Managing Director Aon M&A and Transaction Solutions - Risk Due Diligence - Aon Corporation
New York, NY 10006
About the Job
Aon Is looking for a Managing Director, Risk & Insurance Due Diligence in the New York region of Aon’s M&A and Transaction Advisory Solutions practice.
We currently have an exciting career opportunity for an experienced P&C professional within our Transaction Advisory Services team. This role will be part of a global team delivering M&A services to Private Equity and Corporate clients. As a risk & insurance due diligence consultant, you will work closely with the New York diligence team and report into the Co-Head M&A Transaction Solutions, North America.
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
Job Responsibilities:
- Lead due diligence projects of varying complexity.
- Communicate internally with brokers, coverage / exposure experts, producers, client service team and M&A team members and collaborate to develop findings and solutions.
- Communicate externally on daily basis as trusted advisor with private equity firms, target companies or their representatives.
- Execute and deliver to clients accurate and professional due diligence reports.
- Analyze and provide technical input on insurance coverage, claims history, insurance-related collateral, insurance-related financial expense, surety bonds and insurance sections of the draft purchase agreement.
- Identify transaction issues and work with clients’ other third-party advisors to develop resolution.
- Collaborate with producers to build and maintain relationships with ongoing clients and convert due diligence targets to ongoing clients.
- With proven credibility, be a mentor and thought leader within the M&A practice.
- Communicate and capture the value that Aon brings even to the most challenging situations.
- Prepare spreadsheets and analyze data.
- Prepare proposals and make presentations to clients and prospects.
- Provide mentorship and guidance to junior level due diligence team members.
- Some travel required.
Skills and experience that will lead to success
Required Skills & Experience:
- Property and Casualty insurance technical proficiency. Broad knowledge of specialty insurance including property, casualty, cyber, E&O, financial lines, environmental, group captives and other.
- Financial – basic understanding of financial statements, accounting.
- Project management – coordinate activities and information flow from a group of people within specified time frame.
- Strategic and analytical skills – attention to detail but able to draw conclusions.
- Strong communication skills (written and oral) – ability to communicate well and at the appropriate level with a wide range of people.
- Ability to perform under stress / tight time frames.
- Ability to develop relationships / build confidence of others (both internally and externally) based upon work performed.
- Ability to work on multiple projects at one time.
- Results oriented.
- Proficiency with Word, Excel, Power Point.
- Broker’s license
- 15+ years of insurance experience strongly preferred.
Preferred Experience:
- CPCU a plus
- MBA, CPA, or JD a plus
Education:
- Bachelor’s degree in related field
How we support our colleagues
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 $260,000 to $310,000 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.
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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