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Associate Director, Fiduciary Cash
4 months ago
Posting Description
Assistant Director, Fiduciary Cash
Are you a meticulous accounting professional who wants to have a greater impact? Do you enjoy supporting several books of business, valued at multi-million dollars in revenue?
If so,
explore joining Aon as an Assistant Director of Fiduciary Cash
This is a hybrid role with the flexibility to work from our Bloomington, MN office.
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
Professionally and accurately oversee cash allocation and disbursements for Reinsurance Client Services North America (including some Caribbean and LatAm). Work closely with client service Advocates in accounting and claims, Genpact Technical Accounting Team, Aon UK Limited as well as reinsurers regarding cash allocation of cash receipts, live direct pay checks, and London Market settlements.
Be proficient in the oversight and management of all systems for cash application and be a Subject Matter Expert for Fiduciary Cash
Daily review of auto-net to ensure markets are properly funded and all netting set-ups are appropriate
Manage monthly net settlements to reinsurers as well as daily disbursements to clients meeting all Service Level Standards
Collaborate with Treasury Department in the management of disbursements, cash receipts, bank set-ups, and queries
Provide training, guidance, and oversight to the Offshore Technical Accounting team
Request, approve and process large cash disbursements
Oversee London Market cash receipts
How is this opportunity different?
In this role, you will be responsible for managing millions of dollars in cash flow globally, both incoming and outgoing.
You will work with our clients and Reinsurance partners to ensure that Aon's premiums and claims are remitted correctly.
We are ready to build on your accounting experience through on the job training.
You will have the opportunity to learn new applications, oversee accounting work being done by others and have an impact on Aon's business in the US and beyond
Skills and experience that will lead to success
5+ years of experience in a role with Fiduciary Responsibility (Accounts Receivable/Accounts Payable, Accounting, Book-Keeping, Finance, etc.).
Prior experience in Reinsurance or Insurance is preferred, but not required
Professional demeanor, including strong interpersonal and communication skills, (both oral and written).
Ability to work independently and efficiently.
Strategic and analytical thinker with good attention to detail.
Working knowledge of MS Office suite of products.
Ability to take direction and prioritize workload accordingly.
Education :
Bachelor’s degree in Business Administration, Accounting, Finance, a related field, or equivalent years of industry experience.
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 you 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 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, 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 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.
We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
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 $80,000 to $90,000 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 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.
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