Cyber and E&O Broker
$70k - $90kAon Risk Services Inc
Cyber and E&O Broker
Join our Cyber Solutions team by brokering strategic approaches to cyber policy statements. This role is hybrid working from our Chicago, IL office. Demonstrate detailed knowledge of Cyber/E&O insurance marketplace and our team's products and services. Demonstrate ability to place a layered program ($50M+) from start to finish. Own all aspects of client service for your assigned book of business and new business opportunities in coordination with other team members and by using the deal flow process; optimally connect with other team members and administrative staff to ensure accurate prioritization of workflow. Apply effective negotiation skills to improve broking results for clients. Use data, own experience, others' perspectives, and a clear methodology improve client programs and build opportunities with prospective client programs. Work in an Aon United fashion to cross-sell Cyber Solutions products and services. Successfully apply the claims and legal advocacy group for claim administration and counsel to assist with claim resolution. Apply effective underwriter relationships to improve broking results. Proactively develop and complete a pipeline strategy for new business. Act as a mentor to more junior team members. Drive utilization of all available technology throughout broking process and client service process. Understand the causes of E&O and avoid and adopt practices to reduce exposure.
Global strategic acquisitions have strengthened Aon's fight against cyber risk. We are purpose built to be our clients' best asset against cyber threats. Aon's Cyber Solutions is uniquely qualified to offer clients tools to assess, test, quantify, transfer, and respond to cyber risk exposures. Aon is recognized as one of the industry's premier resources in cyber risk management, and our multidisciplinary team of 600+ global professionals offers strong technical and investigative proficiency, improved consulting and risk transfer expertise, long-standing carrier relationships, and robust claims handling capabilities.
Required Experience: 1+ year of insurance brokering, underwriting or account management experience, preferably within Cyber and E&O lines. Proficiency in Microsoft Office Suite such as Word, Excel, PowerPoint. Ability to form relationships. Active P&C License or the ability to obtain one within 120 days (Aon pays for). Education: Bachelor's degree or equivalent experience.
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. Pay Transparency Laws: The salary range for this position (intended for U.S. applicants) is $70,000 -$90,000 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. 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.
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