What are the responsibilities and job description for the Account Executive III-Surety position at Aon Corporation?
Aon is looking for a Surety Account Executive & Broker III in Chicago.
About Aon Surety:
As a leader in the industry, Aon is one of the largest surety brokers representing both contract and commercial clients both domestically and globally. We are the top broker with the majority of the large surety companies. Aon is seeking candidates for a Surety Account Executive Position to join our team.
Job Responsibilities:
- Responsible to manage and grow a portfolio of surety clients.
- Continuously provide advisory services by outlining the surety program options and providing guidance on the recommended structures specific to the client’s needs.
- Consult with clients regarding surety market conditions and the surety companies.
- Secure and manage surety facilities to meet the clients’ surety bond requirements. This process involves the receipt and review materials including but not limited to financial, organizational, operational, and strategic that are necessary to prepare a placement memorandum, negotiation of terms, conditions, indemnity, and completion of the requisite documentation.
- Management of the existing surety relationships on client surety programs. Including participation in, establishing and moderating meetings, when necessary, with the sureties.
- Continuously monitor clients company structure, operations, and credit profile in support of the surety program. This includes reviewing financial presentation.
- Work with client service team as client team lead in managing day to day account management of the surety business.
- Deliver new solutions for clients by reviewing their needs and ensuring surety credit is maximized
- Drive growth by working collaboratively with internal sales producers, the Insurance Account Executives and other surety team members to bring in new clients or prospects. This includes contributing to the sales process and responding to RFPs.
- Preparing and presenting surety proposals and presentations.
Required Experience:
- Experience in the surety industry of at least 5 years.
- Relationship builder – internally and externally. •
- Ability to travel.
- Well-developed communication and presentation skills.
- Attention to detail and technical proficiency is critical.
Education:
- Bachelor's Degree with emphasis in business, preferably finance or accounting, or equivalent work experience
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.
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.
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 ReasonableAccommodations@Aon.com
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.
The salary range for this position (intended for U.S. applicants) is $200,000 to $250,000 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.
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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Salary : $200,000 - $250,000
