Assistant Vice President – Intellectual Property Insurance Broker

Aon Corporation•Chicago, IL

13d•Hybrid

About The Position

Aon is hiring an Assistant Vice President for its growing, full-service Intellectual Property Risk Solutions team. This hybrid role is based in Aon’s Chicago, Illinois office and focuses on brokering strategic approaches to Intellectual Property insurance policies. The IP team educates current and prospective clients about intellectual property risks and how insurance can help manage them. The team operates in a fast-paced, start-up-like environment that encourages autonomy and offers self-motivated individuals the opportunity to advance their careers. The position requires detailed knowledge of the Intellectual Property insurance marketplace and Aon’s offerings, the ability to place layered insurance programs of $50 million or more from start to finish, and direct communication with executive-level client contacts. The role owns service for an assigned book of business and new opportunities, develops new-business pipelines, supports junior colleagues, and uses negotiation, data, technology, and cross-team collaboration to improve client outcomes. The role also applies claims and legal advocacy resources to claims administration and resolution, builds effective underwriter relationships, and works to prevent errors and omissions exposure.

Requirements

At least 4 years of brokering and/or underwriting experience in Intellectual Property, Cyber, E&O, D&O, or other Financial/Professional lines.
Bachelor’s degree or equivalent experience.
Ability to obtain and maintain a Property and Casualty license within 120 days of hire.
Experienced project management skills.
Experienced report-writing skills.
Advanced insurance strategy skills.
Advanced retail brokerage skills.
Advanced team management skills.
Experienced performance management skills.
Experienced business development skills.
Experienced conflict resolution skills.
Experienced organizational leadership skills.
Experienced customer relationship management skills.
Experienced stakeholder management skills.
Advanced account management skills.
Experienced documentation skills.
Experienced talent management skills.
Advanced team development skills.

Nice To Haves

Advanced financial planning skills.
Experienced business planning skills.
Experienced training and development skills.
Experienced market research skills.
Experienced strategic planning skills.
Experienced policy development skills.
Experienced data analysis skills.
Experienced organizational strategy skills.
Intermediate process improvement skills.

Responsibilities

Demonstrate detailed knowledge of the Intellectual Property insurance marketplace and the team’s offerings.
Place layered insurance programs of $50 million or more from start to finish.
Communicate directly with executive-level client contacts, including C-suite contacts.
Own client service for an assigned book of business and new-business opportunities, coordinating with team members and administrative staff through the deal-flow process.
Prioritize workflow accurately by collaborating with team members and administrative staff.
Use effective negotiation skills to improve broking results for clients.
Use data, personal experience, others’ perspectives, and a clear methodology to improve client programs and develop prospective client opportunities.
Cross-sell Intellectual Property Risk products and services in an Aon United fashion.
Use the claims and legal advocacy group for claim administration and counsel to support claim resolution.
Develop effective underwriter relationships to improve broking results.
Proactively develop and complete a new-business pipeline strategy.
Mentor more junior team members.
Drive utilization of available technology throughout the broking and client-service processes.
Understand causes of errors and omissions and adopt practices to reduce exposure.

Benefits

401(k) savings plan with employer contributions.
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 and 15 vacation days per year.
Paid sick leave as provided under applicable state and local 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.
Employee assistance program that includes free counseling sessions.
Eligibility for an annual discretionary bonus under an applicable incentive plan.