Account Executive and Broker II, Professional Liability-- New York (hybrid) jobs in United States
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Aon · 2 days ago

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

Aon is in the business of better decisions, aiming to protect and enrich the lives of people around the world. The Account Executive/Broker II will provide detailed support on complex Professional Liability insurance placements and ensure client needs are met promptly and accurately while maintaining quality standards.

ConsultingProfessional ServicesRisk Management

Responsibilities

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”)
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. Prepare and/or check client invoices prepared by AVP
Review and prepare wording comparisons, consolidated policy wordings, letters and reports under the direction of the MD
Ensure all communications, both written and verbal, received from clients, insurers and other Aon offices are acknowledged promptly by working with the MD
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 MD. 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 MD
Review insurance summaries prepared by AVP
Review client Insurance requirements, and other client risk and insurance issues and prepare responses in collaboration with the MD
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

Qualification

Professional Liability insuranceNew York State Brokers LicenseEmployment Practices LiabilityManagement LiabilityTechnology Errors & OmissionsCyber insurancePC office productsEnergeticWriting skillsTeam collaborationOrganizational skillsAttention to detailFlexibility

Required

Minimum 5 years Professional Liability insurance experience
Bachelor's degree
New York State Brokers License (or willingness to obtain such license within a reasonable timeframe)
Proficiency in PC office products such as Word, Excel, Power Point and Outlook is required
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

Preferred

Employment Practices Liability, Management Liability, Technology Errors & Omissions, and Cyber insurance experience an asset

Benefits

401(k) savings plan with employer contributions
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
Employee assistance program that includes free counseling sessions

Company

Aon is a global provider of risk management, insurance and reinsurance brokerage, human resources solutions, and outsourcing services.

Funding

Current Stage
Public Company
Total Funding
$1.94B
Key Investors
Citibank NABerkshire Hathaway
2023-10-24Post Ipo Debt· $1B
2021-05-17Post Ipo Equity· $942.6M
1987-01-01IPO

Leadership Team

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Alejandro Galizia
CEO Latin America, AON
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Andy Marcell
CEO Global Solutions
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Company data provided by crunchbase