Account Executive/Broker I- Construction Surety

Aon Corporation • Philadelphia, PA

6d • $90,000 - $130,000 • Hybrid

About The Position

Aon's Surety Team is looking for an Account Executive/Broker I in the Northeast!
As a leader in the industry, Aon is one of the largest surety brokers representing both contract and commercial clients both domestically and globally. We are the top broker with the majority of the large surety companies. Aon is seeking candidates for a Surety Account Executive Position to join our team.
This hybrid role can be based out of our New Jersey, New York City or Philadelphia 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 team and we are passionate about helping our colleagues and clients succeed.
How this opportunity is different
This is more than an account management or transactional brokerage position. As a Surety Account Executive/Broker I, you will act as a strategic advisor to complex contract and commercial surety clients.
You’ll manage and grow a portfolio of sophisticated accounts, advise clients on surety program structure and market conditions, and lead negotiations with top-tier surety markets. You’ll work closely with internal producers and client service teams, serving as the surety lead while leveraging Aon’s full resources to deliver innovative solutions and maximize surety credit.

Requirements

• 3 + years of experience in the Surety industry
• Relationship builder – internally and externally.
• Ability to travel.
• Well-developed communication and presentation skills.
• Attention to detail and technical proficiency is critical.
• Education: Bachelor's Degree with emphasis in business, preferably finance or accounting, or equivalent work experience
• A Property and Casualty Brokers License is required or must be obtained within 90 days of hire if not already active.

Responsibilities

• Responsible to manage and grow a portfolio of surety clients.
• Continuously provide advisory services by outlining the surety program options and providing guidance on the recommended structures specific to the client’s needs.
• Consult with clients regarding surety market conditions and the surety companies.
• Secure and manage surety facilities to meet the clients’ surety bond requirements. This process involves the receipt and review materials including but not limited to financial, organizational, operational, and strategic that are necessary to prepare a placement memorandum, negotiation of terms, conditions, indemnity, and completion of the requisite documentation.
• Management of the existing surety relationships on client surety programs. Including participation in, establishing and moderating meetings, when necessary, with the sureties.
• Continuously monitor clients company structure, operations, and credit profile in support of the surety program. This includes reviewing financial presentation.
• Work with client service team as client team lead in managing day to day account management of the surety business.
• Deliver new solutions for clients by reviewing their needs and ensuring surety credit is maximized
• Drive growth by working collaboratively with internal sales producers, the Insurance Account Executives and other surety team members to bring in new clients or prospects. This includes contributing to the sales process and responding to RFPs.
• Preparing and presenting surety proposals and presentations.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level