Broker II, National Casualty

Aon Corporation•Chicago, IL

69d•Hybrid

About The Position

The National Casualty Practice is a premier team of casualty brokerage professionals with extensive experience in representing buyers of primary and umbrella/excess liability. We are looking to add a Broker II to either our Chicago or New York Excess Casualty team! This is a hybrid role with three days a week in the 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. What the day will look like Utilizing risk expertise and knowledge of industry and insurance marketplace, a Broker II reviews clients' exposures and loss experience and develops solutions for clients' needs. Understands distinctions of client's industry and the related risks associated with that industry and provides advice accordingly. Participates in pre-strategy meeting to create renewal strategy. Responsible for creating the renewal strategy and submission documents. Analyzes quotes from carriers and provides analysis to clients and client team members including analysis of pricing and coverage. Creates quote comparisons that include identification of: differences against expiring, coverage trigger (occurrence, claims made, occurrence reported), surplus lines or admitted, auditable or non-auditable, exclusions, non-concurrencies, subjectivities, and etc. Responsible for the order to bind & the accuracy of programs based on client direction Reviews policies for accuracy and requests changes/corrections from underwriters. Responsible for following up for any open items or subjectivities. Maintains contact and relationships with day-to-day client team to effectively service client needs. Builds and maintains relationships within National Casualty Practice, insurance markets, and clients. Develops and maintain strong working relationships with carriers and/or underwriters. Acts as the primary source of information concerning market conditions, including pricing trends, coverage grants, and other underwriting parameters. Engages with National Casualty Practice leadership in product innovation and creative solutions for clients Works closely with account executives, producers, and client teams to support client retention and new business production. Articulates the value of the broking function and participates in fee discussions as applicable. Provides leadership, mentoring and direction to brokers, associate brokers and other colleagues in the development of their broking knowledge and transaction expertise. Utilizes the network of Aon resources to develop and implement effective risk solutions. Adheres to Aon Quote Disclosure Standards. How this opportunity is different Our colleagues have access to industry-leading resources and expertise through data, research, and collaboration with subject matter experts. You will have the ability to ensure our clients are better informed and better advised, so they can make better decisions about their future.

Requirements

5+ years of relevant insurance P&C business experience
Proven knowledge of Casualty (Workers Compensation, Commercial Auto, General Liability, Umbrella/Excess).
Strong understanding of casualty risks and carrier appetites.
Broad relationships with the carriers that write casualty P&C business.
Strong collaboration and communication skills.
Strong experience using Microsoft Suite (Word, Excel, PowerPoint, and Outlook) and presentation skills.
Bachelor's degree or equivalent years of industry experience.
Property and Casualty Brokers License is required

Responsibilities

Utilizing risk expertise and knowledge of industry and insurance marketplace, a Broker II reviews clients' exposures and loss experience and develops solutions for clients' needs.
Understands distinctions of client's industry and the related risks associated with that industry and provides advice accordingly.
Participates in pre-strategy meeting to create renewal strategy.
Responsible for creating the renewal strategy and submission documents.
Analyzes quotes from carriers and provides analysis to clients and client team members including analysis of pricing and coverage.
Creates quote comparisons that include identification of: differences against expiring, coverage trigger (occurrence, claims made, occurrence reported), surplus lines or admitted, auditable or non-auditable, exclusions, non-concurrencies, subjectivities, and etc.
Responsible for the order to bind & the accuracy of programs based on client direction
Reviews policies for accuracy and requests changes/corrections from underwriters.
Responsible for following up for any open items or subjectivities.
Maintains contact and relationships with day-to-day client team to effectively service client needs.
Builds and maintains relationships within National Casualty Practice, insurance markets, and clients.
Develops and maintain strong working relationships with carriers and/or underwriters.
Acts as the primary source of information concerning market conditions, including pricing trends, coverage grants, and other underwriting parameters.
Engages with National Casualty Practice leadership in product innovation and creative solutions for clients
Works closely with account executives, producers, and client teams to support client retention and new business production.
Articulates the value of the broking function and participates in fee discussions as applicable.
Provides leadership, mentoring and direction to brokers, associate brokers and other colleagues in the development of their broking knowledge and transaction expertise.
Utilizes the network of Aon resources to develop and implement effective risk solutions.
Adheres to Aon Quote Disclosure Standards.

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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