Managing Director, Commercial Risk, Professional Services Practice jobs in United States
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Aon · 2 weeks ago

Managing Director, Commercial Risk, Professional Services Practice

Aon is in the business of better decisions, and they are seeking a Managing Director for their Commercial Risk in the Professional Services Practice. This role involves leading client fulfillment activities, managing a team, and delivering risk financing consulting and transactional insurance services to complex professional service firms.

ConsultingProfessional ServicesRisk Management
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H1B Sponsor Likelynote

Responsibilities

Identify, Strategize and Succeed in delivering Growth Opportunities
Lead/manage a team of specialty lines professionals
Coordinate actuarial, captive, and other consulting services
Senior specialty (professional liability, cyber liability, employment practices liability, management/directors & officers’ liability) product line responsibility for all assigned clients including all communications, market interaction and related work product
Maintenance of senior level underwriting relationships; oversight of all product line marketing and market relationships for team
Oversee negotiations with underwriters on difficult and/or sophisticated renewals/new business opportunities. Negotiate best possible price and capacity using knowledge, expertise, and market presence for desired cover
Prepare and negotiate fee-based pricing of services, ensuring account profitability in a value-based approach for the scope of service and costs associated with the client service agreement
Penetration of all product line offerings. Able to understand the client, industry and risks and match them with Aon solutions
Possess strong influence across the Aon organization to align resources to best serve the client needs. Solve client’s most complex risk management challenges
Accountable for the development of new and existing business. Deliver global service through network relationships, where applicable, including local Aon offices/producer network
Develop new client opportunities for Aon in the accounting, consulting and other professional service firm arena
Analyze the range of risk financing programs commercially available. Perform coverage comparisons with brokers across all major lines of business
Secure existing business and drive the sale of additional services and coverages across solution lines. Work at a strategic level to cultivate relationships with the client
Identify and generate new and penetration business opportunities across all solution lines. Collaborate with Producers on new business opportunities
Demonstrate a thorough understanding of Aon's resources and capabilities. Leverage the Aon network to achieve client risk objectives. Conduct periodic needs assessment of client's business objectives and coordinate Aon resources to execute solutions
Remain current on all relevant industry data and introduce innovative ideas to help clients contemplate risk management with new perspective
Frequent International travel required

Qualification

Specialty lines insuranceClient managementAnalytical skillsProject managementRevenue generationCommunication skillsInterpersonal skillsCoaching skillsResults oriented

Required

Proven high revenue generating track record
Excellent communication and presentation skills
Strong technical insurance knowledge in specialty lines insurance
Strong client management relationship skills
Strong project management skills
Strong analytical and problem-solving skills
Strong interpersonal skills
Ability to manage, motivate and coach direct reports
Results oriented
Bachelor's degree required
Minimum 15 years specialty insurance experience
Will consider candidates with insurance and reinsurance broking, underwriting, actuarial, captive, or commercial insurance/reinsurance company and claims experience - preferably in professional, financial or management liability lines
Corporate risk management experience, especially in a professional services firm environment will also be considered

Preferred

Actuarial or CFA designations will be considered
MBA or other graduate degree a plus
Insurance licensing as required but not necessary to be considered

Benefits

401(k) savings plan with employer contributions
Employee stock purchase plan
Consideration for long-term incentive awards at Aon’s discretion
Medical, dental and vision insurance
Paid time off at the discretion of the employee and management
Paid sick leave as provided under state and local paid sick leave laws
Short-term disability
Optional long-term disability
Health savings account
Health care and dependent care reimbursement accounts
Employee and dependent life insurance
Supplemental life and AD&D insurance
Optional personal insurance policies
Adoption assistance
Tuition assistance
Commuter benefits
Employee assistance program that includes free counseling sessions

Company

Aon is a global provider of risk management, insurance and reinsurance brokerage, human resources solutions, and outsourcing services.

H1B Sponsorship

Aon has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (9)
2024 (19)
2023 (13)
2022 (1)
2021 (21)
2020 (6)

Funding

Current Stage
Public Company
Total Funding
$1.94B
Key Investors
Citibank NABerkshire Hathaway
2023-10-24Post Ipo Debt· $1B
2021-05-17Post Ipo Equity· $942.6M
1987-01-01IPO

Leadership Team

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Alejandro Galizia
CEO Latin America, AON
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Andy Marcell
CEO Global Solutions
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Company data provided by crunchbase