Aon Hewitt
Assistant Vice President, Professional Services Practice
Aon Hewitt, Chicago, Illinois, United States, 60290
Aon is looking for an Assistant Vice President, Professional Services
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 hybrid-remote in our Chicago, IL 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, diverse team, and we are passionate about helping our colleagues and clients succeed.
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 :
2+ years of D&O/EPL/Management Liability related experience, experience with professional service firm clients 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.
Education :
Bachelor’s degree or equivalent years of industry experience.
Insurance Broker license must be obtained within 90 days of hire, if the candidate does not currently have one.
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.
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.
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.
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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 hybrid-remote in our Chicago, IL 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, diverse team, and we are passionate about helping our colleagues and clients succeed.
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 :
2+ years of D&O/EPL/Management Liability related experience, experience with professional service firm clients 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.
Education :
Bachelor’s degree or equivalent years of industry experience.
Insurance Broker license must be obtained within 90 days of hire, if the candidate does not currently have one.
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.
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.
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.
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