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Full-time Director

at Aon in Illinois

Aon is a global leader in risk management, insurance and reinsurance brokerage, human capital and management consulting, and outsourcing with more than 46,000 employees in 500 offices in more than 120 countries. We integrate customized services, leverage expertise across industries and apply business knowledge to our clients' strategic goals.

Aon helps clients anticipate how change intersects with opportunity. Each of our clients has unique business needs, so we have developed expertise for a complete range of business processes, products and industries. Aon's account and relationship managers form a comprehensive perspective of our clients' organizations, matching our expertise to their business strategy.

Aon Re Services is the technical consulting arm of Aon Re, the world’s largest reinsurance intermediary. We are a multi-disciplinary team of professionals with expertise in actuarial science, accounting, tax, insurance/securities law, underwriting, catastrophe modeling and financial disciplines. We pride ourselves on our strength in product design and creativity.

We are fully involved in all aspects of the brokering process, namely origination (winning and growing clients), structuring (designing products to solve their risk management/financing problems) and execution (placing these products with re-insurers and investors).

Position Summary:
Responsible for the management of staff in Chicago, Minneapolis and branch offices. Oversee general quality of reinsurance contract wording.

Job Responsibilities
-Recruit, train, and supervise team staff
-Review expiring wording, including related correspondence, and approve reinsurance contracts and attending documentation, based on completeness, accuracy and consistency
-Assist brokers, clients, and markets in resolving issues related to contract wording
-Participate in marketing presentations to prospective and existing clients (as applicable).
-Contribute to maintenance of library of clauses
-Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance
-Review legal documents, including change of broker agreements (as needed)
-Develop curriculum, teach and evaluate students for the Contracts section of Aon Benfield’s Reinsurance Training program
-Perform other related duties as assigned

Primary Education/Skills Requirements
-Bachelor’s degree (BA/BS) from four-year college or equivalent experience. Law degree, Masters degree and/or other industry-related professional designation a plus
-Minimum of ten years experience in reinsurance contract wording, or equivalent experience in reinsurance industry, with proven knowledge of reinsurance and insurance practices
-Successful completion of Aon Benfield’s Reinsurance Training or equivalent reinsurance training
-High degree of competence in English language
-Excellent leadership skills
-Strategic and analytical-thinker.
-Detail-oriented
-Ability to travel

Aon offers: Competitive Compensation, Exceptional Benefits, Continuing Education & Training, A Unique Internal Advancement Program, and Tremendous Potential with A Growing Worldwide Organization.

How to apply: DO NOT use the Apply Online button. Please copy and paste the following link into your browser address bar: http://aon.contacthr.com/19774149


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Published on May 19, 2011
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