Managing Director of Alternative Risk Transfer amp Innovation - clevelcrossing.com - Jobboard

Managing Director of Alternative Risk Transfer & Innovation

Employment Type: Full-Time

Posted on: May 11, 2023

Profile:

The Managing Director of Alternative Risk Transfer & Innovation is integral to the Strategic Solutions & Innovation Practice of building and scaling Aon's alternative risk capabilities by collaborating across the firm. To be successful, this individual will need creative problem-solving skills, outstanding technical broking competence, and strong communication skills to work closely with a wide variety of clients and Aon's Solutions to deliver growth.

Our smart working policy provides the flexibility to work from one of our offices in Chicago, New York, or San Francisco. Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich people's lives worldwide. As an organization, we are united through trust as one inclusive, diverse team passionate about helping our colleagues and clients succeed.

What will the day look like?

1. Collaborate with Commercial Risk clients and colleagues to develop new value-generating ideas and alternatives to traditional risk transfer approaches to facilitate client decision-making, help navigate volatility, and effectively match capital to risk.
2. Engage with account executives and brokers throughout the renewal process to uncover unique but significant challenges that warrant consideration of alternative solutions.
3. Collaborate with the team to develop and implement processes to improve client service and replicate growth.
4. Drive Commercial Risk priorities, including strategic solutions and innovation, thought leadership, and the adoption of risk analytics and related tools.
5. Lead Delivering Aon United processes through the contribution to RFP project responses.
6. Build an agenda with other Aon teams (e.g., Affinity and other groups passionate about innovation) to find opportunities to develop Aon-specific MGAs and similar aggregation vehicles and concepts.

Skills and experience that will lead to success:

1. Minimum of 10 years of broking, account management, or insurance experience.
2. Experience in parametric insurance, multi-year structured programs, multi-line risk transfer, captive aggregate stop loss solutions, or other innovative risk solutions.
3. Proven thought leadership and revenue growth success.
4. Strong analytical skills with the ability to provide insight and recommendations via creative solutions to complex problems.
5. Entrepreneurial approach and willingness to challenge status quo ideas.
6. Ability to navigate a complex matrix environment across various functional, business, and geographic leaders while motivating and encouraging others.

Education: Bachelor's degree or equivalent years of industry experience.

How we support our colleagues:

In addition to our comprehensive benefits package, we encourage a diverse workforce. All colleagues enjoy two Global Wellbeing Days each year, encouraging you 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!

Aon values an innovative, diverse workplace where all colleagues feel empowered to be authentic. Aon is proud to be an equal-opportunity workplace. Aon provides equal employment opportunities (EEO) 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. Aon is committed to a diverse workforce and is an affirmative-action employer.

Salary Range: The salary range for this position (intended for U.S. applicants) is $235K – 325K annually. The actual salary will vary based on the applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. 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.

Benefits: 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; medical, dental, and vision insurance; various types of leaves of absence; paid time off; short-term disability and optional long-term disability; health savings account; and an employee assistance program.