Ratings Advisory Director - Reinsurance Solutions

Aon Corporation • Berkeley Heights, NJ

5d

About The Position

Aon’s Capital Advisory group is hiring a Director for its Rating Agency Advisory team within Aon Reinsurance Solutions. The team provides customized support to clients on rating agency needs, including capital modeling, profitability analysis, peer benchmarking, and strategic positioning to achieve optimal rating outcomes. The role is client-facing and involves working with Aon Reinsurance account teams and clients directly. It focuses on strategic rating advisory and analytics, guiding reinsurance clients through rating agency criteria and processes and recommending capital management strategies. The colleague will work with other Capital Advisory functions, including Corporate Finance and ReSolutions, to develop client relationships and solutions. Primary office locations are New York and Berkeley Heights, New Jersey. Remote work may be an option depending on candidate qualifications.

The Director leads rating advisory account strategy for a portfolio of reinsurance clients, analyzes financial statements and rating agency capital models, and develops recommendations and presentations informed by rating agency methodologies. The position also involves monitoring industry trends, leading special projects, collaborating across Capital Advisory teams, and mentoring analysts.

The salary range for U.S. applicants is $190,000–$210,000 annually. The position is eligible for an annual discretionary bonus. Aon offers benefits to full-time and regular part-time colleagues, subject to applicable plan documents and policies.

Requirements

• At least 7 years of insurance industry experience.
• Knowledge of rating agency credit analysis.
• Ability to analyze insurance company financial statements.
• Proficiency with Microsoft Excel and PowerPoint.
• Knowledge of insurance STAT and GAAP accounting concepts.
• Bachelor’s degree, ideally in Accounting, Finance, Mathematics, Economics, or a related major.
• Strong analytical, problem-solving, and project management skills.
• Excellent written and verbal communication skills.
• Experience with data analysis and research concepts.
• Strong organizational abilities and attention to detail.
• Good interpersonal, client management, and communication capabilities.
• Excellent presentation skills and ability to synthesize content from multiple sources.
• Ability to perform under time pressure.
• Self-directed, with experience managing multiple concurrent projects.
• Ability to work collaboratively in a cross-functional environment.

Nice To Haves

• Experience with industry databases such as S&P Global Market Intelligence/SNL and/or BestLink.
• CFA or CPA designation, or working toward one.
• Prior rating agency experience.
• Experience with rating agency and regulatory capital models.

Responsibilities

• Lead account management strategy for rating advisory across a portfolio of reinsurance clients and interact extensively with reinsurance brokers and clients.
• Provide analytics and rating advisory using rating agency capital models, company financial statements, and forecasts.
• Research and analyze financial data, client planning and strategy, and client and peer financials using rating agency criteria; identify alternative ideas and solutions to meet client goals.
• Develop presentations and recommendations for rating agency and board-level objectives using knowledge of rating agency methodologies.
• Track reinsurance industry trends and translate them into insights for client recommendations.
• Lead special projects to further Aon’s market presence.
• Collaborate with other Capital Advisory functions, including structured reinsurance solutions, corporate finance and investment banking, and capital markets transactions such as ILS.
• Mentor analysts and review work product at appropriate checkpoints for accuracy and completeness.
• Advise reinsurance clients on rating agency criteria, guidance, and processes, and recommend capital management strategies to support optimal rating outcomes.
• Evaluate the impact of reinsurance and other capital solutions on clients’ financial statements and credit ratings.
• Advocate for clients’ credit rating objectives.

Benefits

• 401(k) savings plan with employer contributions
• Employee stock purchase plan
• Consideration for long-term incentive awards at Aon’s discretion
• Medical insurance
• Dental insurance
• Vision insurance
• Various types of leaves of absence
• Paid time off, including 12 paid holidays and 15 days of paid vacation annually
• Paid sick leave as provided under 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 with free counseling sessions
• Eligibility to participate in an annual incentive plan for a discretionary bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Director