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The Junior Broker assists Account Executives in brokering and servicing professional service firm clients across various liability insurance programs. Key duties include negotiating placements, preparing underwriting submissions, and drafting policy documentation.
Requirements
Candidates should have a bachelor's degree and preferably 2+ years of Professional Liability experience. A Brokers or P&C license is preferred or must be obtained within six months of starting.
Full job description
Aon Is Looking for an Associate Broker to join our team!
Considering a job change? Take a look at Aon! This is a hybrid-based role located in our Chicago, IL office. This is a hybrid role and you will be required to be in the office 2 to 3 days a week.
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 team and we are passionate about helping our colleagues and clients succeed.
What the day will look like
As a Associate Broker you will be working alongside our Account Executives in our Professional Services Practice in Chicago, IL. This person would assist in brokering and be responsible for key processes and internal activities in conjunction with the day-to-day servicing of our professional service firm clients including professional liability, management liability, employment practices liability, cyber liability, and other insurance programs.
Skills and experience that will lead to success
Negotiate insurance placements and renewals in conjunction with senior team members.
1-3 years of Professional Liability experience.
Form relationships with underwriters of relevant placements.
Participate in, and assist the team with, the delivery of services, advice, and advocacy to clients, largely dealing with their senior-level leadership such as risk managers and offices of general counsel.
Prepare underwriting submissions and claims exhibits for commercial insurers.
Draft and prepare policy documentation and endorsements and prepare wording comparisons across different risks, when necessary.
Prepare reports, summaries, papers, and meeting materials for delivery directly to clients.
Participate in business development within the practice and the exploration of new and evolving risks, potential risk transfer, and risk financing solutions.
Collaborate with colleagues in New York and other Aon offices (Chicago, London, Bermuda, Montreal and elsewhere) in the coordinated delivery of insurance programs and policies to clients.
Attend team meetings, maintain team/personal outstanding task lists, and maintain files that clearly and accurately record the activities and communications of the team.
Attend training sessions, presentations, and meetings that will assist with present and anticipated future responsibilities.
Education: Bachelor’s degree
License:Brokers or P&C license preferred, or to be obtained within 6 months of start date
How we support our colleagues
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.
We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at [email protected] or your recruiter. We will work with you to meet your needs and ensure a fair and equitable 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.
Your employment is contingent upon obtaining and/or maintaining all Property & Casualty licenses in the required states, as designated by Aon. You must successfully complete the required course work and pass the examinations within 6 months of your start date. In addition, you will complete all required paperwork necessary in obtaining the licenses. Aon will be responsible for paying the costs associated with the coursework and examinations according to the Aon licensing policy. Failure to meet these requirements will result in the termination of your employment with the firm.
Pay Transparency Laws:
The salary range for this position (intended for U.S. applicants) is $70,000 to $85,000 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.
A summary of all the benefits offered for this position:
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.
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