Account Executive III - Construction & Infrastructure
Aon Corporation9 months ago
New York, NY, United States
On-site
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
Aon is seeking an Account Executive III to join their team in New York City. Are you ready to advance your Construction & Infrastructure Risk career and collaborate with experienced professionals motivated by exciting work and continuous learning? At Aon, we shape decisions for the better, protecting and enriching lives around the world. Location: New York City. Salary: $170,000 - $250,000 annually, with eligibility to participate in an annual discretionary bonus plan.
Key Responsibilities
- Collaborates with senior unit members to develop coverage strategy and marketing initiatives for renewal and prospective business
- Responds accurately and promptly to client requests and inquiries
- Prepares new business proposals and renewals and keeps them up to date
- Analyzes client risk exposure and coverage requirements; prepares and presents marketing proposals for renewals and new business
- Establishes and maintains positive relationships with the underwriting community, especially key partner markets
- Processes and issues new policies, policy renewals, changes, additions, deletions, and cancellations as applicable
- Reviews and proofreads assignments, ensuring accurate signatures and proper documentation
- Calculates adjustments and premiums on policies and related insurance documents
- Leads, measures, and reports on ongoing insurance or risk retention programs
- Manages daily tasks and key assignments using appropriate technology tools
Required Qualifications
- 10+ years of commercial insurance experience, with a preference for candidates experienced in Construction
- Commitment to ongoing learning and professional development, including insurance courses, certifications, and designations
- Ability to perform thorough analyses of current risk transfer programs, including coverage and cost analysis with graphical representations
- Experience in insurance program structure planning and the design of alternatives based on client objectives
- Skilled in preparing marketplace insurance submissions, and coordinating market meetings and negotiations as required
- Adept at finalizing risk transfer quotes and conducting comprehensive comparisons of program options, including exposure, losses, coverage terms, and cost of risk
- Proficient in contract review, document checking, invoicing, and processing transactional duties
- Experience in reviewing audits, adjustments, claims analysis, and providing overall client service
- Willingness to assist with special projects and daily backup support as needed
- Education: Bachelor’s degree or equivalent years of industry experience; a Property and Casualty Brokers License is required or must be obtained within 120 days of hire if not already active
Benefits & Perks
- Benefits: A comprehensive package for full-time and regular part-time colleagues, including a 401(k) savings plan with employer contributions, an employee stock purchase plan, eligibility for long-term incentive awards, medical/dental/vision insurance, various leave options, paid time off (12 paid holidays, 15 vacation days, and paid sick leave), short-term and optional long-term disability, health savings and reimbursement accounts, life and supplemental insurance, and additional perks such as adoption assistance, tuition assistance, commuter benefits, and an employee assistance program.
Required Skills
Construction Risk
Infrastructure
Client Relationship Management
Insurance Program Structuring
Contract Review
Policy Renewal
Market Strategy
Risk Analysis
Regulatory Compliance
Commercial Insurance