At a Glance
- Tasks: Assist in providing insurance broking and advisory services for professional service clients.
- Company: Join Aon, a leader in risk advisory and insurance services, dedicated to better decisions.
- Benefits: Enjoy flexible hybrid work, comprehensive benefits, and two Global Wellbeing Days each year.
- Why this job: Be part of a supportive team culture while making impactful decisions for clients.
- Qualifications: 2+ years in specialty lines; strong communication, analytical, and interpersonal skills required.
- Other info: Opportunities for travel and continuous learning in an inclusive workplace.
The predicted salary is between 60000 - 84000 ÂŁ per year.
Aon is looking for a Specialty Lines Broker. 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.
What the day will look like:
- 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’ 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 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 insurers.
- Manage and assist in the preparation and issuance of verifications of insurance.
- Collaborate with colleagues in other Aon offices (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.
How this opportunity is different:
We are seeking an enthusiastic, motivated and career-minded individual to join our client service team. This role provides client responsibilities as well as broking directly with the insurers on Lawyers Professional Liability, Cyber Liability, Employment Practices Liability and Management Liability programs and supporting team members on other specialty insurance placements. The candidate 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.
Skills and experience that will lead to success:
- 2+ years of specialty lines (LPL, EPL/ML, Cyber) related experience, experience with professional service firm clients a plus.
- Conversant in cybersecurity and cyber risks for professional service firms is a plus.
- Strong written and verbal communication skills.
- Strong analytical skills.
- Experience in using data and models to deliver solutions.
- Strong interpersonal skills.
- Experience as an effective team player.
- Motivated and self-directed.
- Able to work with minimal supervision.
- Strong attention to detail.
- Ability to work under pressure.
- Ability to organize, prioritize and control workflow deadlines, manage multiple tasks and responsibilities and be flexible.
- Support the development of colleagues - train and mentor others effectively.
- Proficiency with MS Office (Word and Excel in particular).
- Willingness to travel within the U.S. and internationally.
How we support our colleagues:
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well. 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 and inclusive 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 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.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Your employment is contingent upon obtaining and/or maintaining all Property & Casualty licenses in the required states, as designated by Aon. You must successfully complete the required course work and pass the examinations within 6 months of your start date. In addition, you will complete all required paperwork necessary in obtaining the licenses. Aon will be responsible for paying the costs associated with the coursework and examinations according to the Aon licensing policy. Failure to meet these requirements will result in the termination of your employment with the firm.
Pay Transparency Laws: The salary range for this position (intended for U.S. applicants) is $76,100 to $101,000 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.
Specialty Lines Broker, Professional Service Group employer: Aon Hewitt
Contact Detail:
Aon Hewitt Recruiting Team
ReasonableAccommodations@Aon.com
StudySmarter Expert Advice 🤫
We think this is how you could land Specialty Lines Broker, Professional Service Group
✨Tip Number 1
Familiarise yourself with the specific types of specialty lines insurance, such as Lawyers Professional Liability and Cyber Liability. Understanding these areas will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the insurance and risk advisory sectors. Attend industry events or webinars to connect with current employees at Aon or similar firms, which can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your analytical skills and data interpretation. Since the role involves using data to assist clients, being able to showcase your proficiency in this area during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with client service and teamwork. Aon values collaboration, so be ready to share examples of how you've successfully worked in teams and managed client relationships in previous roles.
We think you need these skills to ace Specialty Lines Broker, Professional Service Group
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in specialty lines, particularly in Lawyers Professional Liability, Cyber Liability, and Employment Practices Liability. Use specific examples that demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention how your background aligns with Aon's values and the specific responsibilities of the Specialty Lines Broker position. Be sure to include your understanding of the professional service sector.
Highlight Analytical Skills: Since the role requires strong analytical skills, provide examples in your application that demonstrate your ability to use data and models to deliver solutions. This could include past projects or experiences where you successfully analysed data to inform decisions.
Showcase Team Collaboration: Aon values teamwork, so be sure to mention any experiences where you effectively collaborated with colleagues or clients. Highlight your ability to work independently while also being a supportive team player, as this is crucial for the role.
How to prepare for a job interview at Aon Hewitt
✨Know Your Specialty Lines
Make sure you have a solid understanding of the specialty lines relevant to the role, such as Lawyers Professional Liability, Cyber Liability, and Employment Practices Liability. Be prepared to discuss your experience in these areas and how it relates to the needs of professional service firm clients.
✨Demonstrate Strong Communication Skills
Since this role involves advising clients and collaborating with team members, showcase your strong written and verbal communication skills during the interview. Practice articulating complex concepts clearly and concisely, as this will be crucial in your day-to-day responsibilities.
✨Showcase Analytical Abilities
Highlight your analytical skills by discussing past experiences where you've used data to inform decisions or solve problems. Be ready to provide examples of how you've prepared reports or presentations that helped clients understand their risks better.
✨Emphasise Team Collaboration
Aon values teamwork, so be prepared to share examples of how you've successfully collaborated with colleagues in previous roles. Discuss how you can contribute to a supportive team environment and help develop your peers, as mentoring is an important aspect of this position.