Job Information
AON Mergers & Acquisitions - Property & Casualty Broker in New York, New York
Mergers & Acquisitions - Property & Casualty Broker
Do you enjoy working with clients and carriers to build upon relationships starting with an existing book of business?
This role will have the flexibility to work both virtually and within our New York, NY Aon office location.
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.
What the day will look like
Develop and maintain thorough knowledge of Property and Casualty insurance coverage with a focus on clients with P&C.
Develop productive business relationships with key insurance underwriters and develop or maintain comfort with carriers online platforms or access points
Develop and maintain effective working relationships with Aon M&A Project Managers, Producers and Account Executives.
Review and assist in budgeting and placement of P&C insurance Portfolio Companies for Private Equity firms’ prospective portfolio companies, including but not limited to:
Reviewing current program for adequacy of coverage, gaps or opportunities for improvement.
Soliciting budgets under confidentiality in short time frame.
Utilizing benchmarking and forecasting tools to analyze coverage and cost needs.
Service a book of small commercial P&C Private Equity owned renewal accounts
Work toward deadlines and broking cycles that are often shorter than industry standards.
Develop and maintain a proficient understanding and utilization of Aon submission and quoting web base platforms.
Learn and understand all elements of client presentations and develop skill set in development of basic presentations / presentation sections including technical writing. Develop verbal presentation skills.
Develop and utilize effective negotiation skills
Responsible for all aspects of client service for assigned book of business including, billing, policy collection, review and transmittal in accordance with established departmental service standards
Drive utilization of all available technology throughout broking process and client service process
Understand the causes of E&O and avoid and adopt practices to reduce exposure
Adhere to all best practices
Replicate effective products/solutions and develop broking opportunities
Retain and grow assigned clients/prospects
Adhere to the highest standards of professionalism and ethical behavior in all activities
How this opportunity is different
Private Equity is a focused new business vertical for Aon's Mid-Market clients. Manage an existing book of business of Private Equity Firms and prospective clients while educating and advising clients with a P&C (Property & Casualty) focus.
Skills and experience that will lead to success
Required Experience:
Minimum of 2+ years of Property and Casualty insurance experience
Active Property & Casualty insurance license
Preferred Experience:
Small commercial P&C broking or underwriting experience a plus
Education:
Bachelor’s degree or equivalent experience
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!
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.
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. People with criminal histories are encouraged to apply.
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
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.
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 $80,000 - $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.
The salary range reflected is based on a primary work location of New York, NY. 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.
#ILI-KA1
#LI-HYBRID
2545569
Mergers & Acquisitions - Property & Casualty Broker
Do you enjoy working with clients and carriers to build upon relationships starting with an existing book of business?
This role will have the flexibility to work both virtually and within our New York, NY Aon office location.
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.
What the day will look like
Develop and maintain thorough knowledge of Property and Casualty insurance coverage with a focus on clients with P&C.
Develop productive business relationships with key insurance underwriters and develop or maintain comfort with carriers online platforms or access points
Develop and maintain effective working relationships with Aon M&A Project Managers, Producers and Account Executives.
Review and assist in budgeting and placement of P&C insurance Portfolio Companies for Private Equity firms’ prospective portfolio companies, including but not limited to:
Reviewing current program for adequacy of coverage, gaps or opportunities for improvement.
Soliciting budgets under confidentiality in short time frame.
Utilizing benchmarking and forecasting tools to analyze coverage and cost needs.
Service a book of small commercial P&C Private Equity owned renewal accounts
Work toward deadlines and broking cycles that are often shorter than industry standards.
Develop and maintain a proficient understanding and utilization of Aon submission and quoting web base platforms.
Learn and understand all elements of client presentations and develop skill set in development of basic presentations / presentation sections including technical writing. Develop verbal presentation skills.
Develop and utilize effective negotiation skills
Responsible for all aspects of client service for assigned book of business including, billing, policy collection, review and transmittal in accordance with established departmental service standards
Drive utilization of all available technology throughout broking process and client service process
Understand the causes of E&O and avoid and adopt practices to reduce exposure
Adhere to all best practices
Replicate effective products/solutions and develop broking opportunities
Retain and grow assigned clients/prospects
Adhere to the highest standards of professionalism and ethical behavior in all activities
How this opportunity is different
Private Equity is a focused new business vertical for Aon's Mid-Market clients. Manage an existing book of business of Private Equity Firms and prospective clients while educating and advising clients with a P&C (Property & Casualty) focus.
Skills and experience that will lead to success
Required Experience:
Minimum of 2+ years of Property and Casualty insurance experience
Active Property & Casualty insurance license
Preferred Experience:
Small commercial P&C broking or underwriting experience a plus
Education:
Bachelor’s degree or equivalent experience
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!
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.
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. People with criminal histories are encouraged to apply.
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
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.
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 $80,000 - $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.
The salary range reflected is based on a primary work location of New York, NY. 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.
#ILI-KA1
#LI-HYBRID