Account Executive III - Construction & Infrastructure

Aon Corporation; Boston, New York (MA, NY); On-site; USD 170,000 - 250,000; Full time

Benefits offered by this job

401(k) savings plan

Employee stock purchase plan

Medical, dental, and vision insurance

Paid vacation and sick leave

Tuition assistance

Job summary

A prominent risk management firm is seeking an Account Executive III to join their team in Boston. This role focuses on construction and infrastructure risks, involving client interactions, risk analysis, and policy management. The ideal candidate will have over 10 years of experience in commercial insurance, particularly in the construction sector. A competitive salary ranging from $170,000 to $250,000, along with comprehensive benefits, is offered to the right candidate.

Qualifications

• 10+ years of commercial insurance experience, preference for those experienced in Construction.
• Commitment to ongoing learning and development including insurance certifications.

Responsibilities

• Develop coverage strategy and marketing initiatives for clients.
• Analyze client-specific risk exposure and prepare marketing proposals.
• Maintain positive relationships with underwriting partners.

Skills

Commercial insurance experience

Construction industry experience

Analytical skills

Contract review

Client service

Education

Bachelor’s degree or equivalent industry experience

Property and Casualty Brokers License

Job description

Aon is looking for an Account Executive III in New York City or Boston!

Are you looking for an opportunity to take the next step in your Construction & Infrastructure Risk career? Keen to work with an experienced team who are motivated by exciting work and continuous learning?

Our Construction Services Group is seeking an Account Executive III to join their team in the Northeast!

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:

• Collaborates with senior unit members to develop coverage strategy and marketing initiatives for renewal and prospective business
• Accurately and timely responding to client requests and inquiries
• Preparing new business and renewal and keeping them up to date
• Analyzes client specific risk exposure and details coverage requirements; prepares and presents marketing proposals for renewals and new business
• Establish and maintain positive relationships with the underwriting community, especially key partner markets
• Processing, and/or issuing where applicable, new policies and policy renewals, changes, additions, deletions and cancellations
• Reviewing and proofreading all assignments, acquiring accurate signatures and dispensing as appropriate
• Calculating adjustments and premiums on polices and other insurance and provider documents
• Lead, measure and report on ongoing insurance or risk retention programs
• Handle daily tasks and key assignments with appropriate technology tools

Skills and experience that will lead to success

• 10+ years experience of commercial insurance experience, preference for those experienced in Construction
• Commitment to ongoing learning and professional development including insurance courses/certifications/designations
• Thorough analysis of current risk transfer programs, such as coverage and cost analysis and graphical representations of the program
• Insurance program structure planning and design of alternatives based on client objectives
• Prepare marketplace insurance submissions, coordinate, and assist in market meetings and negotiations, as appropriate
• 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 exposure, losses, coverage terms and conditions and cost of risk
• Contract Review
• Responsible for ensuring proper client service
• Policy and other related document checking
• Invoicing and other transactional duties
• Review and clearing audits and adjustments
• Claims review and analysis
• Assist team as needed, ie: special projects, daily backup

Education:

• Bachelor’s degree in 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

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. 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 [e-mail]

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.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $170,000 to $250,000 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.

A summary of all the benefits offered for this position:

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.