Aon

Broker I, Casualty

Aon$83K — $118K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of experience as a casualty broker in primary placements or similar roles
  • Bachelor's degree or equivalent experience in the industry
  • Property and Casualty Brokers License required (can be obtained on the job)
  • Strong understanding of insurance company management and underwriting teams
  • Excellent written and verbal communication skills for professional interactions
  • Detail-oriented, organized, and a multi-tasking ability

Responsibilities

  • Analyze current risk transfer programs including coverage and costs
  • Plan and design insurance program structures and alternatives
  • Conduct benchmarking analysis for limits and coverage terms
  • Prepare marketplace insurance submissions and lead market negotiations
  • Finalize quotes and present comprehensive client proposals
  • Act as market contact as assigned in accordance with policy
  • Educate and advise team members on coverage issues and market developments

Benefits

  • 401(k) savings plan with employer contributions
  • Employee stock purchase plan
  • Medical, dental, and vision insurance
  • 15 days of paid vacation and 12 paid holidays
  • Short-term disability and optional long-term disability
  • Tuition assistance and adoption assistance
  • Employee assistance program with free counseling sessions
Full Job Description
Broker I, National Casualty

The National Casualty Practice is a premier team of casualty brokerage professionals with extensive experience in representing buyers of primary and umbrella/excess liability. We are looking to add a broker to our Primary Casualty team! We are considering applicants in Dallas and Houston, Texas!

This is a hybrid role with at least three days a week in the office.

How this opportunity is different

Our primary brokers are experts in their field and handle a variety of clients and program structures. You'll work closely with a diverse team of seasoned brokers, accounts executives, and risk analysts, each bringing a wealth of knowledge and experience to the table. This position offers you a unique opportunity to develop professionally, expand your expertise, and make an impact in the world of primary casualty. Thank you for your time and consideration.

What the day will look like
  • Thorough analysis of current risk transfer programs to include coverage and cost analysis and a graphical representation of the program.
  • Insurance program structure planning and design of alternatives.
  • Provide benchmarking analysis related to limits and coverage terms.
  • Prepare all marketplace insurance submissions, coordinate and conduct market meetings and negotiations as appropriate in coordination with Account Executives. May include some travel.
  • Finalize all quotes and complete a thorough comparison of program options as part of the client proposal presentation. Comparison to include changes in exposures, losses, collateral, coverage terms and conditions and cost of risk.
  • Serve as a primary or secondary market contact as assigned and in accordance with established policy.
  • As part of a team, you are expected to educate and advise fellow team members on coverage issues, markets, and related developments.
  • Serve as team member for Aon's broking library and periodically contribute to the library and related best practices.

Skills and experience that will lead to success
  • Casualty broker with 2+ years of experience working in primary placements and/or in casualty. Will be asked to work directly with clients as lead broker or secondary broker to build primary casualty programs, as well as participate on new business opportunities.
  • Attention to detail, ability to multi-task, exceptional organizational skills, ability to make and communicate difficult decisions.
  • An experienced primary casualty broker or underwriter with a solid understanding of and relationships with insurance company management and underwriting teams/personnel.
  • Strong written and communication skills necessary to communicate in a professional manner with clients and the marketplace.
  • A strong team player who understands the roles and responsibilities of other Aon professionals on the team, assumes responsibility for the timely delivery of a professional work product in accordance with assigned roles, and facilitates communication among team members.
  • Promote creativity in presenting new ideas and approaches for clients or prospects; promote a positive attitude in always trying to improve a program.

Education:
  • Bachelor's degree or equivalent years of industry experience.
  • Property and Casualty Brokers License is required (can be attained on the job)


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.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

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 $83,800 - $118,900 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.

A summary of all the benefits offered for this position:

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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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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