Underwriting Specialist II

Aon Corporation • Fort Washington, PA

8h • $60,000 - $70,000 • Hybrid

About The Position

Aon’s Ian H. Graham Insurance serves insurance brokers representing community association clients.
We have an exciting opportunity for a hybrid Underwriting Specialist II working out of our Fort Washington, PA, 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, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like:
The Underwriting Specialist II will be responsible for underwriting primarily Directors & Officers and Crime insurance. This position includes account management as well as underwriting review of renewal risks within designated affinity programs targeting the nonprofit habitational segment. The position requires the ability to review and analyze existing business, gather data, and assess risk against established management liability underwriting guidelines. Internal and external underwriting tools will be utilized to achieve accurate risk assessment while communicating/documenting underwriting.
This position requires maintaining a detailed knowledge of underwriting guidelines, carrier forms, products, and competitive landscape.
Provide customer support and assistance to direct clients, brokers, and prospects to make recommendations and guide/educate on products. A key component of the position will be timely and accurate delivery of renewal proposals to retail agents/brokers to maintain program retention.
Responsible for underwriting, obtaining, and servicing policies and meeting retention goals.
Review renewals to determine the best options for clients going forward.
The Underwriting Specialist II will achieve successful results through telephone work (both incoming and outgoing calls) along with correspondence via email, fax, and mail.
Monitors, tracks and follows-up on proposals to ensure customer and broker satisfaction.
Use sound judgment and independent thinking to achieve the maximum result within authority and state guidelines
Identify premium growth opportunities with current book by cross sell offering other coverage
Collect/monitor competitive intelligence on all key competitors within assigned areas; anticipate client’s needs by contributing to research and development of products /endorsements
Work with clients or brokers to provide coverage overviews and clarifications
Works independently with moderate guidance and supervision
Actively seeks out new and challenging projects
Performs other duties as required

Requirements

• Property & Casualty license or must obtain within 90 days of hire
• Insurance industry experience preferred
• Strong verbal and written communication skills
• Strong analytical skills
• Ability to multi-task and work in a fast-paced team environment
• Self-motivated, highly organized and detail oriented
• Experience with MS Office suite products, proficiency with Excel required.
• Four-year college degree in Business, Risk Management or Finance major preferred, or equivalent years of industry experience

Responsibilities

• Underwriting primarily Directors & Officers and Crime insurance.
• Account management
• Underwriting review of renewal risks within designated affinity programs targeting the nonprofit habitational segment
• Review and analyze existing business, gather data, and assess risk against established management liability underwriting guidelines
• Utilize internal and external underwriting tools to achieve accurate risk assessment while communicating/documenting underwriting.
• Maintain a detailed knowledge of underwriting guidelines, carrier forms, products, and competitive landscape.
• Provide customer support and assistance to direct clients, brokers, and prospects to make recommendations and guide/educate on products.
• Timely and accurate delivery of renewal proposals to retail agents/brokers to maintain program retention.
• Underwriting, obtaining, and servicing policies and meeting retention goals.
• Review renewals to determine the best options for clients going forward.
• Achieve successful results through telephone work (both incoming and outgoing calls) along with correspondence via email, fax, and mail.
• Monitors, tracks and follows-up on proposals to ensure customer and broker satisfaction.
• Use sound judgment and independent thinking to achieve the maximum result within authority and state guidelines
• Identify premium growth opportunities with current book by cross sell offering other coverage
• Collect/monitor competitive intelligence on all key competitors within assigned areas; anticipate client’s needs by contributing to research and development of products /endorsements
• Work with clients or brokers to provide coverage overviews and clarifications
• Works independently with moderate guidance and supervision
• Actively seeks out new and challenging projects
• Performs other duties as required

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