Vice President, Professional Services Group

Aon Corporation • New York, NY

7d • $125,000 - $145,000 • Hybrid

About The Position

Manage day to day client service and brokerage activities of team working with law firms. Collaborate with the Senior Vice-President on complex Professional Liability, Employment Practices Liability, Management Liability, and Cyber ( Specialty Lines) insurance placements; ensure all clients’ needs are promptly and accurately satisfied; ensure all deadlines are met on a timely basis; ensure quality standards are maintained and handle projects independently and creatively. Grasp topics involving our specialty law firm niche. Act on behalf of the Senior Vice-President (“SVP”) in their absence. Being able to work collaboratively as part of a team is vital.
This is a hybrid role and will require you to work out of our New York City or Chicago, IL office on average 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
Day to day servicing activities for law firm clients.

Requirements

• Minimum 5 years Specialty Lines insurance experience.
• Relevant experience with Professional Liability, Employment Practices Liability, Management Liability, and Cyber Liability insurance experience with sophisticated professional service firms is an asset.
• Good writing and communication skills.
• Ability to listen and work successfully in a team.
• Strong organizational and interpersonal skills.
• Ability to work well under pressure with significant attention to detail.
• Ability to organize, prioritize, monitor and control workflow deadlines and be flexible.
• Technical/detail oriented.
• Bachelor’s degree
• Brokers License (or willingness to obtain such license within 4 months).
• Proficiency in PC office products such as Word, Excel, Power Point and Outlook is required

Nice To Haves

• Relevant experience with Professional Liability, Employment Practices Liability, Management Liability, and Cyber Liability insurance experience with sophisticated professional service firms is an asset.

Responsibilities

• Maintain responsibility for renewal cycles of law firm clients’ Professional Liability insurance programs. Proactively coordinate renewal cycle to ensure all necessary steps are completed in a timely fashion. Prepare and/or check renewal invitation letters, application reviews, market submissions, terms reports, putting up the firm orders to various insurance companies, ensuring that coverage is bound prior to the effective date, and responding to client requests and inquiries.
• Review completed applications and underwriting submission materials prepared by Assistant Vice President (“AVP”) and Associate.
• Formulate strategy and prepare renewal documents including benchmarking information and contribute in renewal strategy discussions with client.
• Negotiate, prepare and check market quotes, binders and policy documentation.
• Ensure client, marketing and claims files are maintained in a timely fashion.
• Review and prepare wording comparisons, consolidated policy wordings, letters and reports under the direction of the SVP.
• Ensure all communications, both written and verbal, received from clients, insurers and other Aon offices are acknowledged promptly.
• Coordinate activities with other Aon offices to ensure smooth completion of all client and marketing activity.
• Responsible for broking to markets on placements, including marketing and development of renewal terms. Need for comprehensive understanding of Specialty Lines insurance coverage terms critical to broking to markets.
• Responsible for placing complex Specialty Lines Liability insurance towers in collaboration with SVP
• Review insurance summaries prepared by team.
• Review client Insurance requirements, and other client risk and insurance issues and prepare responses.
• Willingness to travel as necessary.
• Check all data into the Client Information System (CIS), GRIP, and other various databases/systems.
• Maintain daily diary and outstanding list on the client renewal accounts.
• Prepare and develop sales documents, presentations and RFP responses to prospective new clients.
• Participate in practice building and business development activities as needed.

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