Associate Account Executive - Surety

Aon; Toronto; Hybrid; CAD 50,000 - 70,000; Full time

Job summary

A prominent insurance firm is looking for an Associate Account Executive in Toronto, Ontario. In this role, you will handle clients' bonding needs and provide support to Account Executives. Applicants should have at least 1 year of Surety experience and a Level I Insurance License. This position promotes a hybrid work style and values continuous professional development, offering a comprehensive benefits package.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Qualifications

• 1 year of Surety experience is required.
• 3+ years of insurance industry experience is preferred.
• Commitment to ongoing learning and professional development.

Responsibilities

• Manage clients' daily bonding needs and facilitate information exchange.
• Provide administrative support for bond issuance, modifications, renewals.
• Maintain effective communication with Account Executives, clients, and underwriters.

Skills

Surety experience

Client-facing experience

Problem-solving skills

Interpersonal skills

Education

Post-Secondary degree in accounting

Level I Insurance License

Tools

Accounting software

Job description

Overview

Associate Account Executive

Are you looking for an opportunity to work with a thriving team, enhance your skills, and take the next step in your insurance career? Do you want to join a global leader in the professional services space? This could be the perfect opportunity for you!

This role is subject to our SmartWorking policy, which may allow for a hybrid work style.

Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit

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

• Manage the clients’ daily bonding needs, including receipt and review of bond requests, facilitate required information exchange between clients and underwriters to secure timely approvals;
• Manage all administrative service functions including bond issuance, modifications, renewals and cancellations, invoicing, collections, file and database management, and other related activities for assigned clients;
• Providing assistance to Accounts Executives on as needed basis;
• Maintain effective ongoing oral and written communication with Account Executives, clients, and underwriters to ensure a high level of customer service;
• Perform job duties at a high degree of accuracy with attention to detail;
• Work with the team in developing best practices pertaining to file and database management of client information and documentation on an ongoing basis;
• Represent Aon at industry functions in an effort to foster relationships with clients, prospects and underwriters;
• Establishing and maintaining strong relationships with the underwriting community for the ultimate benefit of the client;
• Maintaining a strong knowledge of surety market conditions on a macro level as well as a micro level (i.e. specific understanding of each surety market appetites);
• Provide creative input in developing and delivering surety and industry related presentations/seminars to clients and prospect audiences independently or in partnership with Account Executives;
• Provide creative input in the development of marketing strategies;
• Identifying specific client risk exposure and developing and presenting innovative solutions in support of existing/new business growth;
• Assist in brokering surety programs for new prospects including compilation of submissions, matching surety to client, financial analysis, capacity analysis, character analysis and development of brokering strategies (training will be provided);
• Plan ahead and problem solve - anticipate, report, and help resolve problems that occur;
• Leading by example by demonstrating and sharing with all lines of business the importance of best practice; and
• Other related duties and responsibilities as assigned.

How this opportunity is different

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Construction & Infrastructure [C&I] within Aon Reed Stenhouse in Toronto, ON. As a Surety Associate Account Executive, you will report directly to the Manager of the Construction Services Group and/or, the Surety Team Operations Manager.

Skills and experience that will lead to success

• One (1) year of Surety experience is required;
• Accounting experience or fundamental knowledge required;
• Someone who thrives in a fast-paced, client-facing environment.
• A problem-solver who can develop innovative solutions to meet client needs.
• 3 + years of insurance industry experience; 5 years preferred.
• Level I Insurance License is required;
• Level II Insurance License is preferred
• Excellent interpersonal, communication, and presentation skills, both verbally and written;
• Client focused with confirmed relationship building skills;
• Ability to work collaboratively as a key member of a team and independently with minimum supervision.
• Post-Secondary degree with a specialization in accounting or a combination of education and equivalent years of industry experience;
• RIBO License preferred, and would be a requirement upon hire;
• Commitment to ongoing learning and professional development including insurance courses and certifications (i.e. Canadian Accredited Insurance Broker (CAIB) / Chartered Insurance Professional (CIP)).

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.

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.

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, [e-mail]

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.