Jobs · Finance · Illinois

Broker II, Middle Market Practice

Aon · Chicago, IL · 4 wk ago
HybridFinance$125k–$145k/yrFull-time

About the role

You will be part of a leading team focused on providing innovative and effective solutions to support commercial risk management for our clients. As a Broker, you will report to the Regional Broking Leader. This hybrid position offers the flexibility to work 3 days a week from our Chicago office.

Responsibilities

  • Manage a portfolio of middle market accounts, including the placement and service, and ensure client results are maintained.
  • Act as the representative for the local office or region on new business and renewal opportunities.
  • Support local colleagues; promote and ensure connectivity, collaboration and cooperation within local office practices and team standards.
  • Develop coverage strategy and marketing initiatives for renewal and prospective business in the Middle Market segment.
  • Prepare, review, and approve client-ready documentation, including proposals, analysis, comparisons, mid-term changes for new business opportunities and renewals.
  • Participate in client and prospect meetings.
  • Market submission and product design options to clients, Account Executives, and Producers.
  • Negotiate with underwriters to establish best terms and conditions with respect to premiums and coverage.
  • Develop and maintain positive relationships with carriers that write both Middle Market and upper Middle Market P&C business.
  • Provide leadership, mentoring and direction to assist with growth and development of Associate Brokers or other members of the broking support teams.
  • Present current trends and issues to interested parties internally and externally.
  • Drive utilization of all available technology throughout the broking process and client service process.
  • Lead by example as a strong sponsor of Aon’s Leadership Model; supporting local colleagues; promoting and ensuring connectivity, collaboration and cooperation within local office practices, functions and fostering the sharing of knowledge, best practices and resources around our Property and Casualty accounts.

Requirements

  • A minimum of 6+ years of relevant insurance P&C business experience.
  • Proven knowledge of Casualty (Workers Compensation, Commercial Auto, General Liability, Umbrella/Excess) and Property coverages.
  • An understanding of Middle Market P&C risks and carrier appetites.
  • Knowledge of Benchmarking and Loss Analysis.
  • Strong relationships with the carriers that write Middle Market P&C business.
  • Outstanding collaboration and communication skills.
  • Strong Microsoft Suite and presentation skills.

Qualifications

  • A Bachelor’s degree or equivalent years of industry experience.
  • The willingness to obtain an active Property and Casualty license within 90 days of hire.

Skills

  • Minimum 6+ years of relevant insurance P&C business experience.
  • Proven knowledge of Casualty (Workers Compensation, Commercial Auto, General Liability, Umbrella/Excess) and Property coverages.
  • An understanding of Middle Market P&C risks and carrier appetites.
  • Knowledge of Benchmarking and Loss Analysis.
  • Strong relationships with the carriers that write Middle Market P&C business.
  • Outstanding collaboration and communication skills.
  • Outstanding Microsoft Suite and presentation skills.

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.
  • Variety of 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.

Pay

$125,000 to $145,000 annually.

Schedule

This is a hybrid position offering the flexibility to work 3 days a week from the Chicago office.

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