Assistant Vice President, Professional Services Practice

Aon is looking for a Specialty Lines Broker

For a complete understanding of this opportunity, and what will be required to be a successful applicant, read on.

Aon’s Professional Services practice provides risk advisory and insurance services to prestigious professional service firm clients. We offer challenging and rewarding work along with career progression opportunities - all in a supportive and team environment. This will be a hybrid opportunity with the flexibility to work out of our Chicago, IL or New York City office.

How This Opportunity Is Different

We are seeking an enthusiastic, motivated and career-minded individual to join our client service team. The Assistant Vice President (AVP) role provides client responsibilities as well as leading the strategy and broking on D&O / EPL / Management Liability Insurance programs in addition to supporting team members on other specialty insurance placements. The AVP must collaborate with team members to ensure all clients’ needs are promptly and accurately satisfied; ensure all deadlines are met on a timely basis; ensure quality standards are maintained and handle projects and responsibilities independently.

What The Day Will Look Like

• Lead broking strategy and execution on D&O / EPL / Management Liability lines of coverage.
• Assist team members in providing insurance broking and related advisory services for the insurance needs of professional service firm clients.
• Work with client service teams in the delivery of services and advice to clients’ senior management, risk managers and offices of general counsel.
• Build relationships with insurance markets and participate in the broking of requisite insurance placements.
• Provide advice, support, and prepare key deliverables to clients.
• Prepare underwriting submissions and claims exhibits for commercial (re)insurers.
• Draft and prepare policy documentation and endorsements and prepare wording comparisons across different risks, when necessary.
• Oversee the preparation of premium invoices and compute applicable taxes and track the receipt and flow of funds.
• Facilitate accurate organization and administration of clients’ claims data and its extraction for reporting purposes.
• Collaborate with the group’s data and analytics leader in using data to assist clients in understanding and managing their professional liability risk. Prepare and analyze statistical exhibits and presentations in relation to historical claims experience.
• Prepare reports, summaries, papers, and meeting materials for delivery directly to clients.
• Plan and coordinate client meetings and events as required.
• Respond to queries from clients and commercial (re)insurers.
• Manage and assist in the preparation and issuance of verifications of insurance.
• Collaborate with colleagues in other Aon offices (Toronto, London, New York and Bermuda) in the coordinated delivery of service to clients.
• Attend team meetings, maintain team / personal outstanding lists, and maintain files that clearly and accurately record the activities and communications of the team.
• Attend training sessions, presentations and meetings that will assist with present and anticipated future responsibilities.

Skills And Experience That Will Lead To Success

Requirements :

Education :

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.

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.

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.

Pay Transparency Laws :

The salary range for this position (intended for U.S. applicants) is $100,000 to $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.

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.

We offer you

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; 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 : $100,000 - $120,000