Ratings Advisory Director - Reinsurance Solutions

Aon’s Capital Advisory group is seeking to hire a Ratings Advisory Director – Aon Reinsurance Solutions.

We have an exciting opportunity for a Director in our Rating Agency Advisory team. Primary office locations include New York and New Jersey (Berkeley Heights). Remote workstyle is an option but depends on candidate qualifications.

About Aon Capital Advisory:

Aon’s Capital Advisory group combines expertise across various Aon disciplines, including Ratings Advisory, Corporate Finance, Investment Banking, Analytics and Reinsurance and Capital Solutions. The goal of the Capital Advisory group is to provide objective and tailored holistic advice on the capital supporting clients’ business and how it can be optimized and be most efficiently utilized. The Rating Agency Advisory team provides customized support to clients for all their rating agency needs, including capital modeling, profitability analysis, peer benchmarking, and strategic positioning for the most optimal rating outcome.

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

The role is client-facing and the colleague will interact with internal Aon Reinsurance client account teams as well as clients directly. The role will be focused on Strategic Rating Advisory and Analytics, where the colleague will be responsible for advising reinsurance clients through credit rating agency criteria, guidance, and the rating process, and making recommendations on capital management strategies for the most optimal rating outcome. Primary responsibilities include leading client relationships, applying credit rating agency criteria, advocating for clients’ credit rating objectives, and evaluating the impact of reinsurance and other capital solutions on a client’s financial statements and credit rating. Colleague will be expected to work alongside other

Capital Advisory functions, at times, such as Corporate Finance (M&A Advisory) and ReSolutions (Structured Reinsurance), with the goal of growing client relationships.

The individual will work in a team environment on a variety of tasks, including:

• Lead Client Relationships – lead account management strategy with respect to rating advisory for a portfolio of reinsurance clients, and extensive interaction with both reinsurance brokers and clients
• Rating Agency Capital Modeling and Analysis – provide analytics and rating advisory using rating agency capital models and company’s financial statements and forecasts
• Synthesize Information and Make Recommendations – research and analyze financial data, client planning and strategy, and client versus peer financials through the lens of rating agency criteria; proactively identifying alternative ideas and solutions to meet client goals
• Rating Agency and Board-level objectives – develop presentations and recommendations by applying knowledge of rating agency methodologies
• Industry Research – track (re)insurance industry trends and translate that information into insights that aid client recommendations
• Special Projects – lead special projects to further Aon’s market presence
• Work Across Capital Advisory Teams –collaborate with other capital advisory functions, including structured reinsurance solutions, corporate finance/investment banking, and capital markets transactions (e.g., ILS)
• People Development – mentor analysts, review work product at appropriate checkpoints to ensure accuracy and completeness

Skills and experience that will lead to success

• 7+ years of insurance industry experience
• Knowledge of rating agency credit analysis
• Ability to analyze insurance company financial statements
• Proficient user of Microsoft Excel and Power Point
• Experience with industry databases (S&P Global Market Intelligence/SNL and/or BestLink) are a plus
• Knowledge of insurance STAT and GAAP accounting concepts
• Bachelor’s Degree ideally in Accounting, Finance, Mathematics, Economics, or related major
• Strong analytical, problem-solving, and project management skills
• Excellent written and verbal communication skills
• CFA or CPA designation or working toward is a plus
• Prior rating agency experience is a plus
• Experience with data analysis and research concepts
• Experience with rating agency and regulatory capital models is a plus
• Focused, with strong organizational abilities and attention to detail
• Good interpersonal skills, client management and communication capabilities
• Excellent presentation skills with ability to synthesize content from multiple sources
• Ability to perform under time pressures
• Self-directed with experience managing multiple, concurrent projects
• Ability to work collaboratively in a cross-functional environment

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. 

The salary range for this position (intended for U.S. applicants) is $190,000 to $210,000 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 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.

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.

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