David Kwon

About David Kwon

I’m a creative business strategist who enjoys working at the intersection of disciplines, connecting perspectives across domains to generate new ideas. A core thread in my work is behavioral strategy - understanding how people actually make decisions. The approach I take in my work is also interdisciplinary, combining data analysis, qualitative insight, and judgment about human behavior to generate differentiated growth strategies. Earlier in my career, I worked as a researcher at the intersection of finance and psychology, a field known as behavioral finance. At Vanguard, I analyzed how investors make decisions around ETFs and mutual funds, using data and behavioral insight to study how demographics, costs, and marketing shape outcomes. My doctoral research at Yale further examined how investors make decisions using mental shortcuts - called \"heuristics\"- such as short-term performance, investment horizon and earnings. Today, I work as a strategy consultant specializing in the insurance sector, advising insurance carriers and companies looking to expand into insurance on growth strategies informed by both qualitative and quantitative analysis. I enjoy working on growth strategies where different parts of the insurance ecosystem intersect, including cross-product opportunities, embedded insurance, and alternative capital. I also bring a global mindset, shaped by frequent time spent between the U.S. and Korea. Outside of work, I’m an avid movie fan and also started a movie club at Aon to connect colleagues. Happy to chat about any of the above—feel free to reach out! You can also reach me at my email: d•••••@gmail.com.

Experience

1. Strategy Consultant - Strategy and Technology Group

   Aon

   Jan 2023 — Present · Chicago, IL, US

   Advise senior leadership at global insurers and Fortune 500 firms on growth strategy, customersegmentation, and distribution transformation across client segments and product lines, as well as alternative capital vehicles such as E&S and captives-Led premium and commission analysis in admitted and E&S markets using statutory filings, informing a $200M+ revenue goal and expansion plan for a global carrier-Evaluated embedded insurance feasibility for banks and mobility providers, through market sizing and strategic guidance on go-to-market planning and monetization pathways-Guided junior consultants on strategy engagements involving cross-sell analytics, distribution design, and competitive positioning-Proposed go-to-market strategy for specialty carrier to target specialty risks and disintermediate wholesale brokers, resulting in recognition from the client’s executive leadership-Automated core consulting tasks by building Excel templates to standardize KPI reporting and introduced novel methodology to assess new entrant growth through M&A, partnership or organic expansion-Founded Aon Chicago’s employee movie club enhancing employee engagement across business units

Education

• Yale University

  PhD in Management (Accounting Focus)

  2016 — 2022

• The Wharton School

  B.S. in Economics (Concentrations in Finance and Business & Public Policy)

  2004 — 2008