Are you looking for an opportunity to take the next step in your Construction & Infrastructure Risk career? Keen to work with an experienced team who are motivated by exciting work and continuous learning?
Our Construction Services Group is seeking an Account Executive/Broker II to join their Chicago team. This is a hybrid role working 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.
What the day will look like:
- Collaborates with senior unit members to develop coverage strategy and marketing initiatives for renewal and prospective business
- Accurately and timely responding to client requests and inquiries
- Preparing new business and renewal and keeping them up to date
- Analyzes client specific risk exposure and details coverage requirements; prepares and presents marketing proposals for renewals and new business
- Establish and maintain positive relationships with the underwriting community, especially key partner markets
- Processing, and/or issuing where applicable, new policies and policy renewals, changes, additions, deletions and cancellations
- Reviewing and proofreading all assignments, acquiring accurate signatures and dispensing as appropriate
- Calculating adjustments and premiums on policies and other insurance and provider documents
- Lead, measure and report on ongoing insurance or risk retention programs
- Handle daily tasks and key assignments with appropriate technology tools
Skills and experience that will lead to success:
- 5+ years experience of commercial insurance experience, preference for those experienced in Construction
- Commitment to ongoing learning and professional development including insurance courses/certifications/designations
- Thorough analysis of current risk transfer programs, such as coverage and cost analysis and graphical representations of the program
- Insurance program structure planning and design of alternatives based on client objectives
- Prepare marketplace insurance submissions, coordinate, and assist in market meetings and negotiations, as appropriate
- Finalize all risk transfer quotes and complete a thorough comparison of program options as part of the client proposal presentation. Comparison to include changes in exposure, losses, coverage terms and conditions and cost of risk
- Contract Review
- Responsible for ensuring proper client service
- Policy and other related document checking
- Invoicing and other transactional duties
- Review and clearing audits and adjustments
- Claims review and analysis
- Assist team as needed, ie: special projects, daily backup
Education: Bachelor’s degree or equivalent years of industry experience.
- Property and Casualty Insurance license (if not, will be required within six months of employment)
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; medical, dental and vision insurance, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, and short-term disability; health savings account; employee assistance program that includes free counseling sessions.
How we support our colleagues:
In addition to our comprehensive benefits package, we encourage a diverse workforce. Our agile, inclusive environment allows you to manage your wellbeing and work/life balance. We call this Smart Working!
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.
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.
The salary range for this position: $120,000 to $200,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities.
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