Job Information
AON Account Executive, Property & Casualty in Chicago, Illinois
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
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 $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. 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.
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; 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.
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2548935
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
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 $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. 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.
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; 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.
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#LI-HYBRID