Surety Account Manager II

Aon Corporation • New York, NY

1d • Hybrid

About The Position

This role is hybrid and can be located near an Aon office. Aon is in the business of better decisions. At Aon, we build 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 engaged team and we are passionate about helping our colleagues and clients succeed.

You'll work closely with clients, surety carriers, and internal collaborators to deliver bond programs with accuracy, compliance, and outstanding service. This role involves significant client interaction and ownership of key accounts. It offers the chance to create an immediate impact while further developing your expertise in the specialized field of surety.

Works under minimal supervision, exercising good judgment in routine and moderately complex client and market situations.
Takes primary accountability in managing selected accounts.
Possesses a working knowledge of surety bonds, including bond program structures, indemnity concepts, and market practices including accurate client interaction and advisement.
May assist in onboarding, mentoring, and training internal team.
Works closely with carriers every day to address evolving needs. Prepares and processes various surety instruments, such as bid, final, miscellaneous, and court bonds. Ensures these align with underwriting guidelines and client expectations.
Collaborates with clients daily to meet their changing requirements. Implements Consents of Surety, Prequalification Letters, Riders, and other obligations required by clients in line with State rules. Determines the necessary documents to complete issuance, including power-of-attorney, resident license, and others, ensuring attention to contractual, legal, and financial details.
Prepares General Indemnity Agreements and bond applications. Coordinates with and advises clients to acquire complete, accurate financial and corporate information for underwriting review. This includes any other nuanced client needs or requirements.
Mains and supports data accuracy and promotes proactive oversight of bond programs in AonBondLink (ABL).
Works closely with internal collaborators to implement and ensure accurate, complete electronic bond files in AonBondLink (ABL). Also confirms and manages related client financial and underwriting records while following internal controls and audit requirements to prevent E&O.
Manages countersignature requirements and related jurisdictional nuances to support compliant bond issuance across multiple states and territories.
Provides technical surety mentorship and support to non-surety colleagues, helping interpret bond forms, indemnity requirements, and program structures for internal collaborators.
Coordinates receipt and organization of pertinent client related underwriting information (e.g., financial statements, work-in-progress schedules, bank information, organizational documents) to support timely carrier decisions.
Verifies that all bonds are issued within established surety lines of credit and brokerage authority. Assists in structuring and negotiating approvals for bond requests exceeding standard limits or outside delegated authority.

Requirements

• Is able to effectively interpret a variety of technical instructions involving abstract and concrete variables and apply them to client and bond-specific scenarios.
• Shows excellent organizational, time-management, and multi-tasking abilities, successfully managing various client and market requirements.
• Retains Notary Public certification.
• Maintains Power of Attorney appointments with major surety markets and exercises such authority responsibly and in accordance with internal controls.
• Is proficient in all required technology platforms, including AonBondLink, Bridge, and Outlook.
• Uses technology platforms to facilitate deliverables for clients and with markets around exposures, new bond needs, changes, expirations, or similar.
• Hold the appropriate Producer license.

Nice To Haves

• A Bachelor’s degree or equivalent experience is preferred for this position.

Responsibilities

• Take primary accountability in managing selected accounts.
• Possess a working knowledge of surety bonds, including bond program structures, indemnity concepts, and market practices including accurate client interaction and advisement.
• Assist in onboarding, mentoring, and training internal team.
• Work closely with carriers every day to address evolving needs.
• Prepare and process various surety instruments, such as bid, final, miscellaneous, and court bonds.
• Ensure surety instruments align with underwriting guidelines and client expectations.
• Collaborate with clients daily to meet their changing requirements.
• Implement Consents of Surety, Prequalification Letters, Riders, and other obligations required by clients in line with State rules.
• Determine the necessary documents to complete issuance, including power-of-attorney, resident license, and others, ensuring attention to contractual, legal, and financial details.
• Prepare General Indemnity Agreements and bond applications.
• Coordinate with and advise clients to acquire complete, accurate financial and corporate information for underwriting review.
• Maintain and support data accuracy and promote proactive oversight of bond programs in AonBondLink (ABL).
• Work closely with internal collaborators to implement and ensure accurate, complete electronic bond files in AonBondLink (ABL).
• Confirm and manage related client financial and underwriting records while following internal controls and audit requirements to prevent E&O.
• Manage countersignature requirements and related jurisdictional nuances to support compliant bond issuance across multiple states and territories.
• Provide technical surety mentorship and support to non-surety colleagues, helping interpret bond forms, indemnity requirements, and program structures for internal collaborators.
• Coordinate receipt and organization of pertinent client related underwriting information (e.g., financial statements, work-in-progress schedules, bank information, organizational documents) to support timely carrier decisions.
• Verify that all bonds are issued within established surety lines of credit and brokerage authority.
• Assist in structuring and negotiating approvals for bond requests exceeding standard limits or outside delegated authority.

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
• two “Global Wellbeing Days” each year

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree