Description

Aon Is Looking For A Underwriting Professional I

We currently have an exciting career opportunity for an Underwriting Professional I, Associate Underwriter in our Fort Washington, PA office. This position will support Aon's Affinity Nonprofits division.

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 team and we are passionate about helping our colleagues and clients succeed.

What the day will look like:

The Underwriting Professional I will be responsible for in-depth management liability insurance underwriting review and rating of renewal and new business risks within an affinity program targeting the nonprofit sector.

• Extensive review and analysis of submissions, gathering data and assessing risk against established underwriting guidelines for the program.

• Responsible for utilizing rating tools and input in underwriting systems.
• Accountable for accurate risk assessment and documentation and executing sound decisions/recommendations while deploying clear communication with the team, carrier and retail brokers on accounts.
• Consolidate risk profiles into concise presentations to carrier and understanding of program parameters.
• Responsible for maintaining detailed knowledge of carrier forms, products and competitive landscape as well as program strategic direction and growth initiatives.
• Delivery of concise and accurate new/renewal proposals to retail brokers for eligible risks.
• Aggressive and methodical follow-up on open renewal and new business proposals to achieve improved retention rates and hit rates.
• Adept in conducting detailed discussions with retail brokers about coverage and pricing features of the programs.
• Responsible for maintaining strong working knowledge of necessary resources, marketing materials, and available technology.
• Recognizes opportunities for process improvements & recommends changes.
• Relays market intelligence to ensure product is positioned versus competition best in the market for continued success.
• Proven ability to facilitate and negotiate using tact and diplomacy.

Skills and experience that will lead to success:

• Strong verbal and written communication skills and property & casualty insurance carrier underwriting experience.
• Ability to multi-task.
• Strong analytical skills and familiarity in working with internal and external underwriting systems and tools.
• Self-motivated, highly organized and detail oriented.
• Experience with MS Office suite products, proficiency with Excel required.
• A minimum of 3 + years commercial property & casualty or management liability insurance work experience required.
• Ability to review applications, assess risk and make sound underwriting decisions based on established criteria and /or judgment.
• Property & Casualty license preferred - must be obtained within six months of hire date.

Education:

• Four-year college degree in Business, Risk Management or Finance major preferred, or equivalent combination of education and work experience required

How we support our colleagues:

In addition to our comprehensive benefits package, we encourage an inclusive 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 and inclusive 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. People with criminal histories are encouraged to apply.

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 ReasonableAccommodations@Aon.com

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.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

The salary range for this position (intended for U.S. applicants) is $60,000 to $70,000 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.

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.

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 p rogram that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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2576203
Requisition #: 100371

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