Aon

Senior Vice President/Broker III - Financial Services Group

Aon$200K — $270K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of commercial insurance, risk management, and/or legal experience
  • Possession of a relevant property & casualty insurance producer license(s)
  • Proficient in Microsoft Office suite
  • Willingness to travel as needed
  • Strong verbal and written communication skills
  • Proven organizational skills with the ability to meet deadlines
  • Team player with attention to detail

Responsibilities

  • Assess and explain management and professional liability exposures for financial clients
  • Develop risk transfer solutions for management and professional liability
  • Analyze insurer policy forms and highlight differences
  • Negotiate favorable insurance policy terms with underwriters
  • Build professional relationships with clients and underwriters
  • Collaborate internally for timely project delivery
  • Stay updated on insurance market trends and share insights with clients
  • Manage assigned client accounts and participate in new business development

Benefits

  • 401(k) savings plan with employer contributions
  • Employee stock purchase plan
  • Medical, dental, and vision insurance
  • 15 days of paid vacation per year
  • 12 paid holidays
  • Tuition assistance and adoption assistance programs
  • Short-term and optional long-term disability insurance
  • Comprehensive employee assistance program including free counseling sessions
Full Job Description
Senior Vice President, Broker III - Financial Services Group

Do you want to join an industry-leading team and deliver innovative and real-world solutions to get results for our private and nonprofit clients? It will require having a passion for client service and a high level of performance and management liability insurance expertise.

This is a hybrid role to work in Chicago, IL office.

What the day will look like
  • Assess, understand and explain the management and professional liability exposures of financial institution clients
  • Craft and build management and professional liability risk transfer solutions
  • Compare and explain differences in insurer policy forms
  • Negotiate market-leading insurance policy terms and conditions with underwriters
  • Develop and lead professional relationships with clients and underwriters
  • Collaborate with internal colleagues to timely deliver professional work product
  • Stay current and present to clients on insurance market participants, developments, trends and underwriting practices
  • Participate as needed in unscheduled client matters including claim consultation, noticing and resolution; mergers, acquisitions and divestitures; and initial public offerings
  • Manage an assigned book of client accounts
  • Participate in new business development opportunities


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

Required Experience:
  • 10+ years of commercial insurance, risk management and/or legal experience
  • Acquire and/or maintain appropriate property & casualty insurance producer license(s)
  • Proficiency in Microsoft Office suite of products
  • Willingness and ability to travel
  • Effective oral presentation and written communication ability
  • Ability to methodically work through a project-plan and meet immovable deadlines
  • Attention to detail and ability to multi-task
  • Experience working in a team environment


Education: Bachelor's degree in Insurance, risk management, legal and/or finance-related degree preferred or equivalent work experience

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.

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 $200,000 - $270,000 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 Illinois. 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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