Managing Director of Alternative Risk Transfer

at  Aon Corporation

Posting Description:
Aon has an opportunity for a Managing Director to join our Alternative Risk Transfer Team based in Chicago, or New York City
In this role you will drive key broking strategies, with specific focus on Alternative Risk Transfer & Innovation. You will partner with producers, account executives, broking leaders, office leaders, and carrier executives. You will be an integral part of the Strategic Solutions & Innovation Practice actively building out and scaling Aon capabilities in collaboration with various groups across the firm. This role will also engage with insurance companies and other capital providers to bring innovative alternative risk transfer solutions to market.

SKILLS AND EXPERIENCE THAT WILL LEAD TO SUCCESS

• Bachelor’s degree in business or related field required.
• Minimum of 10 years of broking, account management, insurance experience or other transferrable experience.
• Interest in alternative risk transfer solutions such parametric insurance, multi-year structured programs, multi-line risk transfer, captive aggregate stop loss solutions, or other innovative risk capital solutions
• Proven thought leadership and comfort with developing technology tools to assist ART team workflows.
• Strong analytical skills with ability to provide insight and recommendations via creative solutions to sophisticated problems.
• Entrepreneurial attitude and willingness to challenge status quo ideas.
• Ability to work in a sophisticated matrix environment across various functional, business, and geographic leaders while motivating and inspiring others.

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. 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.com
For 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.

• Lead the marketing, execution, and ongoing client service related to Alternative Risk Transfer (ART) transactions.
• Engage as part of the team to develop and implement processes to improve client service and replicate growth.
• Collaborate with Commercial Risk clients and Aon colleagues to develop new value-generating ideas and alternatives to traditional risk transfer approaches, intended to facilitate client decision making, help navigate volatility, and optimally match capital to risk.
• Work with account executives and brokers throughout the renewal process to uncover unique but significant challenges that warrant consideration of an alternative risk transfer solutions.
• In partnership with insurers, other capital providers and Aon colleagues, collaborate on Alternative Risk Transfer solution development, and develop strategies to incubate and bring the solutions to clients.
• Help drive the execution of Commercial Risk priorities including strategic solutions and innovation, thought leadership, and the adoption of risk analytics and related tools.
• Assists product innovation, the development of purposeful solutions, and the coordination of strategic risk consulting recommendations.
• Leads Delivering Aon United processes through the contribution to large RFP project responses.
• Owns an innovation agenda and collaborates with other Aon teams to find opportunities to develop Aon-specific MGA’s and similar aggregation vehicles and concepts