at AON in Chicago, Illinois, United States
Job Description
Broker II, Excess Casualty Practice
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of Aon’s Casualty Practice. This is a hybrid role with the flexibility to work both virtually and from our Chicago office. 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. How this opportunity is different Our colleagues have access to industry-leading resources and expertise through data, research, and collaboration with subject matter experts. You will have the ability to ensure our clients are better informed and better advised, so they can make better decisions about their future. What the day will look like Utilizing risk expertise and knowledge of industry and insurance marketplace, reviews clients’ exposures and loss experience and develops solutions for clients’ needs+ + Understands distinctions of clients industry and the related risks associated with industry and provides advice accordingly.
+ Analyzes quotes from carriers and provides analysis to clients and client team members including analysis of pricing and coverage, .
+ Creates quote comparisons and identifies differences against expiring, coverage trigger (occurrence, claims made, occurrence reported), surplus lines or admitted, and subjectivities, and etc.
+ Responsible for the order to bind & the accuracy of programs based on Client direction
+ Maintains contact and relationships with day-to-day client team to effectively service client needs.
+ Builds and maintains relationships within National 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.
+ Engage with National Casualty Practice leadership in product innovation and creative solutions for clients
+ Participates in pre-strategy meeting to create renewal strategy.
+ Responsible for creating the renewal strategy and submission documents.
+ Review policies for accuracy and requests changes from underwriters.
+ Responsible for following up for any open items or subjectivities.
+ 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.
+ Provide 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.
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! 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 connected, more relevant, and more valued. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Pay Transparency Laws: The salary range for this position (intended for U.S. applicants) is $120,000 to $200,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s 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. 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. LI-HYBRID #LI-CF1 #USA_IND 2537527 Broker II, Excess Casualty Practice As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of Aon’s Casualty Practice. This is a hybrid role with the flexibility to work both virtually and from our Chicago office. 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. How this opportunity is different Our colleagues have access to industry-leading resources and expertise through data, research, and collaboration with subject matter experts. You will have the ability to ensure our clients are better informed and better advised, so they can make better decisions about their future. What the day will look like Utilizing risk expertise and knowledge of industry and insurance marketplace, reviews clients’ exposures and loss experience and develops solutions for clients’ needs+ + Understands distinctions of clients industry and the related risks associated with industry and provides advice accordingly.
+ Analyzes quotes from carriers and provides analysis to clients and client team members including analysis of pricing and coverage, .
+ Cr