Premium Finance Specialist

This role is preferred hybrid in Chicago or New York but may consider remote.

Job Responsibilities:

• Identify clients and prospects who might be candidates for financing by meeting with account teams and office leaders to review renewal and target lists.
• Generate new premium finance loans while driving the client retention process.
• Research, analyze and prepare proposals and finance agreements for ARS clients either using software or direct contact with a premium finance company. Provide direction to clients and Aon colleagues regarding premium finance questions and issues.
• Capture account data from ARS account teams on renewal and prospect clients and work with the premium finance company to resolve appropriate deal structure to optimize the opportunity.
• Proposal creation and follow-up including design and negotiate insurance premium finance alternatives
• Maintain various account tracking logs/databases as the need arises. Knowledge of Bridge and BrokerDesktop.
• Development relationships with local market leaders, AE practice leaders, and regional leaders to drive growth and lead benchmark targets
• Customer Service, including responding to inquiries from Aon management, producers, insurers and/or clients
• Support the Aon Premium Finance President in driving financing growth within the assigned Aon Regions
• Work to resolve outstanding premium finance debts, as vital.
• Provide premium finance training & educations to Aon account teams

Skills and experience that will lead to success

Required Experience:

• Knowledge of Financial documents, Insurance industry structure, policies, and issues. Basic knowledge of types of insurance coverages, ability to read binders, and basic understanding of insurance
• 1-3 years of insurance premium finance experience preferred, or insurance industry experience.
• Strong written and verbal communications skills, including negotiating and development/delivery of clear and concise presentations.
• Self-motivated, results oriented, able to work in fast-paced team environment.
• Ability to work on multiple projects at one time.
• Experience with Microsoft products including Copilot/ChatGPT
• Strong Excel skills

Education:

• Bachelor's degree preferred or relatable premium finance or insurance industry work experience

How we support our colleagues:

In addition to our comprehensive benefits package, we encourage an inclusive 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 and inclusive workplace where all colleagues feel empowered to be their authentic selves.

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

The salary range for this position (intended for U.S. applicants) is $90,000 to $105,000 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.

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. #LI-AM4