Associate Broker - Life Sciences Group

Aon Is Looking for an Associate Broker - Life Science Group

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Life Science Risks out of the National Practice Group, based in Philadelphia. Qualified candidate can work in or near our Philadelphia office. 

Your Impact as an Associate Broker 

 Job Responsibilities:

• Responsible for broking/placing Products Liability/E&O coverage for Life Science clients
• Continue to develop productive business relationships with key Life Sciences insurance underwriters and management
• Develop and maintain effective working relationships with appropriate external client contacts and other internal Aon clients
• Demonstrate thorough knowledge of Products Liability / E&O insurance coverages for Life Science firms
• Working knowledge of key Life Science insurers’ policies
• Service clients on an as needed basis and provide effective responses on a timely basis.  Do so in conjunction with other team members where appropriate
• Facilitate the compilation of submission information in conjunction with appropriate external client contacts and internal Aon clients
• Provide broking status and continuous support and service to clients during entire broking process and entire period of engagement by client (this is a continuous process)
• Create presentations, such as, Renewal Strategies and Coverage Proposals
• Demonstrate ability with all elements of client presentations including technical writing and verbal presentation skills.
• Utilize effective negotiation skills.
• Responsible for all aspects of client service for assigned book of business including, quoting/binding, policy collection, review and transmittal in accordance with established departmental service standards
• Establish understanding of claims administration process and utilize the claims and legal advocacy group for claim administration and counsel as per established protocols and as directed by senior team members
• Drive utilization of all available technology throughout broking process and client service process
• Understand the causes of E&O and avoid and adopt practices to reduce exposure
• Adhere to all best practices
• Replicate effective products/solutions and develop broking opportunities
• Retain and grow assigned clients/prospects
• Adhere to the highest standards of professionalism and ethical behavior in all activities

You Bring Knowledge and Expertise

Required Experience: 

• 0-2 years brokering underwriting experience, with a minimum of 2 years broking complex Life Sciences Products Liability/E&O placements
• Excellent negotiation skills
• Ability to cultivate  relationships with Life Sciences underwriters
• Basic understanding of Claims Made and Occurrence Reported coverages
• Creativity in designing/handling client placements and issues

Education:

• Bachelor’s degree or equivalent years of industry experience.

We offer you

A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

Our Colleague Experience:

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day.  They make a difference, work with the best, own their potential, and value one another.  This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.

About Aon:

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Aon provides equal employment opportunities (EEO) 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, or domestic partner status.  Aon is committed to a diverse workforce and is an affirmative action employer.

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

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