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Mergers & Acquisitions - Property & Casualty Broker
4 months ago
Posting Description:
**Mergers & Acquisitions - Property & Casualty Broker**
**Do you enjoy working with clients and carriers to build upon relationships starting with an existing book of business?**
This role will have the flexibility to work both virtually and within our New York, NY Aon office location.
**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**
- Develop and maintain thorough knowledge of Property and Casualty insurance coverage with a focus on clients with P&C.
- Develop productive business relationships with key insurance underwriters and develop or maintain comfort with carriers online platforms or access points
- Develop and maintain effective working relationships with Aon M&A Project Managers, Producers and Account Executives.
- Review and assist in budgeting and placement of P&C insurance Portfolio Companies for Private Equity firms’ prospective portfolio companies, including but not limited to:
- Reviewing current program for adequacy of coverage, gaps or opportunities for improvement.
- Soliciting budgets under confidentiality in short time frame.
- Utilizing benchmarking and forecasting tools to analyze coverage and cost needs.
- Service a book of small commercial P&C Private Equity owned renewal accounts
- Work toward deadlines and broking cycles that are often shorter than industry standards.
- Develop and maintain a proficient understanding and utilization of Aon submission and quoting web base platforms.
- Learn and understand all elements of client presentations and develop skill set in development of basic presentations / presentation sections including technical writing. Develop verbal presentation skills.
- Develop and utilize effective negotiation skills
- Responsible for all aspects of client service for assigned book of business including, billing, policy collection, review and transmittal in accordance with established departmental service standards
- Drive utilization of all available technology throughout broking process and client service process
- Understand the causes of E&O and avoid and adopt practices to reduce exposure
- Adhere to all best practices
- Replicate effective products/solutions and develop broking opportunities
- Retain and grow assigned clients/prospects
- Adhere to the highest standards of professionalism and ethical behavior in all activities
**How this opportunity is different**
Private Equity is a focused new business vertical for Aon's Mid-Market clients. Manage an existing book of business of Private Equity Firms and prospective clients while educating and advising clients with a P&C (Property & Casualty) focus.
**Skills and experience that will lead to success**
**Required Experience**:
- Minimum of 2+ years of Property and Casualty insurance experience
- Active Property & Casualty insurance license
**Preferred Experience**:
- Small commercial P&C broking or underwriting experience a plus
**Education**:
- Bachelor’s degree or equivalent experience
**How we support our colleagues**
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
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.
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 conn
