Senior Managing Director, Casualty Reinsurance Solutions

Aon Corporation • Philadelphia, PA

19h

About The Position

As part of our industry-leading team, you will help empower results in driving client success by delivering innovative and effective solutions as part of our Casualty Reinsurance Solutions business. Your focus will be on client servicing, reinsurance placement, and generating new business opportunities. You will also help lead the development of targeted sales and marketing strategies to enhance revenue growth in the Casualty product sector.
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.

Requirements

• Bachelor’s degree in business studies, Finance, Economics, or Insurance Law preferred
• At least 12 years of related experience in placing property-casualty Treaty Reinsurance programs as a broker or underwriter
• Deep expertise of the global reinsurance market including coverage, placement structures, markets and rating structures of insurance and reinsurance companies
• Previous formal or informal experience in managing direct reports.
• Ability to analyze financial and actuarial reports.
• Familiarity with catastrophe modeling and using insights to effectively communicate our valued solutions.
• Excellent negotiation and sales skills.
• Experience global markets including London, the US, and Europe.
• Proficient in MS Excel, Word, and PowerPoint.
• Willingness to work beyond regular hours and travel domestically and abroad.

Nice To Haves

• Background in placing reinsurance for captives and alternative risk transfer solutions preferred.

Responsibilities

• Acts as the executive liaison for medium to large client transactions
• Leads negotiations and placements for reinsurance casualty treaties in the US and global markets.
• Stays informed about market dynamics and risk conditions, using industry expertise to analyze reports and develop innovative strategies for complex client challenges.
• Communicates Aon’s Casualty reinsurance solutions value effectively to drive revenue growth.
• Cultivates strong partnerships with (re)insurers and clients, utilizing specialists to deliver tailored Casualty solutions. Coordinates internal resources for optimal client outcomes.
• Prospects for new clients, designs customized programs, and oversees placements with approved reinsurers.
• May participate in strategic planning, setting targeted pipeline and revenue targets management team.
• Oversees responses to client queries and concerns, ensuring issues are resolved completely and promptly.
• May review and guide the Client on the terms and conditions required to be executed by clients to support all Casualty transactions.
• Develops comprehensive new business sales and development plans for identified targeted prospects and existing 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.
• Identifies specific client and prospect needs and develops innovative and cost-effective solutions.
• 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.

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; 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees