Underwriting Professional I

Aon Corporation • Fort Wayne, IN

71d • $55,000 - $75,000 • Hybrid

About The Position

K&K Insurance Group, a subsidiary of Aon, has been recognized as the leading provider of sports, leisure, and entertainment insurance products. We have an exciting opportunity for an Underwriting Professional to join our K&K Motorsports Division. Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverages in order to classify the degree of insurable risk and determine appropriate premium amounts. This position is responsible for handling submissions involving complex exposures and medium to high coverage limits. In addition, this position is responsible for sales/marketing and premium production objectives in an assigned region/territory and programs. The role may also require an ability to effectively conduct loss control surveys and make recommendations within the parameters of the insurability guidelines for the carrier. This is a hybrid role working out of our Fort Wayne, Indiana office. 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: Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVR's, 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 new/renewal business and recommended appropriate actions to attain premium/rate and loss ratio objectives Prepare own or review other quotations/proposals for presentation to clients Approve coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirety; refer with recommended action if risk exceeds underwriting authority Review policy forms used in specific programs to ensure consistency and keep clients and brokers informed of coverage issues Complete underwriting assignments at the direction of the Underwriting Manager or Underwriting Director Light travel may be part of assigned accounts including client visits, sales presentations, and industry conventions Conduct and complete or order all loss control surveys/reports in the required timelines for each assigned program Sell and market all coverage lines and products available to direct clients and brokers when applicable

Requirements

• P&C/ A&H licenses preferred, or the ability to secure licenses within 6 months of hire
• 3-5 years of underwriting experience or experience within the motorsports industry
• Direct sales/marketing experience
• Advanced verbal and written communication skills

Responsibilities

• Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVR's, 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 new/renewal business and recommended appropriate actions to attain premium/rate and loss ratio objectives
• Prepare own or review other quotations/proposals for presentation to clients
• Approve coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirety; refer with recommended action if risk exceeds underwriting authority
• Review policy forms used in specific programs to ensure consistency and keep clients and brokers informed of coverage issues
• Complete underwriting assignments at the direction of the Underwriting Manager or Underwriting Director
• Light travel may be part of assigned accounts including client visits, sales presentations, and industry conventions
• Conduct and complete or order all loss control surveys/reports in the required timelines for each assigned program
• Sell and market all coverage lines and products available to direct clients and brokers when applicable

Benefits

• Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: 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, and an employee assistance program that includes free counseling sessions.
• Eligibility for benefits is governed by the applicable plan documents and policies.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Number of Employees: 5,001-10,000 employees