Vice President, Professional Services Group

Posting Description:

Account Executive/Broker II - (Professional Liability) New York (hybrid)

Provide detailed support to Senior Vice-President on complex Professional Liability, Employment Practices Liability, Management Liability, and Cyber insurance placements; ensure all clients’ needs are promptly and accurately satisfied; ensure all deadlines are met on a timely basis; ensure quality standards are maintained and handle projects independently and creatively. Grasp topics involving our specialty law firm niche. Act on behalf of the Senior Vice-President (“SVP”) in their absence. Being able to work collaboratively as part of a team is vital. Knowledge of broking Professional Liability insurance is important.

This is a hybrid role and will require you to work out of our New York City office on average 3 days a week.

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 team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Day to day servicing activities for law firm clients.
• Maintain responsibility for renewal cycles of law firm clients’ Professional Liability insurance programs. Proactively coordinate renewal cycle to ensure all necessary steps are completed in a timely fashion. Prepare and/or check renewal invitation letters, application reviews, market submissions, terms reports, putting up the firm orders to various insurance companies, ensuring that coverage is bound prior to the effective date, and responding to client requests and inquiries.
• Review completed applications and underwriting submission materials prepared by Assistant Vice President (“AVP”) and Associate.
• Prepare renewal strategy documents including benchmarking information and contribute in renewal strategy discussions with client.
• Prepare and check market quotes, binders and policy documentation.
• Ensure client, marketing and claims files are maintained in a timely fashion.
• Check computations of premiums and taxes prepared by AVP and Associate. Prepare and/or check client invoices prepared by AVP and Associate.
• Review and prepare wording comparisons, consolidated policy wordings, letters and reports under the direction of the SVP.
• Ensure all communications, both written and verbal, received from clients, insurers and other Aon offices are acknowledged promptly by working with the SVP.
• Coordinate activity with other Aon offices to ensure smooth completion of all client and marketing activity.
• Responsible for broking to markets on placements, including marketing and development of renewal terms under the direction of the SVP. Need for comprehensive understanding of Professional Liability insurance coverage terms critical to broking to markets.
• Responsible for placing complex Professional Liability insurance towers in coordination with SVP
• Review insurance summaries prepared by AVP.
• Review client Insurance requirements, and other client risk and insurance issues and prepare responses in collaboration with SVP.
• Willingness to travel as necessary.
• Check all data into the Client Information System (CIS), GRIP, and other various databases/systems.
• Maintain daily diary and outstanding list on the client renewal accounts.
• Prepare and assist in development of sales documents, presentations and RFP responses to prospective new clients.
• Participate in practice building and business development activities as needed

Skills and experience that will lead to success

• Minimum 5 years Professional Liability insurance experience.
• Employment Practices Liability, Management Liability, and Cyber insurance experience an asset.
• Good writing and communication skills.
• Ability to listen and work successfully in a team.
• Strong organizational and interpersonal skills.
• Ability to work well under pressure with significant attention to detail.
• Ability to organize, prioritize, monitor and control work flow deadlines and be flexible.
• Technically/detail oriented.
• Be energetic/have a proven sense of urgency.

Education :

• Bachelor’s degree
• New York State Brokers License (or willingness to obtain such license within 4 months).
• Proficiency in PC office products such as Word, Excel, Power Point and Outlook is required

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.

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. 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 are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at [email protected] or your recruiter. We will work with you to meet your needs and ensure a fair and equitable 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.

Your employment is contingent upon obtaining and maintaining the P&C license in the required states, as designated by Aon. You must successfully complete the required course work and pass the examinations within 120 days of your start date. You will be expected to pass the examination in no more than three attempts. If you do not pass after your third attempt, your employment with Aon will be terminated immediately. In addition, you will complete all required paperwork necessary in obtaining the license. Aon will be responsible for paying the costs associated with the coursework and examinations according to the Aon licensing policy, for up to three attempts. Failure to meet these requirements will result in the termination of your employment with the firm

Pay Transparency Laws

The salary range for this position (intended for U.S. applicants) is $130,000 to $145,000 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.

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.