Aon

Broker, Financial Services Group

Aon$88K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1+ years in brokering, underwriting, and/or relevant executive liability experience.
  • Excellent negotiation skills.
  • Proficient in Microsoft Office Suite (Word, PowerPoint, Excel, Outlook).
  • Strong written and verbal communication skills.
  • Bachelor's degree or equivalent industry experience.

Responsibilities

  • Learn and assess client needs; craft solutions and negotiate with insurance carriers.
  • Support senior brokers with renewal strategies, proposals, submissions, and data analysis.
  • Manage daily activities within established guidelines with general instructions.
  • Assist in the processing of policy and related documents.
  • Apply technical skills for client analysis and underwriting to improve client programs.
  • Maintain relationships with external clients and internal colleagues.
  • Assist in developing client presentations alongside senior team members.

Benefits

  • 401(k) savings plan with employer contributions.
  • Employee stock purchase plan and long-term incentive awards eligibility.
  • Comprehensive medical, dental, and vision insurance.
  • Paid time off, including 12 paid holidays and 15 days of vacation per year.
  • Tuition assistance and adoption assistance programs.
Full Job Description
Broker, Financial Services Group

Currently we have an exciting career opportunity for a Broker I within Aon Commercial Risk Solutions' Financial Services Group ("FSG").

Are you ready to begin a new challenge and work with the best Insurance Professionals in the business? Then this just maybe the new opportunity you are looking for!

This Broker role is responsible for developing and implementing strategic risk management solutions for large, global clients. This includes the design, marketing and service management of insurance programs in numerous industry sectors. This individual should have proven peer market relationships and emerging senior market relationships.

This opportunity is a hybrid to work from our New York, NY office.

What the day will look like
  • Responsible for learning and assessing client needs, crafting solutions and negotiating with insurance carriers to acquire coverage that is in a client's best interests. Coverages include: Directors and Officers Liability, Employment Practices Liability, Crime, Fiduciary Liability, and Kidnap/Ransom.
  • Accountable for routine support activities to brokers and senior brokers with defined deadlines, related to renewal strategy documents, proposals, submissions along with data analysis for the placement of insurance solutions.
  • Manages daily work within established guidelines and receives general instructions on newly introduced assignments.
  • Assists with the processing of policy and related documents.
  • Learn and apply technical skills including client analysis / underwriting and insurance program diagnostic skills to continually improve client programs and build opportunity with prospective client programs.
  • Ability to maintain effective working relationships with all external client contacts, prospects (primarily in the department of treasury, legal departments, or risk management) and internal Aon broker colleagues, producers, and account executives.
  • Assist with the development and delivery of effective client and prospect presentations in conjunction with senior team members.
  • Learn and apply effective negotiation skills to improve broking results for clients.
  • Effectively use the Aon FSG claims administration function and engage the claims and legal advocacy group for claim administration and counsel as per established protocols and as advised by senior team member.
  • May facilitate and/or participate in client/broker strategy meetings.
  • Property & Casualty license required within 6 months of hire date.


In addition, and as a part of the support of the team:
  • Provide efficient and effective support to senior FSG team members, internal Aon colleagues.
  • Always provide timely responses to clients and team members.
  • Effectively connect with other technical or other senior team members and administrative staff to ensure proper prioritization of workflow.


How this opportunity is different

The broker will be instrumental in the analysis of client's exposures to identify and mitigate risk as well as responsible for the coordination of the placement and day-to-day activities on accounts.

Skills and experience that will lead to success
  • 1+ years in brokering, underwriting, and / or other relevant executive liability proven experience.
  • Excellent negotiation skills.
  • Strong experience using Microsoft Office Suite (Word, PowerPoint, Excel and Outlook)
  • Excellent communication skills both written and verbal.


Education: Bachelor's degree required or equivalent years of industry experience.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $88,780 - $120,000 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 New York. 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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About Aon

Aon plc is a leading global professional services firm that provides a broad range of risk, retirement and health solutions. The company was founded in 1982 and is headquartered in London, England. Aon operates in more than 120 countries and has a team of over 50,000 employees. The company's services include risk management, insurance brokerage, reinsurance brokerage, human capital consulting, and retirement solutions. Aon is committed to helping clients manage risk and achieve their goals, and is known for its innovative solutions and industry expertise. The company is listed on the New York Stock Exchange under the ticker symbol AON.
Learn more about Aon
Size
50,000 employees
Market Cap
$62.1 billion
Industry
Net Income
$1.9 billion
5 Year Trend
+5.3%
Revenue
$11 billion
NASDAQ

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