Vice President - Broker II, FSG

Company: Aon Hewitt
Location: Boston
Posted on: November 6, 2024

Job Description:

Aon is Looking for a Broker II, AVP/VP-Financial Services GroupCurrently we have an exciting career opportunity for an Assistant Vice President/Vice President within Aon Commercial Risk Solutions' Financial Services Group ("FSG").Are you ready to begin a new challenge and work with the best Insurance Professionals in the business? Then this just maybe the new opportunity you are looking for!This Broker role is responsible for developing and implementing strategic risk management solutions for large, global clients. This includes the design, marketing and service management of insurance programs in numerous industry sectors. This individual should have proven peer market relationships and emerging senior market relationships. This opportunity is a hybrid role with the flexibility to work both virtually and from our Boston office.What the day will look likeResponsible for assessing client needs, crafting solutions and negotiating with insurance carriers to acquire coverage that is in a client's best interests. Coverages include: Directors and Officers Liability, Employment Practices Liability, Crime, Fiduciary Liability, and Kidnap/Ransom.

• Analyze and present sophisticated insurance contract concepts.
• Effectively communicate renewal strategies and results to clients, including product/structure overviews, insurance market dynamics, litigation trends and contract features.
• Utilize refined technical skills including client analysis / underwriting and insurance program diagnostic skills to continually improve client programs and build opportunity with prospective client programs.
• Maintain effective working relationships with all external client contacts, prospects (primarily in the department of treasury, legal departments, or risk management).
• Build internal working relationships with Aon product specialists, brokers, producers and account executives.
• Develop and deliver client and prospect presentations in conjunction with senior team members.
• Utilize effective underwriter relationships to improve broking results via a deep understanding of marketplace, carrier appetite and capabilities to be able to leverage carriers effectively.
• Engage the Aon FSG claims and legal advocacy group for claim administration and counsel as per established protocols and as advised by senior team member.
• Apply effective negotiation skills to secure optimal broking results for clients.Skills and experience that will lead to success
  • 5-7+ years in brokering, underwriting, and/or other relevant executive liability proven experience.
  • Excellent negotiation skills.
  • Strong experience using Microsoft Office Suite (Word, PowerPoint, Excel and Outlook).
  • Excellent communication skills both written and verbal.
  • Property & Casualty license required within 6 months of hire date.Education:
    • Bachelor's degree required or equivalent years of industry experience.How we support our colleaguesIn 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.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.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.Pay Transparency Laws:The salary range for this position (intended for U.S. applicants) is $132,000 - $180,000 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 incentives in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.#LI-HYBRID
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Keywords: Aon Hewitt, Pawtucket , Vice President - Broker II, FSG, Executive , Boston, Rhode Island