Early Careers: Associate Account Executive/ Associate Broker

$69,500 - $69,500/Yr

Aon - Bloomington, MN

Full-time - Entry Level

Hybrid - Bloomington, MN

Professional, Scientific, and Technical Services

About the position

Aon invites ambitious college seniors to join our 2025 Launch Program in our Risk Solutions group. Immerse yourself in a unique and exciting environment as you sample a career that offers global reach and makes a tangible impact on our clients! Opportunities await in Bloomington, MN and Chicago, IL. This is a hybrid role with the flexibility to work both from home and your aligned office. Our Risk Solutions group assesses the risk a company has or could have and mitigates it through the placement of various insurance products and policies. They help clients achieve profit, growth, and continuity by delivering the best tailored and innovative risk solutions. Associate Account Executives and Associate Brokers will maintain effective client relationships, analyze data, support the renewal process, and facilitate client service.

Responsibilities

• Maintain effective and productive client relationships; manage client open items lists and respond to client requests.
• Gather and analyze exposure data, loss history, and standard and unique coverage needs for submissions with the Brokerage Unit.
• Capture and analyze data and draft assigned elements of client service plans, stewardship reports and other presentations tailored to the needs of the audience and the circumstances of the presentation.
• Actively support and supervise the renewal process, draft quote comparisons and follow up for binders, policies and endorsements.
• Receive and lead routine and sophisticated coverage inquiries and endorsement requests.
• Build and maintain effective working relationships with external client contacts and internal Aon clients.
• Develop thorough knowledge of the private and nonprofit management liability insurance marketplace, products and services.
• Provide broking status and continuous support and service to clients during entire broking process and period of engagement.
• Learn and understand all elements of client presentations, developing technical writing skills, verbal presentation and negotiation skills.
• Responsible for all aspects of client service for assigned book of business including billing, policy collection, reviewal and transmittal in accordance with established departmental service standards.
• Establish basic understanding of claims administration process.
• Drive utilization of all available technology throughout broking process and client service process.

Requirements

• Rising seniors graduating between Summer 2024 - Spring 2025 with a minimum cumulative GPA of 3.0.
• Bachelor's Degree with majors in Business, Finance, Economics, Risk Management, Insurance, and Political Science preferred, but open to all majors.
• Ability to communicate effectively, both orally and in writing.
• Excellent analytical and problem-solving skills; able to identify problems and solutions.
• Strong interpersonal skills and ability to work effectively in a team environment.
• Strong research, analytical and critical thinking skills.
• Strong computer skills, including: Microsoft Office Suite, specifically Excel spreadsheets, Word processing, PowerPoint, e-mail and internet tools.

Benefits

• 401(k) savings plan with employer contributions.
• Employee stock purchase plan.
• Medical, dental and vision insurance.
• 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.
• Adoption assistance.
• Tuition assistance.
• Commuter benefits.
• Employee assistance program that includes free counseling sessions.