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AON
Chicago, Illinois, United States
(on-site)
Posted
11 hours ago
AON
Chicago, Illinois, United States
(on-site)
Job Type
Full-Time
Director of Product Management
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Director of Product Management
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Director of Product Management - Strategy and Technology Group (STG) P&C SolutionsLocation: Hybrid role with flexibility to work virtually or from our Chicago, Minneapolis, or New York offices
Travel: Up to 25%
Aon's Strategy and Technology Group (STG) is seeking an experienced Director of Product Management to accelerate the growth of our Pricing and Product Management advisory business for clients in the P&C insurance industry. In this senior, client-facing role, you will lead strategic engagements with clients, generate revenue, and help shape the future of Aon's STG P&C Solutions offering.
Key Responsibilities
Client Collaboration & Advisory
- Serve as a trusted advisor to P&C insurance clients, offering recommendations on product development, pricing strategies, profitable growth initiatives, and performance improvements.
- Lead client engagements from scoping through delivery, ensuring high-quality outcomes, measurable impact, and long-term value.
- Support business development efforts by crafting proposals, participating in pursuits, presenting thought leadership, and identifying new advisory opportunities. Save
- Present analytics findings and strategic recommendations to executive stakeholders, influencing product, portfolio, and business growth decisions.
Cross-Functional Leadership
- Partner with underwriting, product, claims, legal, actuarial, and technology teams to design and deliver integrated solutions for clients.
- Lead cross-functional initiatives that enhance product performance, customer experience, and portfolio profitability.
- Promote collaboration across internal and client teams to ensure alignment and seamless execution of product, pricing, and profitability strategies.
Product Development
- Lead the development and enhancement of commercial, specialty, and E&S insurance products by identifying market opportunities, analyzing competitor offerings, and gathering client and broker insights.
- Manage the product lifecycle from concept through implementation and refinement, ensuring alignment with client goals, risk appetite, and evolving market conditions.
- Champion innovation in product design and delivery, leveraging data-driven insights, technology, and emerging trends to differentiate client offerings.
- Ensure all products meet regulatory standards and guide clients through rate, rule, and form filings and approvals, in coordination with actuarial, legal, and regulatory teams.
Pricing Strategy
- Develop and oversee the implementation of pricing strategies based on data analysis, loss experience, market dynamics, and regulatory requirements.
- Leverage predictive modeling and advanced analytics - working closely with actuarial and data science teams - to refine pricing, improve risk segmentation, and support underwriting strategy.
- Stay current on regulatory changes and market developments, advising clients on required adjustments to pricing, product structures, and underwriting approach.
- Build and maintain competitive intelligence on industry pricing and advise clients on the strategic implications of pricing below, at, or above market.
Skills and Experience
- 15+ years of experience in the P&C insurance industry in relevant areas such as product development, product management, regulatory compliance, underwriting, or pricing.
- Strong knowledge of P&C insurance products, particularly commercial, specialty, and E&S lines of business.
- Familiarity with bureau-based rating programs and filing processes (e.g., ISO, AAIS), and with key commercial lines capabilities such as straight-through processing (STP), underwriting workflows, and rules engines.
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.
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, more relevant, and more valued.
Aon values an innovative and inclusive 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 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. People with criminal histories are encouraged to apply.
We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Pay Transparency Laws:
The salary range for this position (intended for U.S. applicants) is $185k-$240k USD. 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 to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
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.
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Requisition #: 93875
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Job ID: 82215152

AON
Insurance
Chicago
,
Illinois
,
Aon Corporation
Headquartered in Chicago, Aon Corporation is the leading provider of risk management services, insurance and reinsurance brokerage and human capital and management consulting. Our key advantage is our broad view of the insurance industry. With an employee base of 36,000 people working in 500 offices in more than 120 countries, we can anticipate how changes in one sector impact another.
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