Aon is in the business of better decisions
Aon is currently seeking an Assistant Vice President or Vice President - Broker II (FSG) within Aon Commercial Risk Solutions’ Financial Services Group (FSG). This is a hybrid role to work from our Chicago, IL office.
Overview
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. 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
Responsible for assessing client needs, crafting solutions and negotiating with insurance carriers to acquire coverage that is in a client’s best interests. Coverages include: Directors and Officers Liability, Employment Practices Liability, Crime, Fiduciary Liability, and Kidnap/Ransom.
* Analyze and present sophisticated insurance contract concepts.
* Effectively communicate renewal strategies and results to clients, including product/structure overviews, insurance market dynamics, litigation trends and contract features.
* Utilize refined technical skills including client analysis / underwriting and insurance program diagnostic skills to continually improve client programs and build opportunity with prospective client programs.
* Maintain effective working relationships with external client contacts, prospects (primarily in the department of treasury, legal departments, or risk management).
* Build internal working relationships with Aon product specialists, brokers, producers and account executives.
* Develop and deliver client and prospect presentations in conjunction with senior team members.
* Apply effective underwriter relationships to improve broking results via a deep understanding of marketplace, carrier appetite and capabilities to bring to bear carriers effectively.
* Engage the Aon FSG claims and legal advocacy group for claim administration and counsel as per established protocols and as advised by senior team member.
* Apply effective negotiation skills to secure optimal broking results for clients.
In addition, and as a part of the support of the team:
* Provide efficient and effective support to senior FSG team members, internal Aon colleagues.
* Always provide timely responses to clients and team members.
* Effectively connect with other technical or other senior team members and administrative staff to ensure proper prioritization of workflow.
* Develop and use effective and efficient relationship(s) with administrative staff and junior team members (when approved by team leader) to ensure effective delegation and team resource utilization.
How this opportunity is different
This Broker role is responsible for developing and implementing strategic risk management solutions for large, global clients. This includes the design, marketing and service management of insurance programs in numerous industry sectors. This individual should have validated peer market relationships and emerging senior market relationships.
Skills and experience that will lead to success
Required Experience
* 5+ years in brokering, underwriting, and / or other relevant executive liability proven experience.
* Excellent negotiation skills.
* Strong experience using Microsoft Office Suite (Word, PowerPoint, Excel and Outlook)
* Strong ability to express ideas clearly in both writing and speaking.
* Property & Casualty license required within 6 months of hire date.
Education: Bachelor’s degree required 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 a 401(k) plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards; medical, dental and vision insurance; leaves of absence; paid time off including holidays, vacation, and sick leave; disability and life insurance; reimbursement accounts; and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
We encourage an inclusive workforce and offer an agile environment to manage wellbeing and work/life balance. All colleagues receive two “Global Wellbeing Days” each year. We provide diverse working style solutions and continuous learning opportunities to help you grow.
Aon is an equal opportunity employer. We prohibit discrimination and harassment of any kind and are committed to providing equal employment opportunities to all employees and applicants. If you require accommodations during the application or interview process, please let us know by emailing 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 qualified applicants with arrest and conviction records 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 for submitting a 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: The salary range for this position (intended for U.S. applicants) is $124,700 - $160,000 annually. The actual salary will vary based on education, experience, skills, and abilities, as well as internal equity and market data. The salary may also be adjusted based on 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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