Surety Account Manager III

Aon Corporation•Boston, MA
•Hybrid

About The Position

This hybrid position requires working 3 days a week from 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.

Requirements

  • Is able to effectively interpret a wide range of technical instructions and documentation involving abstract and concrete variables, including financial analyses, contractual provisions, and underwriting guidelines.
  • Possesses experience or formal education in Risk Management, Insurance, and/or Surety, and applies this background to enhance client and market outcomes.
  • Demonstrates strong organizational, time-management, and multi-tasking skills, consistently managing high-volume and complex workloads.
  • Maintains Notary Public designation.
  • Maintains Power of Attorney appointments with major surety markets and is regarded as a trusted signatory.
  • Maintains appropriate Producer license
  • Is proficient in all required technology platforms, including AonBondLink, Bridge, and Outlook, and utilizes these systems to manage data, analyze bond portfolios, and support decision-making.
  • A Bachelor’s degree or equivalent experience is preferred for this position.
  • Maintain Notary Public designation and hold the appropriate Property and Casualty license.

Responsibilities

  • Provides analytical and operational services for a portfolio of surety bond clients, with an emphasis on accuracy, client interaction, underwriting pricing rigor & negotiation, and execution quality.
  • Partners closely with clients to facilitate timely issuance of surety obligations.
  • Operates with a high degree of autonomy and judgment across complex or strategically significant accounts and in dealing with markets.
  • Takes primary accountability for handling selected key accounts, including coordination of large bond programs and sophisticated underwriting submissions.
  • Possesses strong, in-depth knowledge of surety bonds, including contract and commercial surety, indemnity structures, and market dynamics.
  • Serves as a technical lead within the team; assists in training, mentoring, and developing internal team, and contributes to improvement in execution initiatives.
  • Collaborates daily with carriers on complex needs.
  • Prepares and processes a broad range of surety instruments, including but not limited to bid, final, miscellaneous, and court bonds, ensuring alignment with underwriting parameters and client requirements.
  • Collaborates daily with clients on complex needs.
  • Completes Consents of Surety, Prequalification Letters, Riders, and other client required obligations per State requirements.
  • Determines appropriate documentation to finalize issuance, i.e. power-of-attorney, resident license, etc. with attention to contractual, legal, and financial implications.
  • Prepares General Indemnity Agreements and bond applications, coordinating with and advising clients to obtain complete, accurate financial and corporate information for underwriting review – including any other nuanced client needs or requirements.
  • Maintains and facilitates data integrity and enabling proactive management of bond programs in AonBondLink (ABL).
  • Works closely with internal collaborators to build and maintain accurate, complete electronic bond files in AonBondLink (ABL).
  • Confirms and manages client financial and underwriting records while following internal controls and audit requirements to avoid E&O.
  • Manages countersignature requirements and related jurisdictional nuances to support compliant bond issuance across multiple states and territories.
  • Provides technical surety guidance and support to non-surety colleagues, helping interpret bond forms, indemnity requirements, and program structures for internal stakeholders.
  • 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 that exceed standard limits or fall 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
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