ART Leader, Asia

Head of Alternative Risk Transfer, Commercial Risk, Asia

Are you a creative, innovative, out of the box thinker Do you have an entrepreneurial approach and a willingness to challenge the status quo

Our Alternative Risk Transfer role might be right for you!

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, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

The leader will be responsible for driving execution of the Alternative Risk Transfer (ART) strategic initiatives, which will include a combination of the following:

• Support the marketing, execution, and ongoing client service related to ART solutions.

• Engage as part of the team to develop and implement processes to enhance client service and replicate growth.

• Collaborate with Commercial Risk clients and Aon colleagues to develop new value-generating ideas and alternatives to traditional risk transfer approaches, intended to facilitate client decision making, help navigate volatility, and effectively match capital to risk.

• Work with account executives and brokers throughout the renewal process to uncover unique but significant challenges that warrant consideration of ART solutions.

• In partnership with insurers, other capital providers and Aon colleagues, collaborate on ART solution development, and develop strategies to incubate and bring the solutions to clients.

• Help drive the execution of Commercial Risk priorities including strategic solutions and innovation, thought leadership, and the adoption of risk analytics and related tools.

• Assists product innovation, the development of purposeful solutions, and the coordination of strategic risk consulting recommendations.

• Leads Accelerating Aon United processes through the contribution to large RFP project responses.

• Supports an innovation agenda with other Aon teams (e.g. Affinity and other teams focused on innovation) to find opportunities to develop Aon-specific concepts.

How this opportunity is different

ART solutions play an increasingly important role in corporate risk strategies. As organizations face increased complexity driven by evolving and interconnected risks, ART solutions can be a creative way to approach risk finance and risk transfer.

ART solutions is a term used to describe the different methods that organizations can use to manage retained risks or transfer risk off their balance sheets. These solutions include captive insurance, multi-year structured solutions, parametric insurance, catastrophe bonds, and insurance-linked securities. This individual will need leading creative problem-solving skills, technical broking competence, and strong communication and organizational skills to work closely with a wide variety of clients and Aon partners to deliver growth of innovative alternative risk solutions.

Skills and experience that will lead to success

• 10+ years of broking, account management, insurance experience or other transferable experience preferably within property and casualty.

• Interest and experience in ART solutions such as parametric insurance, multi-year structured programs, multi-line risk transfer, and/or captives, or other innovative risk capital solutions

• Proven thought leadership and comfort with developing technology tools to assist ART team workflows.

• Strong analytical skills with ability to provide insight and recommendations via creative solutions to complex problems.

• Entrepreneurial approach and willingness to challenge status quo ideas.

• Ability to work in a complex matrix environment across various functional, business, and geographic leaders while motivating and inspiring others.

• Bachelor's degree or equivalent experience in Business or related field required.