Account Executive, Property & Casualty

Company:  Aon
Location: Chicago
Closing Date: 18/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Aon is looking for an Account Executive/Broker - Property & Casualty

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting commercial risk solutions, in Chicago, IL. As an Account Executive/Broker - Property & Casualty (VP & Director), you will report directly to the Senior Vice President and Executive Director.

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

  • Acts as senior client contact and account manager for a book of new and recurring property and casualty business focused on major law firms, accounting firms, and consulting firms.
  • Support continued growth by providing exceptional client service, leading the account renewal process and strategy, identifying and recommending coverage and markets, and preparing and presenting renewal strategies and proposals to clients.
  • Lead negotiation of insurance placements.
  • Possess a high attention to detail and strong technical property and casualty insurance knowledge base needed to meet the growing needs of highly sophisticated clients.
  • Primary client contact for day-to-day coverage questions and contract reviews.
  • Proactively coordinate renewal cycle to ensure all necessary steps are completed in a timely fashion.
  • Prepare and present renewal strategy.
  • Recommend additional products and services to client.
  • Answer client questions on applications and requested renewal information.
  • Prepare and/or check market submissions.
  • Analyze quotes from carriers and negotiate terms and conditions.
  • Communicate and maintain good working relationships with markets.
  • Prepare and explain policy coverage comparisons.
  • Prepare and present renewal proposal.
  • Responsible for binding of renewal coverage and the accuracy of programs that are bound.
  • Review and approve work done by associate team members and provide guidance and oversight on certificates, endorsements, audits, invoicing, and policy checking.
  • Monitor claims activities and assist clients with claims questions.
  • Coordinate with professional liability account executives on overall client service delivery.
  • Engage and coordinate activity, where required, with local Aon offices, and other Aon resources, including Aon Global Client Network and Aon Property Risk Consulting, to ensure smooth coordination of all client activity.
  • Assist in development of sales documents and presentations to prospective new clients.
  • Assist other team members when needed.
  • Provide support for other team members during their absence.
  • Undertake various duties as assigned.

Skills And Experience That Will Lead To Success

  • Bachelor’s degree
  • CPCU designation and/or MBA preferred, but not essential
  • At least ten years of relevant Property/Casualty experience
  • Illinois P&C Brokers License, or secure immediately on acceptance
  • Proficient in Microsoft Outlook, Word and Excel
  • International/Global program experience a plus
  • Strong technical property and casualty knowledge
  • Ability to present and clearly explain the details of property and casualty programs to clients
  • Strong background in account management, servicing, placement and negotiation of property and casualty coverages
  • Ability to solve problems and think independently
  • Strong written and verbal communication skills
  • Ability to work well under pressure with attention to detail
  • Ability to organize, prioritize, monitor and control work flow deadlines
  • Be energetic/have a sense of urgency
  • Positive and flexible attitude.

How We Support Our Colleagues

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.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Pay Transparency Laws

The salary range for this position (intended for U.S. applicants) is $120,000 to $130,000 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.

We offer you

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; medical, dental and vision insurance, various types of leaves of absence, and paid time off.

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