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Managing Director - Premium Finance

clevelcrossing.com - Jobboard
Chicago, IL Full Time
POSTED ON 2/13/2025
AVAILABLE BEFORE 5/6/2025

Managing Director - Premium Finance

As part of Risk Services, Aon Premium Finance is a strategic advisor to account teams and clients. As the Managing Director, you must have a demonstrated history of working in premium finance in the insurance industry and leading teams to provide the most competitive terms available for our clients. The position is a part of our smart working policy with the flexibility to work virtually and from one of our offices in Chicago or New York.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich people's lives worldwide. As an organization, we are united through trust as one inclusive, diverse team passionate about helping our colleagues and clients succeed.

What the day will look like :

  • Lead and be accountable for the national delivery of premium finance solutions by developing and deploying activities to generate volume and revenues.
  • Partner with vendors to improve processes and evaluate next-gen capabilities enabling new levels of efficiency and client experience.

How is this opportunity different?

Aon's focus is on the client experience, which results in our clients being better informed, well-advised, and able to make informed decisions that meet their financial objectives and grow their business. In addition, we deliver differentiated client value through our financing capabilities.

Skills and experience that will lead to success :

  • Partner with Aon Solution Lines and account teams to grow the premium finance business.
  • Deliver Business Results through the execution of growth, revenue targets, and pre-tax income.
  • Partner with crucial ARS management personnel to drive opportunities to achieve targets by establishing budget expectations and tracking progress toward these goals.
  • Act as a mentor and develop people to maximum potential.
  • Identify, validate, and prioritize investments (people, technology, etc.) and the required licenses to support business.
  • Own, track, and measure service standards and critical metrics, ensuring the desired achievement of standards and financial goals.
  • Drive an approach to highlight risk concerns and make decisions about risk mitigation for the business.
  • Focus on operational control and the implementation of effective technology to mitigate risks.
  • Lead Audits & Regulatory Reviews – track and repair issues identified by internal audit and external regulatory review.
  • Education : Bachelor's degree or equivalent years of industry experience.

    How we support our colleagues :

    In addition to our comprehensive benefits package, we encourage a diverse workforce. All colleagues enjoy two Global Wellbeing Days each year, encouraging you 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, relevant, and valued.

    Aon values an innovative, diverse workplace where all colleagues feel empowered to be authentic. Aon is proud to be an equal-opportunity workplace.

    The salary range for this position (intended for U.S. applicants) is $155k - $200k annually. The actual salary will vary based on the applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. 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.

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    Salary : $155,000 - $200,000

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