Assistant Vice President, Financial Services Group - Private/Nonprofit

Aon Corporation • Los Angeles, CA

6d • Hybrid

About The Position

Aon Commercial Risk Solutions’ Financial Services Group is hiring a Broker II to develop and implement strategic risk management solutions for large, global clients. The role includes designing, marketing, and managing the service of insurance programs across numerous industry sectors, with responsibility for client relationships, account strategies, and insurance marketing activities.

The Broker assesses client needs, analyzes exposures, develops placement and risk treatment strategies, and negotiates with insurance carriers to obtain appropriate coverage. The role coordinates insurance placement and day-to-day account activities, directs and services mid-size accounts with minimal supervision, and works autonomously on complex accounts. The Broker also provides guidance to junior staff and supports the growth of the team and personal book of business.

This is a hybrid position based in Aon’s Chicago, New York, Los Angeles, or San Francisco office. The position offers a base salary range of $105,420–$168,630 annually for U.S. applicants, plus eligibility for an annual discretionary bonus. Salary may vary based on location, qualifications, and other factors.

Requirements

• At least 5 years of financial lines insurance brokerage and/or underwriting experience, concentrated in Directors & Officers Liability, Employment Practices, Fiduciary, Crime, and Special Risk.
• Effective working knowledge of carrier underwriting practices and processes.
• Proven leadership skills and the ability to work with teams and clients to exceed client expectations.
• Client-facing experience, including effective presentations and communications.
• Strong organizational skills and the ability to work with others.
• Experience in resource deployment and utilization management.
• Strong interpersonal skills and the ability to interact effectively at various levels.
• Ability to manage multiple tasks simultaneously in a fast-paced environment.
• Must maintain an appropriate broker’s license.
• Proficiency in Microsoft Office products.
• Bachelor’s degree or equivalent years of industry experience.

Nice To Haves

• Sales experience.
• Finance background.

Responsibilities

• Assess client needs, design solutions, and negotiate with insurance carriers to obtain coverage in clients’ best interests.
• Develop and manage client relationships, account strategies, and insurance marketing activities for a book of business.
• Act as the primary negotiator in obtaining effective insurance programs that address client needs.
• Work with Team Leaders, Producers, Account Executives, and other client-facing team members to understand and deliver on client needs.
• Identify and analyze client exposures, with routine assistance from junior team members, and develop risk treatment and placement strategies.
• Develop and execute agreed-upon insurance program structures and strategies with clients.
• Provide information about market trends, pricing practices, and underwriting policies.
• Participate in developing department policies and procedures and implement them in assigned areas.
• Provide guidance to more junior staff and assist in developing team members.
• Direct the development and growth of a personal book of business.
• Support the solicitation and servicing of clients and the broking of their insurance programs.
• Direct, place, and service mid-size accounts with minimal supervision for a personal client portfolio.
• Compare and analyze insurance policies and determine needed enhancements.
• Coordinate insurance placement and day-to-day account activities.

Benefits

• 401(k) savings plan with employer contributions
• Employee stock purchase plan
• Potential 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, 15 days of paid vacation per year, and paid sick leave as provided under applicable 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, including free counseling sessions
• Eligibility for an annual discretionary bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level