proven analytical skills for making informed business decisions.
  • Known problem-solver with creative solutions to anticipated issues.

Responsibilities

  • Lead the strategic development of the reinsurance pipeline management.
  • Develop competitive strategies to leverage market opportunities using pipeline insights.
  • Create and implement best practices for bespoke prospecting strategies.
  • Collaborate to ensure effective internal and external communication of new offerings.
  • Identify growth opportunities with other Reinsurance Client Segment leaders.
  • Provide strategic oversight for US reinsurance regional RFP tracking.
  • Engage in senior-level business discussions and client interactions.

Benefits

  • 401(k) savings plan with employer contributions.
  • Employee stock purchase plan with long-term incentive awards potential.
  • Medical, dental, and vision insurance coverage.
  • Flexible paid time off policy at employee's discretion.
  • Short-term disability and optional long-term disability insurance.
  • Health savings and reimbursement accounts for healthcare expenses.
  • Tuition assistance and adoption assistance available.
Full Job Description
Senior Managing Director, Reinsurance

As part of an industry-leading team, you will help clients make better decisions by delivering innovative and effective solutions as part of Aon's Reinsurance Solutions. You will have the chance to create a significant impact through revenue contribution, strategic growth of a client segment and enhancement of Aon's expertise and product offerings.

Your impact as a Senior Managing Director, Reinsurance
  • Lead the development plan for enhanced reinsurance pipeline management, collaborating with Office Leaders to monitor and drive the completion/maintenance of our US Regional reinsurance pipeline through oversight of the broader group of origination brokers.
  • Utilizing the pipeline to develop competitive business strategies to react and capitalize on market opportunities.
  • Create and drive standard methodologies across origination brokers for the development and execution of bespoke prospecting strategies, including running the feedback loop from prospecting efforts to ensure the continued development of the tools and capabilities needed to cultivate growth
  • Develop and contribute to content that shares new offering plans with vital teams internally (Aon Leadership, Analytics, Product Leaders, and Client Segment Leaders) as well as through external content to ensure broad application of invested assets and partnerships that continue to evolve Aon's value proposition to our Regional reinsurance clients and prospects.
  • Collaborate with other Reinsurance Client Segment leaders to identify alignments and opportunities to further scale and align innovation and investment strategies.
  • Oversee and run on-going RFP (Request for Proposal) tracking in the US reinsurance regional client segment, providing strategic leadership to position and differentiate Aon's unique value proposition.
  • Ability to effectively and independently conduct relevant business discussions at the most senior level (CEO/CFO)
  • Gain experience in reinsurance brokerage through being a team member of a US Regional account team (approx. 20% of time)
  • 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
  • Champions and promotes team approach to both internal and external business relationships
  • Manages T&E expenses within corporate guidelines
  • Commitment to pursuing self-development of knowledge and skills in evolving world of insurance, reinsurance, and analytics
  • Builds and maintains effective working relationships with colleagues, clients, and reinsurers

Skills and experience that will lead to success
  • Minimum 12 years related experience in (re)insurance, including underwriting, product development, and strategy development experience in the US Regional insurance market
  • Exceptional interpersonal skills with capability to interact with major clients
  • Excellent communicator (both verbally and in writing) with internal and external clients
  • Entrepreneurial attitude with high level of accountability for profitability
  • Excellent organization and time management skills; able to multi-task and run 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
  • Known problem-solver who anticipates issues and suggests creative solutions
  • Ability to adopt and inspire change in support of the business unit's and company's goals
  • Solid understanding of MS Office suite of products with ability to learn and use multiple software and system-based applications
  • Professional demeanor with positive attitude


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.

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.

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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