Job Title: Managing Director - Reinsurance
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like
Aon Fac, Inc. seeks a Managing Director - Reinsurance based out of headquarters in Chicago, Illinois to support insurance activities. Responsibilities include:
- Place facultative reinsurance for natural resources property risks.
- Analyze natural resources risks (Power, Construction, Onshore Energy, Renewables, and Property) for reinsurance services.
- Direct new facultative broking production.
- Evaluate reinsurance placements, structures, and pricing to develop facultative reinsurance solutions.
- Oversee all steps within the placement process, including internal management systems.
- Identify client and prospect needs and oversee the development of reinsurance solutions.
- Analyze global risks and produce submission documents and data on risks for prospective markets/underwriters.
- Establish relationships with reinsurance partners.
- Serve as a lead broker in the onshore power industry practice and facultative broking business.
- Advise on capital choices for reinsurance services that support and improve operational effectiveness.
- Develop new business sales and development plans for identified targeted prospects and existing clients.
- Recruit and train new and existing talent.
- May travel up to 25% of time to various and unanticipated worksites throughout the United States.
Annual salary: $220,000 - $320,000.
Job Location: 200 E. Randolph Street, Chicago, IL 60601
Skills and experience that will lead to success
Must have ten years of insurance experience. Must also have at least five years of experience in each of the following:
- Placing facultative reinsurance for natural resources property risks;
- Analyzing natural resources risks (Power, Construction, Onshore Energy, Renewables, and Property) for reinsurance services;
- Directing new facultative broking production;
- Evaluating reinsurance placements, structures, and pricing to develop facultative reinsurance solutions;
- Analyzing global risks and producing submission documents and data on risks for prospective markets/underwriters.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. 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 (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. People with criminal histories are encouraged to apply.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com
Salary range or hourly pay range for the position
The salary range for this position is $220,000 - $320,000 annually.
A summary of all the benefits offered for that 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, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, 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.
How to Apply
To apply, please send resume to aonresumes@aon.com and cite requisition number 00720, apply at jobs.aon.com, or click the apply button. This notice is subject to Aon Fac, Inc.'s employee referral program.
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