Aon

1 month ago

Risk Manager

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Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 15 hours agoStatus: Live

Job Summary

Lead and optimize the firm’s insurance programs (General Liability, Auto, Pollution, Aviation, Umbrella) and related risk transfer strategies. Partner with internal teams and external brokers to manage renewals, vendor relations, and contract risk, while protecting the balance sheet and enabling business growth in a hybrid, Chicago-area environment. Requires 5-7 years in risk management or insurance with strong Excel and communication skills.

Location: United States

Workplace: Hybrid

Employment Type: Full time

Job Function: Legal, Risk & Compliance

Seniority: Manager level

Key Responsibilities

•Lead the annual renewal process for liability insurance programs, advise on strategy and market conditions to optimize coverage, risk retention, and total cost of risk (TCOR).
•Serve as the primary risk management resource for internal business divisions, providing expert advice on insurance needs, contractual risk transfer, and indemnity provisions.
•Explain complex insurance concepts during client negotiations and present on risk management topics to enhance business-wide understanding.
•Cultivate relationships with brokers, underwriters, and captive managers to advocate for the firm's interests and ensure optimal service and program performance.
•Advise on insurance and risk-related provisions within client and vendor contracts to protect the firm's assets and interests.
•Partner with the Finance department on program budgeting, forecasting, allocations, and timely payment of related invoices.

Travel: Low travel

Pay and Benefits

Perks:Health InsuranceDentalVision401kEquityTuition AssistanceCommuter BenefitsPaid LeaveDisabilityLife Insurance

Key Requirements

•5-7 years of relevant experience in insurance, brokerage, or risk management, with strong experience in General Liability, Auto and Umbrella insurance programs.
•Bachelor's degree or equivalent in Risk Management, Finance, Business, or a related field.
•Proven experience negotiating insurance provisions in commercial contracts.
•Strong analytical skills with proficiency in Microsoft Excel and ability to present complex concepts clearly.
•Ability to explain technical insurance concepts in business terms to diverse audiences; occasional travel may be required.

Experience:5-7 years

Education:Bachelor's in Risk Management

Skills:CommunicationPresentationNegotiationAnalytical thinkingProblem-solving

Certifications:ARMCRM

Languages:English

Company Brief

Aon

Global professional services firm providing risk, retirement, human resources, and insurance brokerage solutions to clients worldwide, including consulting, reinsurance, and data-driven risk management services.

Industry: Insurance

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: London, United Kingdom

Founded: 1982

Glassdoor: 3.9

Website LinkedIn Glassdoor

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Aon