Senior Associate - Strategy Consulting - Insurance

Aon Corporation•Chicago, IL

5h•$80,000 - $100,000•Hybrid

About The Position

Insurance Strategy Consulting – Senior Associate This is a hybrid role with the flexibility to work both virtually and from our Chicago office 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 team and we are passionate about helping our colleagues and clients succeed. What the day will look like As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Strategy Advisory group within the Strategy & Technology Group (STG) vertical in Chicago, Illinois. Aon STG Strategy Advisory provides consulting services to firms who operate across the insurance landscape, which include many of the most prestigious companies in the Global Property, Casualty, Insurtech, Digital Platforms, and Health and Benefit (re)insurance market. We help our clients to navigate a fast-changing market environment to drive profitable and sustainable growth and business results. We have privileged access to Aon’s proprietary data and its global network of (re)insurance industry experts to derive unique and compelling insights into the sources of competitive advantage in our industry. Most importantly we help our clients to turn insights into practical actions and into tangible outcomes. As a Strategy Consulting Senior Associate, you will be in a client-facing role working closely with Client Leaders, Project Managers, and Aon Leadership. Your role will involve leading project work streams to deliver business focused initiatives and strategic recommendations for our clients through understanding their objectives, addressing their challenges, developing an understanding of market conditions and issues, and defining strategies that drive growth opportunities and competitive market advantages.

Requirements

3+ years of proven experience in strategy consulting, enterprise strategy, or the insurance/reinsurance industry (strongly preferred but not required)
Strong analytical abilities and a track record of academic success
Project management skills
Ability to communicate in a collaborative and client focused manner
Ability to perform well under pressure, on multiple work streams, and with tight deadlines
Strong attention to detail and critical eye in overseeing work of junior analysts
Strong interpersonal skills with the ability to network and engage with all levels of stakeholders (both internal and external)
Excellent oral and written communication skills
Fluency in Microsoft Office applications (PowerPoint and Excel)
Willing to travel up to 20% (typically much less)
Bachelor’s degree in Business Administration, Risk Management, a related field, or equivalent years of industry experience.

Nice To Haves

Prior experience at prominent Advisory Firms/ Strategy Consulting Firms is preferred
Experienced in data analytics tools is a plus

Responsibilities

Contribute to full lifecycle client engagements by leading strategic initiatives, managing project workstreams, and developing strategic recommendations
Deliver project workstreams and outputs, managing project team members, and mentoring colleagues outside of specific projects
Lead workstreams with clients to develop approaches, methodologies, and transition strategies that will guide them to the objective future state
Lead market research efforts, quantitative and qualitative analyses, to synthesize strategic recommendations for clients
Take a lead role on analysis, initial story building, production of reports, client solutioning and other client deliverables
Lead the facilitation of interviews with clients and Aon colleagues
Identify and communicate recommendations to clients
Manage the client relationship alongside other STG colleagues
Work in a collaborative environment with clients and colleagues
Challenge the status quo and internal processes to identify opportunities to work more efficiently
Lead by strong example and take on additional responsibility as required
Work with senior management to develop proposals and create marketing and business development materials
Support the operational needs of STG including internal initiatives such as recruiting, marketing, communications, etc.

Benefits

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, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, 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.
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.

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