Director of Alternative Risk Transfer

Are you a creative, innovative, out of the box thinker?

Do you have an entrepreneurial approach and a willingness to challenge the status quo?

Our Alternative Risk Transfer team, might be right for you!

This is a hybrid remote role in our New York, NY office, will consider candidates in the U.S. near an Aon office as well.

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.

The leader will be responsible for driving execution of the Alternative Risk Transfer strategic initiatives, which will include some combination of the following:

• Support the marketing, execution, and ongoing client service related to Alternative Risk Transfer (ART) transactions.
• Engage as part of the team to develop and implement processes to enhance client service and replicate growth.
• Collaborate with Commercial Risk clients and Aon colleagues to develop new value-generating ideas and alternatives to traditional risk transfer approaches, intended to facilitate client decision making, help navigate volatility, and effectively match capital to risk.
• Work with account executives and brokers throughout the renewal process to uncover unique but significant challenges that warrant consideration of an alternative risk transfer solutions.
• In partnership with insurers, other capital providers and Aon colleagues, collaborate on Alternative Risk Transfer solution development, and develop strategies to incubate and bring the solutions to clients.
• Help drive the execution of Commercial Risk priorities including strategic solutions and innovation, thought leadership, and the adoption of risk analytics and related tools.
• Assists product innovation, the development of purposeful solutions, and the coordination of strategic risk consulting recommendations.
• Leads Delivering Aon United processes through the contribution to large RFP project responses.
• Supports an innovation agenda with other Aon teams (e.g. Affinity and other teams focused on innovation) to find opportunities to develop Aon-specific MGA's and similar aggregation vehicles and concepts.

Alternative risk transfer (ART) solutions play an increasingly important role in corporate risk strategies. As organizations face increased complexity driven by evolving and interconnected risks, alternative risk transfer solutions can be a creative way to approach risk finance and risk transfer.

Alternative risk transfer solutions is a term used to describe the different methods that organizations can use to manage retained risks or transfer risk off their balance sheets. These solutions include captive insurance, multi-year structured solutions, parametric insurance, catastrophe bonds, and insurance-linked securities. This individual will need leading creative problem-solving skills, technical broking competence, and strong communication and organizational skills to work closely with a wide variety of clients and Aon partners to deliver growth of innovative alternative risk solutions.

• 5+ years of broking, account management, insurance experience or other transferrable experience; preferably within property and casualty.
• Interest in alternative risk transfer solutions such parametric insurance, multi-year structured programs, multi-line risk transfer, and/or captive aggregate stop loss solutions, or other innovative risk capital solutions
• Proven thought leadership and comfort with developing technology tools to assist ART team workflows.
• Strong analytical skills with ability to provide insight and recommendations via creative solutions to complex problems.
• Entrepreneurial approach and willingness to challenge status quo ideas.
• Ability to work in a complex matrix environment across various functional, business, and geographic leaders while motivating and inspiring others.

Education: Bachelor's degree or equivalent experience in Business or related field required.

How we support our colleagues

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.

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, 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 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 welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com

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.

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 $150,000 - $190,000 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.

OPTIONAL ADDITIONAL LANGUAGE: The salary range reflected is based on a primary work location of New York, NY. The actual salary may vary for applicants in a different geographic location.

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. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

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