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Aon · 5 days ago

Account Executive III

New York, NY

Full-time

Onsite

Senior Level

$170K/yr - $250K/yr

5+ years exp

Aon is a global professional services firm that is seeking an Account Executive III to join their Construction Services Group in New York City. The role involves developing coverage strategies, responding to client inquiries, preparing marketing proposals, and maintaining relationships with the underwriting community.

ConsultingProfessional ServicesRisk Management

Responsibilities

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

Qualification

Commercial insurance experienceConstruction risk expertisePropertyCasualty Brokers LicenseRisk transfer analysisInsurance program designClient serviceContract reviewClaims analysisInvoicing dutiesPolicy document checking

Required

5+ years experience of commercial insurance experience, preference for those experienced in Construction

Commitment to ongoing learning and professional development including insurance courses/certifications/designations

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

Bachelor's degree in or equivalent years of industry experience

A Property and Casualty Brokers License is required, or must be obtained within 120 days of hire if not already active