Aon is looking for a Managing Director in our investment bank, Aon Securities. This role will be responsible for leading transaction origination, structuring, due diligence, and execution. Close collaboration with all members of the Aon Securities team, as well as with other key constituencies within Aon's reinsurance business will be key.
This individual should have proven origination and transactions execution experience, with a broad array of financing for insurance and reinsurance company clients. They will have accomplished and completed numerous transactions, with an emphasis on insurance-linked securities for domestic and international insurance/reinsurance company issuers. This role requires a track record of success in originating, structuring, negotiating, and completing transactions. This individual will serve as a trusted advisor to sophisticated insurance and reinsurance clients with respect to alternative capital and insurance-linked securities.
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 team and we are passionate about helping our colleagues and clients succeed.
What the day will look like
- Determine short and long-term business strategy with other team members as it relates to the firm's core product offerings, and the appropriate resource levels for the team
- Build and maintain strong commercial relationships with clients and prospective clients
- Market and execute a variety of investment banking and capital raising transactions
- Contribute to the research and innovation related to transferring risks and new structural solutions
- Strengthen the company’s brand
- Drive global connectivity and teamwork between Aon Securities and other business units across Aon
Skills and experience that will lead to success
- Significant years-long experience within the insurance and reinsurance sector. Expertise in sourcing, crafting, and carrying out various structured finance and advisory transactions. Focus on insurance-linked securities.
- Commercial Orientation:
- Conceives and delivers business development initiatives with existing and prospective insurers, reinsurers, and corporate clients, covering all types of insurance-linked securities products
- Develop short-term and long-term strategies that anticipate shifts in ILS investor capacity, pricing, and sponsor demand
- Key Leadership Dimensions:
- Leading and Coaching People– Assembles and develops high performing teams; influences desired outcomes by understanding and communicating vision and expected outcomes; provides training and mentorship to help colleagues improve their skills and knowledge;
- Applied Critical Thinking – Anticipates and reacts to business goals and opportunities strategically and creatively; takes a leading role in developing and sponsoring new ILS structures, perils, and risk transfer solutions;
- Acts with Integrity – Integrates the Aon values of integrity, trust, character, pride and ethics into all aspects of work; demonstrates a high level of consistency between words and actions across all business situations; accepts ultimate responsibility for results; always advocates for the best interests of clients, employees and shareholders;
- Commitment to Success – Networks within Aon’s reinsurance business and across the ILS marketplace, including investors, modeling firms, rating agencies, and legal counsel, to develop professional relationships; demonstrates unwavering dedication to high performance in the process of account management; sets a personal standard of high quality and integrity for self and others
- Excellent communication and leadership skills, including making pitches to ILS investors, rating agencies, and client senior management
- Consistent track record originating, structuring, and executing ILS transactions
- Strong understanding of catastrophe risk modeling, trigger types (indemnity, industry index, parametric), and ILS transaction documentation
- Established relationships with ILS investors
- Ability to build and maintain relationships with sophisticated insurance and reinsurance clients
- Familiarity with ILS regulatory and domicile frameworks (e.g., Bermuda, Cayman, Ireland, Singapore, and Lloyd’s/UK ISPV structures)
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:
The salary range for this position (intended for U.S. applicants) is $300,000 to $375,000 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 incentive 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.
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