Vice President/Broker 2 - Financial Services Group

Vice President/Broker II - FSG

Currently we have an exciting career opportunity for a Vice President/Broker II (FSG) within Aon Commercial Risk Solutions’ Financial Services Group (“FSG”).

Are you ready to begin a new challenge and work with the best Insurance Professionals in the business? Then this just maybe the new opportunity you are looking for!

This opportunity is a hybrid role to work from 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.

What the day will look like

Responsible for assessing client needs, crafting solutions and negotiating with insurance carriers to acquire coverage that is in a client’s best interests. Coverages include: Directors and Officers Liability, Employment Practices Liability, Crime, Fiduciary Liability, and Kidnap/Ransom.

• Analyze and present sophisticated insurance contract concepts.
• Effectively communicate renewal strategies and results to clients, including product/structure overviews, insurance market dynamics, litigation trends and contract features.
• Utilize refined technical skills including client analysis / underwriting and insurance program diagnostic skills to continually improve client programs and build opportunity with prospective client programs.
• Maintain effective working relationships with all external client contacts, prospects (primarily in the department of treasury, legal departments, or risk management).
• Build internal working relationships with Aon product specialists, brokers, producers and account executives.
• Develop and deliver client and prospect presentations in conjunction with senior team members.
• Utilize effective underwriter relationships to improve broking results via a deep understanding of marketplace, carrier appetite and capabilities to be able to leverage carriers effectively.
• Engage the Aon FSG claims and legal advocacy group for claim administration and counsel as per established protocols and as advised by senior team member.
• Apply effective negotiation skills to secure optimal broking results for clients.

How this opportunity is different

The Financial Services Group (FSG) is Aon’s dedicated management liability insurance specialty practice with deep experience in directors’ and officers’ (D&O), employment practices liability (EPL), fiduciary, crime, and kidnap, ransom, and extortion (KRE). FSG works closely with Aon’s Cyber Solutions Cyber Broking team to deliver seamless advice and insurance placement across key financial lines, including errors and omissions (E&O). The FSG team comprises insurance professionals dedicated to serving the needs of our clients.

Skills and experience that will lead to success

Required Experience

• 5+ years in brokering, underwriting, and / or other relevant executive liability proven experience.
• Excellent negotiation skills.
• Strong experience using Microsoft Office Suite (Word, PowerPoint, Excel and Outlook)
• Clear and effective written and verbal expression.
• Property & Casualty license required within 6 months of hire date.

Education: Bachelor’s degree required or equivalent years of industry experience.

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.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $140,000 – $200,000 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.

The salary range reflected is based on a primary work location of Illinois. The actual salary may vary for applicants in a different 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.

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