Do you want to work with our private and nonprofit financial services group who are both dedicated and an industry leader?
Financial Services Group (FSG) is a market leader in management liability insurance brokerage!
This is a hybrid role with the flexibility to work both virtually and from our Chicago, IL office location.
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
- Develop and maintain thorough knowledge of private and nonprofit management liability insurance marketplace, products and services, developing productive business relationships with key insurance underwriters.
- Develop and maintain effective working relationships with appropriate external client contacts and other internal Aon clients.
- Provide effective responses on a timely basis. Do so in consultation with a senior team member where appropriate.
- Facilitate the compilation of submission information in conjunction with appropriate external client contacts and internal Aon clients.
- Provide broking status and continuous support and service to clients during entire broking process and entire period of engagement by client (this is a continuous process).
- Learn and understand all elements of client presentations and develop skill set in development of basic presentations / presentation sections including technical writing. Develop verbal presentation skills.
- Develop and utilize effective negotiation skills.
- Responsible for all aspects of client service for assigned book of business including, billing, policy collection, review and transmittal in accordance with established departmental service standards.
- Establish basic understanding of claims administration process and utilize the claims and legal advocacy group for claim administration and counsel as per established protocols and as directed by senior team members.
- Drive utilization of all available technology throughout broking process and client service process.
- Understand the causes of E&O and avoid and adopt practices to reduce exposure.
- Adhere to all best practices established by the practice.
- Replicate effective products/solutions and develop broking opportunities.
- Retain and grow assigned clients/prospects.
- Adhere to the highest standards of professionalism and ethical behavior in all activities.
How this opportunity is different
The Financial Services Group (FSG) is Aon's dedicated management liability insurance specialty practice with deep experience in directors' and officers' (D&O), employment practices liability (EPL), fiduciary, crime, and kidnap, ransom, and extortion (KRE). FSG works closely with Aon's Cyber Solutions Cyber Broking team to deliver seamless advice and insurance placement across key financial lines, including errors and omissions (E&O). The FSG team comprises insurance professionals dedicated to serving the needs of our clients.
Skills and experience that will lead to success
- Attention to detail, ability to multi-task, and exceptional organizational skills.
- 3+ years of financial lines insurance brokerage and/or underwriting experience with a concentration on Directors & Officers Liability, Employment Practices, Fiduciary, Crime and Special Crime.
- Demonstrated skills working with teams and ability to work with clients.
- Proven organizational skills and ability to work with others across the organization.
- Strong interpersonal skills, with the ability to interact effectively at various levels.
- Successfully operate in a fast-paced driven environment that requires the ability to handle multiple tasks simultaneously.
- Must maintain appropriate broker's license.
- Proficient in Microsoft Office suite of products.
Education
Bachelor's degree required.
How we support our colleagues
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.
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. People with criminal histories are encouraged to apply.
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.
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.
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 $80,000 - $110,000 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. The salary range reflected is based on a primary work location of Chicago, IL. The actual salary may vary for applicants in a different 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.
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