Product Management Leader

Product Management Leader

Location : Hybrid role with flexibility to work virtually or from our Chicago, Minneapolis, or New York offices

About Aon : 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 and we are passionate about helping our colleagues and clients succeed.

Role Overview

Aon's Strategy and Technology Group (STG) is seeking an experienced Product Management Leader to accelerate the development of our Pricing and Product Management advisory business focused on clients in the P&C insurance industry. This role will lead client engagements, generate revenue, and build out the Product Management practice within Aon's STG P&C Solutions team.

Key Responsibilities

• Client Collaboration & Advisory : Serve as a trusted advisor to 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 and long-term value. Support business development efforts by crafting proposals, presenting thought leadership, and identifying growth opportunities. Present analytics findings to executive stakeholders, influencing product strategy and business growth initiatives.
• Cross-Functional Leadership : Partner with underwriting, product, claims, legal, actuarial, and technology teams to deliver integrated solutions. Lead cross-functional initiatives to enhance product performance and customer satisfaction. Promote collaboration across teams to ensure seamless execution of product and profitability strategies.
• Business Analytics & Performance Monitoring : Lead the development and implementation of advanced analytics frameworks, dashboards, and reporting tools to support strategic decision-making and continuous improvement across all areas of the business. Drive the adoption of data-driven methodologies for quote funnel analytics, forecasting, customer segmentation monitoring, and opportunity identification. Monitor product performance using key metrics such as market share, conversion ratio, retention rate, frequency, severity, loss ratio, and combined ratio. Recommend and implement enhancements based on performance data and market shifts.
• Product Development : Lead the development of commercial, specialty lines and E&S insurance products by identifying market opportunities, analyzing competitor offerings, and gathering client needs. Manage the product lifecycle from concept through implementation, ensuring alignment with client goals and market conditions. Champion innovation in product design and delivery using data-driven insights. Ensure all products meet regulatory standards and guide clients through filings and approvals.
• Pricing Strategy : Develop and implement pricing strategies based on data analysis, loss experience, market conditions, and regulatory requirements. Leverage predictive modeling and analytics to refine pricing and improve risk segmentation. Stay informed on regulatory changes and advise clients on necessary adjustments. Create and leverage competitive intelligence on industry pricing and advise clients on impacts of below or above market pricing.
• Talent Development & Team Culture : Mentor and develop team members, fostering a culture of continuous learning and professional growth. Implement effective performance management practices and participate in recruitment efforts.

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 P&C commercial, specialty, and E&S lines of business. Proven leadership in client-facing roles, with a track record of delivering strategic pricing and modeling solutions. Strong communication and presentation skills, with the ability to influence executive stakeholders. Ability to manage multiple client projects and collaborate across teams. Bachelor's or Master's degree in Business Management / Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics related field. Must be willing to travel up to 25% of the time.

How We Support Our Colleagues

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 $250,000 to $275,000 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...