Senior Managing Director, Reinsurance Solutions

Aon Service Corporation

Bloomington, MN

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JOB DETAILS

SALARY

$225,000–$325,000 Per Year

SKILLS

Actuarial Skills, Analysis Skills, Brokerage, Business Development, Communication Skills, Customer Relations, Customer Satisfaction, Customer Support/Service, Dental Insurance, Economics, Finance, Financial Analysis, Financial Reporting, Incentive Programs, Insurance, Insurance Regulations, Market Share, Marketing Strategy, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Negotiation Skills, People Management, Problem Solving Skills, Project/Program Management, Public Transport, Reinsurance, Resume Search, Revenue Growth, Revenue Management, Revenue Planning, Risk, Sales, Sales Prospecting, Sales Strategy, Stock Purchase Plans, Strategic Planning, Target Marketing, Team Lead/Manager, Underwriting, Vision Plan

LOCATION

Bloomington, MN

POSTED

13 days ago

### Job Duties 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. What the day will look like 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. Skills and experience that will lead to success 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. Background in placing reinsurance for captives and alternative risk transfer solutions preferred. Proficient in MS Excel, Word, and PowerPoint. Willingness to work beyond regular hours and travel domestically and abroad. How we support our colleagues In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well. 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 and inclusive 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 are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience. 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. Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Pay Transparency Laws: Thesalary range for this position (intended for U.S. applicants) is $225,000 to $325,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location. This position is eligible to participate in Aon's annual incentive plans in addition to base salary. The amount of any incentives varies and is subject to the terms and conditions of the applicable incentive plan. A summary of all the benefits offered for this 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. 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. #LI-CB1 #LI-Executive 2575725 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, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer. ### Minimum Education Required Bachelor Degree ### Minimum Experience Required 12 - 20 years ### Shift First (Day) ### Number of Openings 1 ### Public Transportation Accessible Yes ### Veterans Encouraged to Apply No ### Physical Required Yes ### Drug Test Required Yes ### Compensation $225,000.00 - $325,000.00 / Annually ### Postal Code 55437 ### Job Type Full Time ### Place of Work On-site ### Requisition ID 100235 ### Job Benefits Not specified

About the Company

Aon Service Corporation

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