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Senior Counsel, Reinsurance Solutions

Posted Feb 13
Full Time
HybridBloomington, Minnesota

Job Description

Aon is seeking Senior Counsel candidates that are collaborative, forward-thinking, and looking for a role that supports our growing business. Ideal candidates will have experience in reinsurance (including reinsurance transactions, regulations, disputes, and/or broking arrangements) and general commercial contracting. Provide legal counsel across North America for Aon’s Reinsurance Solutions, including its reinsurance broking, capital markets, data and analytics, and consulting businesses!

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 with varied strengths, and we are passionate about helping our colleagues and clients succeed.

What the day will look like:

The successful candidate must have strong commercial legal experience and be able to provide expert legal counsel to the business by fulfilling the following responsibilities:

Structure, negotiate and draft contracts for complex commercial arrangements, including service and compensation agreements with clients, technology license agreements, and contracts with vendors, strategic partners and other third parties.  Interpret and provide insight on regulatory regimes applicable to brokers and other services providers in the insurance and reinsurance industry.

Serve as a strategic partner to business teams as they develop new service offerings, obtain, or expand client engagements, respond to legal and regulatory changes, and resolve contractual issues – all of which require collaboration with business colleagues across our management, broking, client services, and operations teams.

Work in partnership with Aon Law & Compliance department colleagues and business leaders to support, and in some cases lead, critical initiatives related to new products or services, risk mitigation, and process improvements.

Collaborate with a diverse team of Law & Compliance professionals to advise on a wide variety of transactional, regulatory, and litigation matters arising from Aon’s Reinsurance Solutions business and other Aon United solutions in North America.

Skills and experience that will lead to success:

  • 8 or more years within a law firm or in-house legal position
  • Experience structuring, negotiating, and drafting contracts for commercial arrangements.
  • Experience in insurance, reinsurance, and/or other related financial services industries, along with the regulatory regimes related to those industries.
  • D. from an accredited U.S. law school and a current license to practice law.
  • Excellent verbal and written communication skills, and the ability to work collaboratively in a team setting.
  • High level of self-direction and demonstration of good judgment.
  • Ability to create and deliver practical solutions that appropriately balance commercial objectives and legal risks.
  • Versatility to lead projects and implement transactions over a range of business areas and functions with differing issues, requirements, and risks.
  • Ability to simultaneously balance multiple time-sensitive projects and important relationships.

The salary range for this position is $170k to $190k annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. This position is eligible to participate in one of Aon’s annual incentive plans. The amount of the incentive varies and is subject to the terms and conditions of the applicable incentive plan.

How we support our colleagues

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. Eligibility for benefits is governed by the applicable plan documents and policies.

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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 our colleagues to take time 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 colleagues 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.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves.

Aon is proud to be an equal opportunity workplace. 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, domestic partner status, or other legally protected status. Aon is committed to a team with varied strengths and is an affirmative action employer. People with criminal histories are encouraged to apply.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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