Broker l, Middle Market Practice
$100k - $120kAon
Private Equity Broker, Middle Market Practice
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting commercial risk. As a Private Equity Broker you will report directly to the Private Equity Practice Leader for Middle Market.
This hybrid position allows for 3 days per week working from our New York City 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
The Broker is responsible for the management of a sophisticated portfolio of middle market accounts, including the placement and service, as well as ensuring client deliverables are maintained. Private Equity brokers are instrumental in driving new business to Aon through supporting P&C program review and proforma budgeting during the Due Diligence process of a potential M&A transaction. The individual leads by example as a strong sponsor of Aon's Leadership Model; supporting local colleagues; promoting and ensuring connectivity, collaboration and cooperation within local office practices, functions and fostering the sharing of knowledge, best practices and resources around our Property and Casualty accounts.
- Perform the services of an Insurance Broker for Property, Casualty, Worker's Compensation, Commercial Auto, Umbrella, Excess, and Foreign Package policies.
- Advise and execute on the placement of new and renewal P&C programs including crafting submissions.
- Driving placements within required timeframes and servicing those placements including their renewals; new business opportunities in the Private Equity space are often shorter and more complex than a traditional renewal timelines.
- Analyze and review insurance programs for clients to determine optimum program including pricing, terms and conditions for both new and renewal business.
- Help with the development of new and innovative solutions specific to Private Equity risks for the Middle Market clients/industry
- Develop and maintain positive relationships with the carriers and underwriters.
- Mentor and help develop associate brokers on the team.
- Work as a team member and collaborate with other colleagues within the Aon team with a particular emphasis on developing relationships with other key internal and external stakeholders in an M&A transaction.
How this opportunity is different
The individual leads by example as a strong sponsor of Aon's Leadership Model; supporting local colleagues; promoting and ensuring connectivity, collaboration and cooperation within local office practices, functions and fostering the sharing of knowledge, best practices and resources around our Private Equity backed Property and Casualty accounts.
Skills and experience that will lead to success
- 3+ years of relevant insurance P&C business experience
- Proven knowledge of Casualty (Workers Compensation, Commercial Auto, General Liability, Umbrella/Excess) and Property coverages with program ranging in size from traditional Middle Market to Loss Sensitive business.
- Strong understanding of Middle Market P&C risks and carrier appetites.
- Experience in Private Equity backed placements and servicing.
- Broad relationships with the carriers that write Middle Market P&C business.
- Knowledge of Benchmarking and Loss Analysis.
- Strong collaboration and communication skills.
- Outstanding Microsoft Suite and presentation skills.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
People with criminal histories are encouraged to apply.
We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at View email address on click.appcast.io your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Youremployment is contingent upon obtaining and/or maintaining all Property & Casualty licenses in the required states, as designated by Aon. You must successfully complete the required course work and pass the examinations within6 months of your start date. In addition, you will complete all required paperwork necessary in obtaining the licenses. Aon will be responsible for paying the costs associated with the coursework and examinations according to the Aon licensing policy. Failure to meet these requirements will result in the termination of your employment with the firm.
Pay Transparency Laws:
The salary range for this position (intended for U.S. applicants) is $100,000 - $120,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.
The actual salary may vary for applicants in a different geographic location. This position is eligible to participate in one of Aon's annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan
A summary of all the benefits offered for this position
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.
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