Aon Corporation Senior Vice President, Litigation Risk Underwriting in New York, New York
Aon is looking for a Senior Vice President, Litigation Risk Underwriting
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting litigation Risk. This role can be based from Aon's New York City, Chicago, or Bermuda office.
Your impact as a Senior Vice President, Litigation Risk Underwriting
As part of Aon's global litigation risk transfer and financing strategy, Aon has launched a Managing General Agent (MGA) to focus on writing litigation insurance cover. This role will work closely with Aon's Litigation Risk Group and with the MGA's insurance markets to structure and place litigation risk cover. This person will lead the design, structuring and underwriting of complex insurance programmes and innovative and effective solutions in high quality cases using insurance capital, whether that be to ringfence contingent litigation risks in M&A, preserve the value of successful judgments, protect against the adverse outcome of litigation or other scenarios
This would be an interesting role for a litigation funder or investment banker wanting to make a move to the business side. The likely background will be a (former) litigation funder or senior investment banking/structured finance professional.
Lead the underwriting processes in support of the MGA
Partner with Litigation Risk Group to identify bespoke litigation risk-transfer solutions to benefit clients
Design, structure, and underwrite complex insurance programmes
Work with non-traditional capital providers to provide combined risk transfer and financing solutions
Identify, develop and cultivate new sources of insurance (and other) capital for solutions that will differentiate Aon in the marketplace
You Bring Knowledge and Expertise
A seasoned litigation funder or investment banker with deep financial acumen and proven track record of developing business
Good reputation and strong experience in complex international general commercial litigation across many different practice areas
Exposure to Tax and Intellectual Property and Patent law would be ideal, but not required
Credibility and gravitas with senior leaders with decision makers at insurers
An ability to understand the underlying risk and articulate it to insurers via detailed and compelling written submissions
Can build high trust relationships with colleagues and brokers
Ability to assess a case on its merits and the realistic prospects of it being insurable without having to approach the insurance markets
Ability to structure deals utilizing insurance and financial capital
Engage with brokers, in both the value aspects and commercial
Strong market negotiation skills
We offer you
Acompetitivetotal rewards package, continuing education & training, and tremendous potential with agrowingworldwide organization.
Our Colleague Experience:
From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit .
(NYSE:AON)is a leading global professional services firm providing a broad range of risk, retirement and health solutions.Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Aon provides equal employment opportunities (EEO) 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, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.