Vice President, Primary Casualty - National Accounts
$120k - $164kAon Risk Services Inc
Vice President, Primary Casualty – National Accounts
The National Casualty Practice is a premier team of casualty brokerage professionals with extensive experience in representing buyers of primary and umbrella/excess liability. We are looking to add a Vice President, Broker II to our Chicago Primary Casualty team!
This is a hybrid role with three days a week in the Chicago 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
Utilizing risk expertise and knowledge of industry and insurance marketplace, a Broker II reviews clients’ exposures and loss experience and develops solutions for clients’ needs.
- Perform the services of an Insurance Broker for Worker’s Compensation, Commercial Auto, and General Liability policies.
- Thorough analysis of current risk transfer programs to include coverage and cost analysis and a graphical representation of the program.
- Insurance program structure planning and design of alternatives. \
- Prepare all marketplace insurance submissions, coordinate and conduct market meetings and negotiations as appropriate in coordination with Account Executives. May include some travel.
- Finalize all quotes and complete a thorough comparison of program options as part of the client proposal presentation. Comparison to include changes in exposures, losses, collateral, coverage terms and conditions and cost of risk.
- Executing placements within required timeframes and servicing those placements including policy reviews, etc.
- Analyze and review insurance programs for clients to determine optimum program including structure, pricing, terms and conditions for both new and renewal business.
- Develop and maintain strong 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.
- Knowledge of Benchmarking and Loss Analysis.
How this opportunity is different
Our colleagues have access to industry resources and expertise through data, research, and collaboration with subject matter experts. You will have the ability to ensure our clients are better informed and advised, so they can make better decisions about their future.
Skills and experience that will lead to success
- 5 to 7+ years of experience working in primary placements and/or in casualty.
- Proven knowledge of Casualty (Workers Compensation, Commercial Auto, General Liability, Umbrella/Excess).
- Strong understanding of national casualty risks and carrier appetites.
- Broad relationships with the carriers that write national casualty P&C business.
- Attention to detail, ability to multi-task, exceptional organizational skills, ability to make and communicate difficult decisions.
- Strong experience using Microsoft Suite (Word, Excel, PowerPoint, and Outlook) and presentation skills.
Education:
- Bachelor’s degree or equivalent years of industry experience.
- Property and Casualty Brokers License is required (can be attained on the job)
How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!
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, diverse 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 welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email View email address on click.appcast.io
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.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Pay Transparency Laws:
The salary range for this position (intended for U.S. applicants) is $120,000 to $164,000 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.
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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