Job Information
AON Account Executive II in Chicago, Illinois
Aon is looking for an Account Executive/Broker II in Chicago, IL
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Risk - Construction Services Group in Chicago, IL
Working with senior members of the team, your impact as an Account Executive II would include:
Thorough analysis of current risk transfer programs, such as coverage and cost analysis and graphical representations of the program
Insurance program structure planning and design of alternatives based on client objectives
Prepare marketplace insurance submissions, coordinate, and assist in market meetings and negotiations, as appropriate
Finalize all risk transfer quotes and complete a thorough comparison of program options as part of the client proposal presentation. Comparison to include changes in exposure, losses, coverage terms and conditions and cost of risk
Contract Review
Responsible for ensuring proper client service
Policy and other related document checking
Invoicing and other transactional duties
Review and clearing audits and adjustments
Claims review and analysis
Assist team as needed, ie: special projects, daily backup
Knowledge, skills, proficiency, and experience that will lead to success:
Excellent social skills – listening, speaking, and writing
Easily harmonize with high level clients
Strong analytical skills
Solid presentation skills
Capable meeting deadlines
Prioritize tasks according to importance and volume, but able to flex and adapt quickly to changing priorities
Attention to detail, review work and peer review
Time management and ability to multi-task
Demonstrated ability to work independently
Ability to work within and support a team environment
Meet all Aon and regulatory compliance requirements
Good math and reasoning skills
Strong digital literacy, including:
Possess advanced Excel skills to summarize and analyze data
Ability to import/export data from various sources
Proficiency using Word
Proficiency using PowerPoint
Resourcing information
Experience using Outlook and other related MS Office tools
What the day will look like:
Collaborates with senior unit members to develop coverage strategy and marketing initiatives for renewal and prospective business
Accurately and timely responding to client requests and inquiries
Preparing new business and renewal and keeping them up to date
Analyzes client specific risk exposure and details coverage requirements; prepares and presents marketing proposals for renewals and new business
Establish and maintain positive relationships with the underwriting community, especially key partner markets
Processing, and/or issuing where applicable, new policies and policy renewals, changes, additions, deletions and cancellations
Reviewing and proofreading all assignments, acquiring accurate signatures and dispensing as appropriate
Calculating adjustments and premiums on polices and other insurance and provider documents
Lead, measure and report on ongoing insurance or risk retention programs
Handle daily tasks and key assignments with appropriate technology tools
Preferred Experience:
Bachelor’s degree
Property and Casualty Insurance license (if not, will be required within six months of employment) ARM, CRIS designation
Required Experience:
High School Diploma or equivalent
Five years in predominately casualty broking or underwriting environment
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.
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.
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
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 $120,000 to $200,000 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] [production incentives] 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 p rogram that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
#LI-BK1
2537860 Aon is looking for an Account Executive/Broker II in Chicago, IL
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Risk - Construction Services Group in Chicago, IL
Working with senior members of the team, your impact as an Account Executive II would include:
Thorough analysis of current risk transfer programs, such as coverage and cost analysis and graphical representations of the program
Insurance program structure planning and design of alternatives based on client objectives
Prepare marketplace insurance submissions, coordinate, and assist in market meetings and negotiations, as appropriate
Finalize all risk transfer quotes and complete a thorough comparison of program options as part of the client proposal presentation. Comparison to include changes in exposure, losses, coverage terms and conditions and cost of risk
Contract Review
Responsible for ensuring proper client service
Policy and other related document checking
Invoicing and other transactional duties
Review and clearing audits and adjustments
Claims review and analysis
Assist team as needed, ie: special projects, daily backup
Knowledge, skills, proficiency, and experience that will lead to success:
Excellent social skills – listening, speaking, and writing
Easily harmonize with high level clients
Strong analytical skills
Solid presentation skills
Capable meeting deadlines
Prioritize tasks according to importance and volume, but able to flex and adapt quickly to changing priorities
Attention to detail, review work and peer review
Time management and ability to multi-task
Demonstrated ability to work independently
Ability to work within and support a team environment
Meet all Aon and regulatory compliance requirements
Good math and reasoning skills
Strong digital literacy, including:
Possess advanced Excel skills to summarize and analyze data
Ability to import/export data from various sources
Proficiency using Word
Proficiency using PowerPoint
Resourcing information
Experience using Outlook and other related MS Office tools
What the day will look like:
Collaborates with senior unit members to develop coverage strategy and marketing initiatives for renewal and prospective business
Accurately and timely responding to client requests and inquiries
Preparing new business and renewal and keeping them up to date
Analyzes client specific risk exposure and details coverage requirements; prepares and presents marketing proposals for renewals and new business
Establish and maintain positive relationships with the underwriting community, especially key partner markets
Processing, and/or issuing where applicable, new policies and policy renewals, changes, additions, deletions and cancellations
Reviewing and proofreading all assignments, acquiring accurate signatures and dispensing as appropriate
Calculating adjustments and premiums on polices and other insurance and provider documents
Lead, measure and report on ongoing insurance or risk retention programs
Handle daily tasks and key assignments with appropriate technology tools
Preferred Experience:
Bachelor’s degree
Property and Casualty Insurance license (if not, will be required within six months of employment) ARM, CRIS designation
Required Experience:
High School Diploma or equivalent
Five years in predominately casualty broking or underwriting environment
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.
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.
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
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 $120,000 to $200,000 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] [production incentives] 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 p rogram that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
#LI-BK1