Broker III, National Healthcare

Aon Corporation•Chicago, IL

1d•Hybrid

About The Position

Joining a top industry group, you will support client success by delivering effective risk transfer solutions within our National Health Care Practice Group. As a Senior Healthcare Physician Broker, you will report directly to senior leadership of the National Healthcare Division. This is a hybrid role to work from our Chicago, IL or Philadelphia, PA 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.

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.)
Solid understanding of the broking business.
Outstanding written abilities to support conduct of business in a professional manner with external/internal clients and the marketplace.
Strong great teammate who understands the roles and responsibilities of other Aon professionals. They assume responsibility for delivering a professional work product on time. They also facilitate communication among team members.
Bachelor’s degree or equivalent professional experience
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 marketing activities related to the property and casualty sector for book of business. Acts as the primary negotiator in acquiring the most effective insurance programs to address client needs.
Detailed 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 approaches to risk financing and program building for Trusts, Captives, and Risk Retention Groups. Skilled in developing and implementing innovative risk financing projects and programs.
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. 50%)