Broker, Professional Services Group

Aon Corporation•Chicago, IL

7d•Hybrid

About The Position

Aon is seeking a Broker to join their Professional Services Group. This is a hybrid-based role located in Chicago, IL, requiring 2-3 days per week in the office. The Broker will work alongside Account Executives, assisting in brokering and managing key processes for professional service firm clients. This includes handling various liability insurances such as professional liability, management liability, employment practices liability, and cyber liability, as well as other insurance programs. The role involves delivering services and advice to clients' risk managers and general counsel offices, preparing underwriting submissions and claims exhibits, drafting policy documentation, and managing premium invoices and fund flow. Additionally, the Broker will support claims data organization, analyze historical claims experience, collaborate on risk cost analysis, prepare client reports, and participate in business development. The position also requires responding to queries, issuing insurance verifications, collaborating with international Aon offices, attending meetings, and participating in training sessions.

Requirements

3+ years of insurance experience; professional liability preferred
Ability to coordinate, prioritize, and monitor workflows.
Strong Excel and analytical skills.
Strong written and verbal communication skills.
Strong social skills.
Experience as an effective teammate.
Motivated and self-directed.
Strong attention to detail.
Trains and mentors others effectively.
Proficiency with MS Office
Bachelor’s degree
Insurance Broker license preferred or the ability to secure license within 90 days of joining Aon (required for this role)
Must successfully complete the required course work and pass the examinations within 6 months of your start date.
Must complete all required paperwork necessary in obtaining the licenses.

Nice To Haves

professional liability preferred

Responsibilities

Assist in brokering and be responsible for key processes and internal activities in conjunction with the day-to-day servicing of professional service firm clients.
Participate in, and assist the team with, the delivery of services and advice to clients’ risk managers and offices of general counsel.
Provide advice to senior client contacts regarding their insurance programs, Aon results, and in response to requests and inquiries.
Prepare underwriting submissions and claims exhibits for commercial insurers.
Draft and prepare policy documentation and endorsements and prepare wording comparisons across different risks, when necessary.
Prepare premium invoices compute applicable taxes, and track the receipt and flow of funds.
Support the accurate organization and administration of clients’ claims data and its extraction for reporting purposes.
Prepare and analyze statistical exhibits and presentations in relation to historical claims experience.
Collaborate with team members and Aon’s actuaries to analyze the cost of risk for the setting of insurance premiums.
Prepare reports, summaries, papers, and meeting materials for delivery directly to clients.
Participate in business development within the practice and the exploration of new and evolving risks and potential risk transfer and risk financing solutions.
Respond to queries from clients and commercial insurers.
Support the preparation and issuance of verifications of insurance.
Collaborate with colleagues in other Aon offices (New York, London, Bermuda, and elsewhere) in the coordinated delivery of insurance programs and policies to clients.
Attend team meetings, maintain team/personal outstanding task lists, and maintain files that clearly and accurately record the activities and communications of the team.
Attend training sessions, presentations, and meetings that will assist with present and anticipated future responsibilities.