Insurance Broker II
2 weeks ago
Aon is seeking a highly skilled Broker II to join our National Primary Casualty Practice in Chicago. As a key member of our team, you will be responsible for developing and implementing customized risk solutions for our clients in the primary and umbrella/excess liability markets.
Key Responsibilities- Review clients' exposures and loss experience to develop solutions for their needs
- Understand the distinctions of clients' industries and provide advice accordingly
- Participate in pre-strategy meetings to create renewal strategies
- Responsible for creating renewal strategies and submission documents
- Analyze quotes from carriers and provide analysis to clients and client team members
- Creates quote comparisons that include identification of differences against expiring, coverage trigger, surplus lines or admitted, auditable or non-auditable, exclusions, non-concurrencies, subjectivities, and etc.
- Responsible for the order to bind & the accuracy of programs based on client direction
- Reviews policies for accuracy and requests changes/corrections from underwriters
- Responsible for following up for any open items or subjectivities
- Maintains contact and relationships with day-to-day client team to effectively service client needs
- Builds and maintains relationships within National Primary Casualty Practice, insurance markets, and clients
- Develops and maintain strong working relationships with carriers and/or underwriters
- Acts as the primary source of information concerning market conditions, including pricing trends, coverage grants, and other underwriting parameters
- Engages with National Primary Casualty Practice leadership in product innovation and creative solutions for clients
- Works closely with account executives, producers, and client teams to support client retention and new business production
- Articulates the value of the broking function and participates in fee discussions as applicable
- Provides leadership, mentoring and direction to brokers, associate brokers and other colleagues in the development of their broking knowledge and transaction expertise
- Utilizes the network of Aon resources to develop and implement effective risk solutions
- Adheres to Aon Quote Disclosure Standards
Aon is a global professional services firm that provides a range of risk management and insurance brokerage services to clients around the world. We are committed to helping our clients make better decisions about their risk and insurance needs, and to providing our colleagues with the resources and support they need to succeed.
What We Offer- A comprehensive benefits package, including medical, dental and vision insurance, 401(k) savings plan, and employee stock purchase plan
- Opportunities for professional development and growth, including training and education programs
- A diverse and inclusive work environment, with a range of flexible work arrangements
- Access to industry-leading resources and expertise, including data, research, and collaboration with subject matter experts
- 10+ years of relevant insurance P&C business experience
- Proven knowledge of Casualty (Workers Compensation, Commercial Auto, General Liability, Umbrella/Excess)
- Strong understanding of casualty risks and carrier appetites
- Broad relationships with the carriers that write casualty P&C business
- Strong collaboration and communication skills
- Strong experience using Microsoft Suite (Word, Excel, PowerPoint, and Outlook) and presentation skills
- Bachelor's degree or equivalent years of industry experience
- Property and Casualty Brokers License is required
If you are a motivated and experienced professional looking for a new challenge, please submit your application, including your resume and a cover letter, to our careers website.
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