Surety Account Executive/Broker

5 days ago

Houston, Texas, United States AON Full time
About the Role

We are seeking a highly skilled Surety Account Executive/Broker to join our dynamic team at Aon. As a key member of our Southwest Surety Advisory team, you will be responsible for driving growth for contract and commercial surety lines across multiple Aon offices.

Key Responsibilities
  • Provide account and brokerage services to new and existing Aon surety accounts, proactively advising clients on opportunities to improve their surety programs.
  • Evaluate the financial condition of clients, the nature of underlying risks, and compare them to credit liabilities associated with requests or programs.
  • Independently decide which insurer to approach for terms and conditions, then convey these to clients and assist with rate/collateral benchmarking and negotiation of indemnity language.
  • Receive quotes from markets, complete Quote Disclosure reports, visibility and disclosure reports, limitation of liability agreements, and provide advice on the execution of indemnity agreements and collateral transfers.
  • Coordinate bond execution and delivery with the client fulfillment team, ensuring documentation is up-to-date through the use of AonBondLink.
  • Regularly meet with markets to understand how they price their products, the capacity they have available for each bond type, and the nuances of surety market indemnity agreements.
Requirements
  • Minimum of 3 years of surety validated experience, with prior underwriting or brokerage experience preferred.
  • Understanding of financial and accounting principles, with the ability to demonstrate sound business judgment in evaluating the financial condition, credit history, experience, and character of contract accounts.
  • Validated analytical ability to evaluate and judge underwriting risks within scope of responsibility.
  • AFSB (Associate in Fidelity and Surety Bonding) certification preferred or on the path to certification with completion of the designation an expectation of continuing employment.
  • Demonstrates strong ability to communicate sophisticated analyses and information in understandable written and/or oral directives for underwriting or training purposes.
  • Demonstrates strong communication and social skills in dealing with clients, surety markets, CPAs, bankers, attorneys, etc., required to build and maintain good business relationships.
What We Offer

Aon provides a comprehensive package of benefits for full-time and regular part-time colleagues, including a 401(k) savings plan with employer contributions, an employee stock purchase plan, consideration for long-term incentive awards, 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.

Aon is an equal opportunity workplace and welcomes applications from all. We provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process, and to perform essential job functions once onboard.

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