Managing Director, Investment Banking

Aon Corporation•New York, NY

About The Position

Aon is seeking a Managing Director for Aon Securities, its investment bank. The role leads transaction origination, structuring, due diligence, and execution, working closely with Aon Securities colleagues and key stakeholders in Aon’s reinsurance business. The Managing Director advises sophisticated insurance and reinsurance clients on alternative capital and insurance-linked securities (ILS), drawing on a record of originating, structuring, negotiating, and completing financing and advisory transactions, particularly ILS transactions for domestic and international issuers. The role also helps shape the firm’s business strategy and product offerings, develops client relationships, markets and executes investment banking and capital-raising transactions, and contributes to research and innovation in risk transfer and structural solutions. It provides leadership, coaching, and mentorship while fostering collaboration across Aon and strengthening the company’s brand. The U.S. salary range is $300,000 to $375,000 annually, with eligibility to participate in annual incentive plans. Actual salary depends on factors including education, experience, skills, abilities, internal equity, market data, and geographic location.

Requirements

Significant experience in the insurance and reinsurance sector.
Expertise sourcing, crafting, and executing structured finance and advisory transactions, with a focus on insurance-linked securities.
Consistent track record originating, structuring, and executing ILS transactions.
Excellent communication and leadership skills, including the ability to pitch to ILS investors, rating agencies, and client senior management.
Strong understanding of catastrophe risk modeling, trigger types (indemnity, industry index, and parametric), and ILS transaction documentation.
Established relationships with ILS investors.
Ability to build and maintain relationships with sophisticated insurance and reinsurance clients.
Familiarity with ILS regulatory and domicile frameworks, including Bermuda, Cayman, Ireland, Singapore, and Lloyd’s/UK ISPV structures.
Ability to integrate integrity, trust, character, pride, and ethics into work and take responsibility for results.

Responsibilities

Determine short- and long-term business strategy with other team members, including strategy for core product offerings and appropriate team resource levels.
Build and maintain strong commercial relationships with clients and prospective clients.
Market and execute investment banking and capital-raising transactions.
Originate, structure, negotiate, and execute insurance-linked securities and other structured finance and advisory transactions.
Contribute to research and innovation involving risk transfer and new structural solutions.
Strengthen Aon’s brand.
Drive global connectivity and teamwork between Aon Securities and other Aon business units.
Develop business initiatives with existing and prospective insurers, reinsurers, and corporate clients across insurance-linked securities products.
Develop short- and long-term strategies anticipating changes in ILS investor capacity, pricing, and sponsor demand.
Lead and develop high-performing teams, communicate vision and expected outcomes, and provide training and mentorship.
Develop and sponsor new ILS structures, perils, and risk-transfer solutions.
Build professional relationships across Aon’s reinsurance business and the ILS marketplace, including investors, modeling firms, rating agencies, and legal counsel.
Manage accounts with a commitment to high performance and quality, acting in clients’, employees’, and shareholders’ best interests.

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, in accordance with company policy and practices; this role does not accrue vacation
Various leaves of absence
Paid sick leave as provided under applicable state and local 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
Employee assistance program, including free counseling sessions
Eligibility to participate in annual incentive plans