What are the responsibilities and job description for the Managing Director, Investment Banking position at Aon?
Managing Director – Investment Banking
This role requires a minimum of 3 days per week working in our New York City office.
Aon is looking for a Managing Director in Aon Securities, our investment banking group. This role will be responsible for originating, structuring, and marketing transactions to provide debt-related financing and capital for insurance companies. Close collaboration with all members of the Aon Securities team, including its catastrophe bond practice, and other key groups within Aon's reinsurance business will be key.
This individual will possess demonstrated expertise over a broad range of solutions for insurance and reinsurance clients. They will have led numerous transactions, preferably with an emphasis on insurance-linked securities domestically and internationally.
This role requires a track record of successfully sourcing, managing, and executing complex transactions over extended timeframes. This individual will serve as a trusted advisor to sophisticated clients regarding cat bonds, sidecars, general financing, and other matters.
Position Responsibilities
Contribute to executing the Aon Securities business strategy by focusing on Aon's core product offerings using the appropriate resources available to:
Critical Thinking:
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.
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.
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 and inclusive 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 are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
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 $300,000 to $375,000 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.
2576303
This role requires a minimum of 3 days per week working in our New York City office.
Aon is looking for a Managing Director in Aon Securities, our investment banking group. This role will be responsible for originating, structuring, and marketing transactions to provide debt-related financing and capital for insurance companies. Close collaboration with all members of the Aon Securities team, including its catastrophe bond practice, and other key groups within Aon's reinsurance business will be key.
This individual will possess demonstrated expertise over a broad range of solutions for insurance and reinsurance clients. They will have led numerous transactions, preferably with an emphasis on insurance-linked securities domestically and internationally.
This role requires a track record of successfully sourcing, managing, and executing complex transactions over extended timeframes. This individual will serve as a trusted advisor to sophisticated clients regarding cat bonds, sidecars, general financing, and other matters.
Position Responsibilities
Contribute to executing the Aon Securities business strategy by focusing on Aon's core product offerings using the appropriate resources available to:
- Build and maintain strong commercial relationships with clients and prospective clients
- Market and execute multiple financial advisory and capital raising transactions
- Contribute to research and innovation related to transferring risks and new structural solutions
- Strengthen the firm's brand
- Drive global connectivity and collaboration across other Aon teams
- Manage and develop the skills of junior team members
Critical Thinking:
- Assess competitors, clients, and market segments to set ambitious but pragmatic business objectives
- Develop short-term and long-term strategies for transaction origination and placement
- Identify opportunities and develop or introduce new products as appropriate
- Actively engage with members of the overall team. For specific transaction team members, give critical feedback in real time and for use in periodic performance reviews to suggest areas for development
- Use existing Aon programs to support employees’ career growth in individual ways
- Managing and Coaching People – Lead high performing teams; influence desired outcomes by communicating vision and demonstrating standard methodologies;
- Applied Critical Thinking – Anticipate and react to business goals and opportunities strategically and creatively; take a leading role in developing and sponsoring new services;
- Act with Integrity – Integrate the Aon values of integrity, trust, character, pride and ethics into all aspects of work; demonstrate a high level of consistency between words and actions across all business situations; accept ultimate responsibility for results; always advocate for the best interests of clients, employees and shareholders;
- Commitment to Success – Network within Aon and the marketplace to develop professional relationships; demonstrate unwavering commitment to high performance in the process of account management; set a personal standard of high quality and integrity for self and others;
- 15 years’ experience within the insurance sector, with expertise in sourcing, structuring, and performing a variety of structured finance and advisory transactions
- Excellent communication skills and leadership skills
- Experience with capital raising, strategic advisory, and insurance sector expertise
- Extensive knowledge and understanding of the insurance and reinsurance industries
- Ability to develop and maintain relationships with sophisticated insurance company clients
- BS/BA or equivalent experience
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.
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.
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 and inclusive 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 are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
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 $300,000 to $375,000 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.
2576303
Salary : $300,000 - $375,000