Premium Finance Manager

Aon CorporationChicago, IL
Hybrid

About The Position

Aon is looking for a Premium Finance Manager. This role is preferred hybrid in Chicago or New York but may consider remote. 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. This opportunity is different because Aon's focus is on the client experience, which results in our clients being better informed, well-advised, and able to make informed decisions that meet their financial objectives and grow their business. In addition, we deliver differentiated client value through our financing capabilities. As part of the Aon Premium Finance team, you will be assigned to handle various offices and work across Aon regions to drive and accelerate premium finance growth by executing strategy at a best in class level, embedding financing awareness across teams, and building strong, trusted relationships to support market growth and differentiation.

Requirements

  • Knowledge of Financial statements, Insurance industry structure, policies, and issues. Basic knowledge of types of insurance coverages.
  • 10+ years of premium insurance finance experience preferred, or insurance industry experience.
  • Strong written and verbal communications skills, including negotiating and development/delivery of clear and concise presentations.
  • Ability to professionally interact with all levels of internal and external customers. Self-motivated, goal oriented, able to work in fast-paced team environment.
  • Ability to work on multiple projects at one time.
  • Experience with Microsoft products.

Nice To Haves

  • 10+ years of premium insurance finance experience preferred

Responsibilities

  • Identify clients and prospects who might be candidates for financing by meeting with account teams and office leaders to review renewal and target lists.
  • Generate new premium finance loans while driving the client retention process.
  • Research, analyze and prepare proposals and finance agreements for ARS clients either using software or direct contact with a premium finance company. Provide direction to clients and Aon colleagues regarding premium finance questions and issues.
  • Gather account data from ARS account teams on renewal and prospect clients and work with the premium finance company to resolve appropriate deal structure to optimize the opportunity.
  • Proposal creation and follow-up including design and negotiate insurance premium finance alternatives for clients and prospects.
  • Maintain various account tracking logs/databases as required.
  • Development relationships with local market leaders, AE practice leaders, and regional leaders to drive growth and manage KPI targets
  • Customer Service, including responding to inquiries from Aon management, producers, insurers and/or clients
  • Support the Aon Premium Finance President in driving financing growth within the assigned Aon Regions
  • Work to resolve outstanding premium finance debts, as necessary.
  • Provide premium finance training & educations to Aon account teams
  • Other special projects as directed.

Benefits

  • 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
  • an employee assistance program that includes free counseling sessions
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