Account Executive III - Construction & Infrastructure
About The Position
Aon is looking for an Account Executive III in New York City or Boston! Are you looking for an opportunity to take the next step in your Construction & Infrastructure Risk career? Keen to work with an experienced team who are motivated by exciting work and continuous learning? Our Construction Services Group is seeking an Account Executive III to join their team in the Northeast! 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: Collaborates with senior unit members to develop coverage strategy and marketing initiatives for renewal and prospective business Accurately and timely responding to client requests and inquiries Preparing new business and renewal and keeping them up to date Analyzes client specific risk exposure and details coverage requirements; prepares and presents marketing proposals for renewals and new business Establish and maintain positive relationships with the underwriting community, especially key partner markets Processing, and/or issuing where applicable, new policies and policy renewals, changes, additions, deletions and cancellations Reviewing and proofreading all assignments, acquiring accurate signatures and dispensing as appropriate Calculating adjustments and premiums on polices and other insurance and provider documents Lead, measure and report on ongoing insurance or risk retention programs Handle daily tasks and key assignments with appropriate technology tools
Requirements
- 10+ years experience of commercial insurance experience, preference for those experienced in Construction
- Commitment to ongoing learning and professional development including insurance courses/certifications/designations
- Thorough analysis of current risk transfer programs, such as coverage and cost analysis and graphical representations of the program
- Insurance program structure planning and design of alternatives based on client objectives
- Prepare marketplace insurance submissions, coordinate, and assist in market meetings and negotiations, as appropriate
- Finalize all risk transfer quotes and complete a thorough comparison of program options as part of the client proposal presentation. Comparison to include changes in exposure, losses, coverage terms and conditions and cost of risk
- Contract Review
- A Property and Casualty Brokers License is required, or must be obtained within 120 days of hire if not already active
- Bachelor’s degree in or equivalent years of industry experience.
Responsibilities
- Collaborates with senior unit members to develop coverage strategy and marketing initiatives for renewal and prospective business
- Accurately and timely responding to client requests and inquiries
- Preparing new business and renewal and keeping them up to date
- Analyzes client specific risk exposure and details coverage requirements; prepares and presents marketing proposals for renewals and new business
- Establish and maintain positive relationships with the underwriting community, especially key partner markets
- Processing, and/or issuing where applicable, new policies and policy renewals, changes, additions, deletions and cancellations
- Reviewing and proofreading all assignments, acquiring accurate signatures and dispensing as appropriate
- Calculating adjustments and premiums on polices and other insurance and provider documents
- Lead, measure and report on ongoing insurance or risk retention programs
- Handle daily tasks and key assignments with appropriate technology tools
- Responsible for ensuring proper client service
- Policy and other related document checking
- Invoicing and other transactional duties
- Review and clearing audits and adjustments
- Claims review and analysis
- Assist team as needed, ie: special projects, daily backup
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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
