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Account Executive III

2 months ago


Southfield, Michigan, United States Aon Full time
Job Title: Account Executive III

At Aon, we are seeking a highly skilled and experienced Account Executive III to join our team. As a key member of our client service team, you will be responsible for managing and growing our relationships with assigned clients, providing exceptional service and support to ensure their needs are met and exceeded.

Key Responsibilities:
  • Retain and grow Aon's business by cultivating strong relationships with senior client decision-makers and day-to-day client contacts.
  • Lead all aspects of the execution of day-to-day service activities of the Aon service team.
  • Build, expand, and solidify relationships with existing clients at senior levels within the company and lead appropriate resources to address client risk/capital management needs.
  • Actively identify and pursue new business opportunities.
  • Develop and analyze program and coverage options across lines of business, including deductibles, retros, guaranteed cost, collateral, and accruals.
  • Draw comparisons and conclusions of the variations of different programs and communicate to the client to aid in decision-making.
  • Secure existing business and drive the sale of additional services and coverages across solution lines.
  • Work at a strategic level to cultivate relationships with clients.
  • Identify and generate new and penetration business across solution lines, collaborating with Producers on new business opportunities.
  • Prepare and negotiate fee-based pricing of services, ensuring account profitability in a value-based approach for the scope of service and costs associated with the client service agreement.
  • Demonstrate a solid understanding of Aon's resources and capabilities.
  • Effectively leverage the Aon network to achieve client risk objectives.
  • Prepare for internal Strategic Account Review meetings and drive the plan developed for each client.
  • Earn at least 2 of the following Badges: Articulating Value Badge, RFP Rehearsal Coach Badge, and Redsheet Facilitator Badge.
  • Utilize Pricing Council analysts and resources.
  • Ensure overall account profitability with a value-based approach for the scope of service and costs associated with client service.
  • Act as Account Executive on their own book of business with sales and book growth goals.
  • Stay current on all relevant industry data and proactively introduce innovative ideas to help clients contemplate risk management with a fresh perspective.
Requirements:
  • Bachelor's degree or equivalent years of experience.
  • Insurance licensing as required.
Experience:
  • 7-10+ years of appropriate insurance experience.
  • Possesses an in-depth knowledge of the insurance brokerage business and the assigned clients' needs as well as all major lines of business.
  • Excellent negotiation skills.
  • Demonstrates technical proficiency and creates innovative solutions.

Aon offers a comprehensive benefits package, including a 401(k) savings plan, employee stock purchase plan, medical, dental, and vision insurance, paid time off, and more. We are an equal opportunity employer and welcome applications from diverse candidates. If you are a motivated and experienced professional looking to join a dynamic team, please apply today.