Broker II, Healthcare Practice

Aon Corporation • Tampa, FL

1d • Hybrid

About The Position

Aon is looking for a Broker II, Healthcare Practice
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective risk transfer solutions as part of our National Health Care Practice Group. As a Broker II, you will report directly to senior leadership of the National Health Care Practice.
This is a hybrid role. We are open to hiring for this role in the following locations: Philadeliphia, Cleveland, Chicago, Miami, St. Louis, New York City, Los Angeles and Tampa.
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
Instrumental in working closely with Healthcare Producers and Account Executives on new business opportunities and RFPs to help drive revenue growth for the Healthcare Practice
Works closely with the Aon Mergers & Acquisitions team who have the PE relationships where these PE firms are targeting healthcare organizations for continued revenue growth opportunities
Professional who develops and manages client relationships, account strategies and insurance and reinsurance marketing activities for book of business. Acts as the primary negotiator in obtaining the most effective insurance programs to address client needs.
Thorough analysis of current risk transfer programs to include coverage and cost analysis and a graphical representation of the program.
Insurance and reinsurance program structure planning and design of alternatives based on client objectives. Provide benchmarking reports related to limits and programs.
Sound knowledge of alternative risk financing and program design as it relates to Trusts, Captives and Risk Retention Groups; development of alternative risk financing projects and programs and their implementation.
Prepare all marketplace re/insurance submissions, coordinate and conduct market meetings and negotiations as appropriate in coordination with Account Executive.
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.
Development and review of issued policy certificate and/or certificate language, including consulting around wording for captive policies.
Serve as a contributing team member for new business production and assist with RFP responses and presentations.
Represent Aon through periodic participation in speaking engagements aimed at business development; provide responses when requested for industry publications.
Develop direct market relationships beyond routine placement activities through carrier meetings and GRIP partner dialogues.
Serves as a source for information concerning market trends, pricing practices and other underwriting policies.
Participates in development of department policies and procedures and implement them in assigned area.
Provides guidance and mentorship to more junior staff.
Travel as appropriate for client and underwriting meetings (approx. 25%)

Requirements

• Proficient in Microsoft Excel, Word, Outlook, and Power Point;
• At least 10& years of placement / broking experience or comparable experience in the health care industry segment (i.e. underwriting, claims, etc.).
• Good working knowledge of the broking business.
• Superior written and communication skills to support conduct of business in a professional manner with external/internal clients and the marketplace.
• Strong team player who understands the roles and responsibilities of other Aon professionals, assumes responsibility for the timely delivery of a professional work product in accordance with assigned roles, and facilitates communication among team members.
• Bachelor’s degree
• Property & Casualty license required

Nice To Haves

• Professional designation preferred such as; CPCU, CPLU, CIC or ARM

Responsibilities

• Instrumental in working closely with Healthcare Producers and Account Executives on new business opportunities and RFPs to help drive revenue growth for the Healthcare Practice
• Works closely with the Aon Mergers & Acquisitions team who have the PE relationships where these PE firms are targeting healthcare organizations for continued revenue growth opportunities
• Professional who develops and manages client relationships, account strategies and insurance and reinsurance marketing activities for book of business. Acts as the primary negotiator in obtaining the most effective insurance programs to address client needs.
• Thorough analysis of current risk transfer programs to include coverage and cost analysis and a graphical representation of the program.
• Insurance and reinsurance program structure planning and design of alternatives based on client objectives. Provide benchmarking reports related to limits and programs.
• Sound knowledge of alternative risk financing and program design as it relates to Trusts, Captives and Risk Retention Groups; development of alternative risk financing projects and programs and their implementation.
• Prepare all marketplace re/insurance submissions, coordinate and conduct market meetings and negotiations as appropriate in coordination with Account Executive.
• 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.
• Development and review of issued policy certificate and/or certificate language, including consulting around wording for captive policies.
• Serve as a contributing team member for new business production and assist with RFP responses and presentations.
• Represent Aon through periodic participation in speaking engagements aimed at business development; provide responses when requested for industry publications.
• Develop direct market relationships beyond routine placement activities through carrier meetings and GRIP partner dialogues.
• Serves as a source for information concerning market trends, pricing practices and other underwriting policies.
• Participates in development of department policies and procedures and implement them in assigned area.
• Provides guidance and mentorship to more junior staff.
• Travel as appropriate for client and underwriting meetings (approx. 25%)

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
• Number of Employees: 5,001-10,000 employees