Jobs · Finance · Illinois

Cyber and E&O Broker

Aon · Chicago, IL · 2 wk ago
On-siteFinance$70k–$90k/yrFull-time

Aon is in the business of better decisions. 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.

About the role

This role is hybrid working from our Chicago, IL office. Join our Cyber Broking team to broker strategic approaches to cyber policy statements and help clients manage cyber risk.

Aon’s Cyber Solutions is uniquely qualified to offer clients tools to assess, test, quantify, transfer, and respond to cyber risk exposures. Recognized as one of the industry’s premier resources in cyber risk management, our multidisciplinary team of 600+ global professionals offers strong technical and investigative proficiency, improved consulting and risk transfer expertise, long-standing carrier relationships, and robust claims handling capabilities.

Responsibilities

  • Demonstrate detailed knowledge of Cyber/E&O insurance marketplace and our team’s products and services
  • Demonstrate ability to place a layered program ($50M+) from start to finish
  • Own all aspects of client service for your assigned book of business and new business opportunities in coordination with other team members and by using the deal flow process
  • Optimally connect with other team members and administrative staff to ensure accurate prioritization of workflow
  • Apply effective negotiation skills to improve broking results for clients
  • Use data, own experience, others’ perspectives, and a clear methodology to improve client programs and build opportunities with prospective client programs
  • Work in an Aon United fashion to cross-sell Cyber Solutions products and services
  • Successfully apply the claims and legal advocacy group for claim administration and counsel to assist with claim resolution
  • Apply effective underwriter relationships to improve broking results
  • Proactively develop and complete a pipeline strategy for new business
  • Act as a mentor to more junior team members
  • 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

Requirements

  • 1+ year of insurance brokering, underwriting or account management experience, preferably within Cyber and E&O lines
  • Proficiency in Microsoft Office Suite such as Word, Excel, PowerPoint
  • Ability to form relationships
  • Active P&C License or the ability to obtain one within 120 days (Aon pays for)
  • Bachelor’s degree or equivalent experience

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

Eligibility for benefits is governed by the applicable plan documents and policies.

Pay

The salary range for this position (intended for U.S. applicants) is $70,000 - $90,000 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.

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