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Business Development Executive
2 months ago
About the Role
Aon is seeking a highly skilled and experienced Insurance Broker to join our team. As an Insurance Broker, you will play a critical role in helping our clients navigate the complex world of risk management and insurance.
Key Responsibilities
- Collaborate with Account Executives to develop coverage strategies and marketing initiatives for renewal and prospective business;
- Process, and/or issue where applicable, new policies and policy renewals, changes, additions, deletions, and cancellations;
- Prepare new business and renewal files and keep them up to date;
- Analyze client-specific risk exposure and detail coverage requirements; prepare and present marketing proposals for renewals and new business;
- Negotiate, establish, and maintain strong relationships with the underwriting community for the ultimate benefit of the client;
- Follow up with insurers to confirm terms of negotiated contracts are met;
- Communicate directly with underwriters to follow up or obtain additional information;
- Review and proofread all assignments, obtain proper signatures, and dispense as appropriate;
- Calculate adjustments and premiums on policies and other insurance documents;
- Provide leadership, mentoring, and direction to the Associate Broker and Broking Coordinator;
- Lead by example by demonstrating and sharing with all lines of business the importance of best practice;
- Other related duties and responsibilities as assigned.
What Sets This Opportunity Apart
As an Insurance Broker at Aon, you will have the opportunity to work with a national team that will provide you with training and support to help you grow in your career. You will work closely with account managers as an expert advisor, and your work will have a significant impact on the client's risk transfer strategy, specifically in relation to their executive risks, which includes liability of directors' and officers' liability, fiduciary liability (pension plan), employment practices liability, and fidelity insurance.
Requirements
- Minimum 5 years of experience and knowledge in insurance, an asset;
- Level One & Two insurance license preferred, or intention to obtain within a period of 6 months;
- Strong written and verbal communication skills.
About Aon
Aon is a global professional services firm that helps organizations navigate the complex world of risk management and insurance. We are committed to helping our clients make better decisions and achieve their goals. Our team is united through trust and is passionate about helping our colleagues and clients succeed.
