Underwriting Professional 1 - E&A Underwriter

Aon Corporation • Fort Wayne, IN

3d • Hybrid

About The Position

Aon is looking for a Underwriting Professional l. We have an opportunity for an Underwriting Professional with our Events & Attractions Division, K&K Insurance Group is a subsidiary of Aon. K&K has been recognized as the leading provider of sports, leisure, and entertainment insurance products. This is a hybrid role with the flexibility to work both virtually and one to two days per week in office at our Fort Wayne, IN location. 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.

Requirements

• P&C License required
• 5 years commercial insurance underwriting experience
• Computer skill with Microsoft Products (Word, Excel, Outlook)
• Understanding of commercial property, liability, crime, inland marine, auto and workers compensation coverage
• Computer skills to include Microsoft Word, Outlook and Excel
• Excellent math, oral and written English communication skills
• Must be well organized, able to prioritize work and possess effective time management skills in a fast-paced environment
• Work well with co-workers, participate in and support an underwriting team environment, advance your knowledge with educational courses, and interact with management when necessary
• Bachelor’s Degree or commensurate education and/or work experience

Responsibilities

• Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverage in order to classify the degree of insurable risk and determine appropriate premium amounts.
• Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVRs and other information needed to properly evaluate and classify the degree of risk in relation to proposed coverage limits.
• Obtain all relevant information not included with the initial submission to ensure a thorough evaluation of the risk.
• Review and evaluate renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.
• Prepare and review quotations to ensure accuracy prior to presentation to potential clients.
• Approve the coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirely; refer with recommended action if risk exceeds underwriting authority.
• Review policy forms used in specific programs to ensure consistency.
• Manage a book of business with goals for production, net revenue, rate increase, loss ratio and underwriting audit results.
• Complete a variety of underwriting projects at the direction of the Underwriting Director and Senior Vice President.

Benefits

• comprehensive benefits package
• agile, inclusive environment
• manage your wellbeing and work/life balance
• two “Global Wellbeing Days” each year
• variety of working style solutions
• Smart Working
• continuous learning culture
• 401(k) savings plan with employer contributions
• 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
• 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
• employee assistance program that includes free counseling sessions

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level