Underwriting Professional I, Associate Underwriter

Aon Corporation•Fort Washington, PA

34d•$70,000 - $85,000•Hybrid

About The Position

Aon Is Looking For An Underwriting Professional I We currently have an exciting hybrid career opportunity for an Underwriting Professional I in our Washington, DC or Fort Washington, PA office. This position will support Aon's Affinity Nonprofits division. 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. What the day will look like: The Underwriting Professional I, Associate Production Underwriter will be responsible for in-depth event cancellation insurance underwriting as well as management liability (D&O/EPL) underwriting within affinity programs targeting the nonprofit sector. Primary responsibilities as a self-motivated production underwriter will be for pro-active solicitation and resolicitation of business - both direct and produced by local agents/brokers. Focus on methodical and consistent outbound efforts via phone outreach to complement email outreach on prospecting efforts inclusive of leads as part of marketing initiatives Cultivation and analysis of lost business reports to identify former new/renewal business to requote to increase pipeline and hit ratios Active participation in broker engagement activities inclusive of tracking success with targeted agents/brokers, outreach calls to agents/brokers, overviews either via Teams meetings or in person agency visits Active participant in marketing discussions for division - to drive additional efforts for new/new and providing feedback on marketing efforts Extensive review and analysis of submissions, gathering data and assessing risk against established underwriting guidelines for the program, responsible for utilizing rating tools and input in underwriting systems. Accountable for accurate risk assessment and documentation and executing sound decisions/recommendations while deploying clear communication with the team, carrier, prospective/current insureds and retail brokers on accounts. Consolidate risk profiles into concise presentations to carrier and understanding of program parameters. Responsible for maintaining detailed knowledge of carrier forms, products and competitive landscape as well as program strategic direction and growth initiatives. Delivery of concise and accurate new/renewal proposals to prospective/current insureds and retail brokers for eligible risks. Adept in conducting detailed discussions with prospective/current insureds and retail brokers about coverage and pricing features of the programs. Responsible for maintaining strong working knowledge of necessary resources, marketing materials, and available technology. Proven ability to facilitate and negotiate using tact and diplomacy.

Requirements

Strong verbal and written communication skills and insurance underwriting experience.
Strong analytical skills and familiarity in working with internal and external underwriting systems and tools.
Self-motivated, highly organized and detail oriented with sales / new business orientation.
Experience with MS Office suite products, proficiency with Excel required.
A minimum of 3 + years insurance work experience preferred.
Ability to review applications, assess risk and make sound underwriting decisions based on established criteria and /or judgment.
Property & Casualty license preferred - must be obtained within six months of hire date.
Four-year college degree in Business, Risk Management or Finance major preferred, or equivalent combination of education and work experience required.

Responsibilities

Pro-active solicitation and resolicitation of business - both direct and produced by local agents/brokers.
Methodical and consistent outbound efforts via phone outreach to complement email outreach on prospecting efforts inclusive of leads as part of marketing initiatives
Cultivation and analysis of lost business reports to identify former new/renewal business to requote to increase pipeline and hit ratios
Active participation in broker engagement activities inclusive of tracking success with targeted agents/brokers, outreach calls to agents/brokers, overviews either via Teams meetings or in person agency visits
Active participant in marketing discussions for division - to drive additional efforts for new/new and providing feedback on marketing efforts
Extensive review and analysis of submissions, gathering data and assessing risk against established underwriting guidelines for the program, responsible for utilizing rating tools and input in underwriting systems.
Accountable for accurate risk assessment and documentation and executing sound decisions/recommendations while deploying clear communication with the team, carrier, prospective/current insureds and retail brokers on accounts.
Consolidate risk profiles into concise presentations to carrier and understanding of program parameters.
Responsible for maintaining detailed knowledge of carrier forms, products and competitive landscape as well as program strategic direction and growth initiatives.
Delivery of concise and accurate new/renewal proposals to prospective/current insureds and retail brokers for eligible risks.
Adept in conducting detailed discussions with prospective/current insureds and retail brokers about coverage and pricing features of the programs.
Responsible for maintaining strong working knowledge of necessary resources, marketing materials, and available technology.
Proven ability to facilitate and negotiate using tact and diplomacy.

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