Broker I, Excess Casualty
Company: Aon Hewitt
Location: Los Angeles
Posted on: May 8, 2024
Job Description:
Broker I, Excess casualtyAs part of an industry-leading team,
you will help empower results for our clients by delivering
innovative and effective solutions as part of our Excess Casualty
business group within Aon Risk Solutions in Los Angeles. As a
Broker I, you will report directly to the Western Region
Leader.This is a hybrid role with the flexibility to work both
virtually and from our Los Angeles office.Aon is in the business of
better decisionsAt 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
- Thorough analysis of current risk transfer programs to include
coverage and cost analysis and a graphical representation of the
program.
- Insurance program structure planning and design of
alternatives.
- Provide benchmarking analysis related to limits and coverage
terms.
- Prepare all marketplace insurance submissions, coordinate and
conduct market meetings and negotiations as appropriate in
coordination with Account Executives. May include some travel.
- Finalize all risk transfer quotes and complete a thorough
comparison of program options as part of the client proposal
presentation. Comparison to include changes in exposures, losses,
coverage terms and conditions and cost of risk.
- Serve as a primary or secondary market contact as assigned and
in accordance with established policy.
- As part of a team, you are expected to educate and advise
fellow team members on coverage issues, markets, and related
developments.
- Serve as team member for Aon's broking library and periodically
contribute to the library and related best practices.How this
opportunity is differentOur Umbrella/Excess brokers are experts in
their field and handle a variety clients and program structures.
You'll work closely with a diverse team of seasoned brokers,
accounts executives, and risk analysts each bringing a wealth of
knowledge and experience to the table. This position offers you an
unique opportunity to develop professionally, expand your
expertise, and make an impact in the world of excess casualty.
Thank you for your time and consideration.Skills and experience
that will lead to success
- Casualty broker with 3-5 years of experience working on
Umbrella/Excess placements. Will be asked to work directly with
clients as lead broker or secondary broker to build excess casualty
programs, as well as participate on new business
opportunities.
- Attention to detail, ability to multi-task, exceptional
organizational skills, ability to make and communicate difficult
decisions.
- Will also participate in Account Peer Reviews and carrier form
reviews, focusing on coverage enhancement opportunities.
- An experienced umbrella and excess casualty broker or
underwriter with a solid understanding of and relationships with
insurance company management and underwriting teams/personnel.
- Strong written and communication skills necessary to
communicate in a professional manner with clients and the
marketplace.
- A strong team player who understands the roles and
responsibilities of other Aon professionals on the team, assumes
responsibility for the timely delivery of a professional work
product in accordance with assigned roles, and facilitates
communication among team members.
- Promote creativity in presenting new ideas and approaches for
clients or prospects; promote a positive attitude in always trying
to improve a program.Education: Bachelor's degree or equivalent
years of industry experience.**Property and Casualty Brokers
License is required (can be attained on the job)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 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. 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 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:Thesalary range for this position (intended for U.S.
applicants) is $85,000 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. The salary may also be adjusted based on applicant's
geographic location.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 the base salary. The
amount of any bonus varies and is subject to the terms and
conditions of the applicable incentive plan.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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Keywords: Aon Hewitt, La Mirada , Broker I, Excess Casualty, Sales , Los Angeles, California
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