Early Careers: Associate Account Executive/Associate Broker -Chicago

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Early Careers: Associate Account Executive (AAE) / Associate Broker Looking to launch your career in Risk or Reinsurance?   Do you enjoy building relationships with clients and colleagues, gathering and interpreting data, and driving innovation? Apply today for a Broker or AAE role on our Commercial Risk and Reinsurance teams!   Available Locations:  Chicago, IL This is a hybrid role with the flexibility to work both from home and your aligned office.  Recently voted one of the Best Employer for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, reinsurance, health and wealth solutions to our clients. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.   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 These roles fall under Aon’s Early Career Development program, known as Launch. Building on the development colleagues receive in the role they are hired into; the Launch program is a supplemental development program for recent college recruits to mentor and develop future leaders of the firm. This 10-month development program begins every summer and includes in-person sessions, networking opportunities, self-study and global leader calls.  What the day will look like Our Risk Solutions group assesses the risk a company has or could have and mitigates it through the placement of various insurance products and policies. They help clients achieve profit, growth, and continuity by delivering the best tailored and innovative risk solutions.   The Associate Account Executives and Associate Brokers work together to serve clients. Both roles are assigned to specific clients and participate on account teams; the AAE primarily works on daily client management and coordinates internal processes between Aon’s service center, the brokerage team and account management team. In contrast, Associate Brokers primarily interact with insurance carriers and their intermediaries, negotiate and place insurance policies on behalf of our clients. Depending on which role you are hired into, some of your responsibilities may include:   Associate Account Executives Maintain effective and productive client relationship; manage client open items lists and respond to client requests  Gather and analyze exposure data, loss history, and standard and unique coverage needs for submissions with the Brokerage Unit  Capture and analyze data and draft assigned elements of client service plans, stewardship reports and other presentations tailored to the needs of the audience and the circumstances of the presentation  Actively support and supervise the renewal process, draft quote comparisons and follow up for binders, policies and endorsements  Receive and lead routine and sophisticated coverage inquiries and endorsement requests. Serve as a key client liaison for items such as certificates, auto IDs, location additions, invoices, Worker's Compensation posting notices, allocations, premium finance agreements, summaries of insurance, and policy transmittals   Associate Brokers  Build and maintain effective working relationships with external client contacts and internal Aon clients, in addition to developing thorough knowledge of the private and nonprofit management liability insurance marketplace, products and services, developing productive business relationships with key insurance underwriters  Facilitate the compilation of submission information  Provide broking status and continuous support and service to clients during entire broking process and period of engagement  Learn and understand all elements of client presentations, developing technical writing skills, verbal presentation and negotiation skills  Responsible for all aspects of client service for assigned book of business including billing, policy collection, reviewal and transmittal in accordance with established departmental service standards  Establish basic understanding of claims administration process  Drive utilization of all available technology throughout broking process and client service process.  Replicate effective products/solutions and develop broking opportunities   REINSURANCE SOLUTIONS: Account Representatives (Brokers)  Unprecedented volatility is creating new risks and opportunities for organizations across the global economy. We provide risk transfer, claims advocacy and capital management solutions to help our clients reduce volatility and build more resilient businesses, governments and communities.   Account Representative colleagues help clients understand, manage and transfer risk through creative solutions. The role is immediately client-facing, offering exposure to high-level executives and decision-makers. Representatives work on multiple accounts as part of a larger broker team, which requires strong communication and collaboration skills. Account Representatives will develop comprehensive reinsurance market and industry knowledge while working on a variety of lines of business. Over time, colleagues will have increasing opportunities for domestic and international travel to client and reinsurer meetings and to take on expanded roles in developing strategic and innovative solutions for clients.   Job Responsibilities  Support broking teams in servicing reinsurance clients, including developing innovative solutions, leading consulting projects, and providing strategic advice to address client needs  Participate in reinsurer meetings and discussions regarding client program placements  Prepare formal reinsurance submission materials and executive-facing presentations  Assist in the technical analysis of client information  Collaborate with various supporting teams within our Reinsurance Solution such as catastrophe modeling, actuarial and contract wording   Skills and experience that will lead to success We’re looking for collaborators, critical thinkers, problem solvers, excellent teammates, effective communicators, relationship builders and future leaders. We strive to recruit a diverse group of hardworking individuals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions. Additionally, we take into consideration the following:  Ability to communicate effectively, both orally and in writing  Excellent analytical and problem-solving skills; able to identify problems and solutions  Strong interpersonal skills and ability to work effectively in a team environment  Strong research, analytical and critical thinking skills  Strong computer skills, including: Microsoft Office Suite, specifically Excel spreadsheets, Word processing, PowerPoint, e-mail and internet tools   Education: Bachelor’s degree with a major in Business, Finance, Economics, Risk Management, Insurance and Political Science preferred, but open to all majors.  Applicants for this role should graduate between December 2022 – May 2023 and have a GPA of 3.0 or above.   Unrestricted U.S. work authorization is required for U.S. office locations. We do not offer sponsorship for this position – CPT and OPT are restricted forms of work authorization.   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.  Aon provides equal employment opportunities (EEO) 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. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.   We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. #LI-MM3#AonLaunchUS#CommercialRiskReinsuranceUS#LI-HYBRID 2517989,qualifications:UNAVAILABLE,responsibilities:Early Careers: Associate Account Executive (AAE) / Associate Broker Looking to launch your career in Risk or Reinsurance?   Do you enjoy building relationships with clients and colleagues, gathering and interpreting data, and driving innovation? Apply today for a Broker or AAE role on our Commercial Risk and Reinsurance teams!   Available Locations:  Chicago, IL This is a hybrid role with the flexibility to work both from home and your aligned office.  Recently voted one of the Best Employer for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, reinsurance, health and wealth solutions to our clients. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.   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 These roles fall under Aon’s Early Career Development program, known as Launch. Building on the development colleagues receive in the role they are hired into; the Launch program is a supplemental development program for recent college recruits to mentor and develop future leaders of the firm. This 10-month development program begins every summer and includes in-person sessions, networking opportunities, self-study and global leader calls.  What the day will look like Our Risk Solutions group assesses the risk a company has or could have and mitigates it through the placement of various insurance products and policies. They help clients achieve profit, growth, and continuity by delivering the best tailored and innovative risk solutions.   The Associate Account Executives and Associate Brokers work together to serve clients. Both roles are assigned to specific clients and participate on account teams; the AAE primarily works on daily client management and coordinates internal processes between Aon’s service center, the brokerage team and account management team. In contrast, Associate Brokers primarily interact with insurance carriers and their intermediaries, negotiate and place insurance policies on behalf of our clients. Depending on which role you are hired into, some of your responsibilities may include:   Associate Account Executives Maintain effective and productive client relationship; manage client open items lists and respond to client requests  Gather and analyze exposure data, loss history, and standard and unique coverage needs for submissions with the Brokerage Unit  Capture and analyze data and draft assigned elements of client service plans, stewardship reports and other presentations tailored to the needs of the audience and the circumstances of the presentation  Actively support and supervise the renewal process, draft quote comparisons and follow up for binders, policies and endorsements  Receive and lead routine and sophisticated coverage inquiries and endorsement requests. Serve as a key client liaison for items such as certificates, auto IDs, location additions, invoices, Worker's Compensation posting notices, allocations, premium finance agreements, summaries of insurance, and policy transmittals   Associate Brokers  Build and maintain effective working relationships with external client contacts and internal Aon clients, in addition to developing thorough knowledge of the private and nonprofit management liability insurance marketplace, products and services, developing productive business relationships with key insurance underwriters  Facilitate the compilation of submission information  Provide broking status and continuous support and service to clients during entire broking process and period of engagement  Learn and understand all elements of client presentations, developing technical writing skills, verbal presentation and negotiation skills  Responsible for all aspects of client service for assigned book of business including billing, policy collection, reviewal and transmittal in accordance with established departmental service standards  Establish basic understanding of claims administration process  Drive utilization of all available technology throughout broking process and client service process.  Replicate effective products/solutions and develop broking opportunities   REINSURANCE SOLUTIONS: Account Representatives (Brokers)  Unprecedented volatility is creating new risks and opportunities for organizations across the global economy. We provide risk transfer, claims advocacy and capital management solutions to help our clients reduce volatility and build more resilient businesses, governments and communities.   Account Representative colleagues help clients understand, manage and transfer risk through creative solutions. The role is immediately client-facing, offering exposure to high-level executives and decision-makers. Representatives work on multiple accounts as part of a larger broker team, which requires strong communication and collaboration skills. Account Representatives will develop comprehensive reinsurance market and industry knowledge while working on a variety of lines of business. Over time, colleagues will have increasing opportunities for domestic and international travel to client and reinsurer meetings and to take on expanded roles in developing strategic and innovative solutions for clients.   Job Responsibilities  Support broking teams in servicing reinsurance clients, including developing innovative solutions, leading consulting projects, and providing strategic advice to address client needs  Participate in reinsurer meetings and discussions regarding client program placements  Prepare formal reinsurance submission materials and executive-facing presentations  Assist in the technical analysis of client information  Collaborate with various supporting teams within our Reinsurance Solution such as catastrophe modeling, actuarial and contract wording   Skills and experience that will lead to success We’re looking for collaborators, critical thinkers, problem solvers, excellent teammates, effective communicators, relationship builders and future leaders. We strive to recruit a diverse group of hardworking individuals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions. Additionally, we take into consideration the following:  Ability to communicate effectively, both orally and in writing  Excellent analytical and problem-solving skills; able to identify problems and solutions  Strong interpersonal skills and ability to work effectively in a team environment  Strong research, analytical and critical thinking skills  Strong computer skills, including: Microsoft Office Suite, specifically Excel spreadsheets, Word processing, PowerPoint, e-mail and internet tools   Education: Bachelor’s degree with a major in Business, Finance, Economics, Risk Management, Insurance and Political Science preferred, but open to all majors.  Applicants for this role should graduate between December 2022 – May 2023 and have a GPA of 3.0 or above.   Unrestricted U.S. work authorization is required for U.S. office locations. We do not offer sponsorship for this position – CPT and OPT are restricted forms of work authorization.   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.  Aon provides equal employment opportunities (EEO) 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. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.   We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. #LI-MM3#AonLaunchUS#CommercialRiskReinsuranceUS#LI-HYBRID,skills:UNAVAILABLE,workHours:UNAVAILABLE,jobBenefits:UNAVAILABLE,datePosted:2022-12-20T19:28:00 0000,employmentType:FULL_TIME,educationRequirements:UNAVAILABLE,salaryCurrency:USD,baseSalary:{@type:MonetaryAmount,currency:USD,value:{@type:QuantitativeValue,value:0,minValue:0,maxValue:0,unitText:YEAR}},validThrough:2023-12-20T19:28:46.000Z,industry:UNAVAILABLE,hiringOrganization:{@type:Organization,name:Aon Corporation,sameAs:https://jobs.aon.com,logo:https://assets.jibecdn.com/prod/aon/0.0.48/assets/brands/https://aon.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=1134557&hashed=154379},jobLocation:{@type:Place,address:{@type:PostalAddress,addressLocality:Chicago,addressRegion:Illinois,streetAddress:200 E Randolph,postalCode:60601,addressCountry:United States}}}

Company info

Aon PLC.
Website : http://www.aon.com