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The role involves brokering strategic cyber and E&O policy statements and managing layered programs exceeding $50M. Responsibilities include owning client service for an assigned book of business and developing new business pipeline strategies.
Requirements
Candidates need at least one year of experience in insurance brokering, underwriting, or account management, preferably in Cyber and E&O lines. A bachelor's degree and an active P&C license (or the ability to obtain one within 120 days) are required.
Full job description
Cyber and E&O Broker
Are you seeking an opportunity to be a part of our growing, full service Cyber Solutions team by brokering strategic approaches to cyber policy statements? Join our Cyber Broking team now!
This is a hybrid role with the flexibility to work both virtually and from our Chicago, IL office.
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, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like
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 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
How this opportunity is different
Global strategic acquisitions have strengthened Aon’s fight against cyber risk. We are purpose built to be our clients’ best asset against cyber threats. Aon’s Cyber Solutions is uniquely qualified to offer clients tools to assess, test, quantify, transfer, and respond to cyber risk exposures. Aon is recognized as one of the industry’s premier resources in cyber risk management, and 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.
Skills and experience that will lead to success
Required Experience:
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).
Education: Bachelor’s degree or equivalent 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.
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.
Pay Transparency Laws:
The salary range for this position (intended for U.S. applicants) is $70,000 -$90,000annually. 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.
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Cyber InsuranceErrors and OmissionsP&C LicenseRisk ManagementBrokingUnderwritingAccount ManagementLayered ProgramsMicrosoft WordMicrosoft ExcelMicrosoft PowerPointRisk TransferClaims HandlingCyber SolutionsFinancial & Professional Retail Broking
We exist to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.
Offices: 122 Leadenhall Street, London, EC3V 4AN, GB · 200 East Randolph St., Chicago, IL 60601, US · 201 Kent St, Sydney, NSW 2000, AU · 1650 Market St, Philadelphia, PA 19103, US · Noida, UP 201303, IN
professional servicesaviationenergyenvironmentalpowerrisk managementinsuranceactuarial & analyticsbrokeragecrisis management
We exist to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.
Offices: 122 Leadenhall Street, London, EC3V 4AN, GB · 200 East Randolph St., Chicago, IL 60601, US · 201 Kent St, Sydney, NSW 2000, AU · 1650 Market St, Philadelphia, PA 19103, US · Noida, UP 201303, IN
professional servicesaviationenergyenvironmentalpowerrisk managementinsuranceactuarial & analyticsbrokeragecrisis management