Assistant Vice President

Aon
Los Angeles, CA Full Time
POSTED ON 4/26/2024 CLOSED ON 5/4/2024

What are the responsibilities and job description for the Assistant Vice President position at Aon?

Aon is hiring for an Assistant Vice President!

As part of an industry-leading team, you will empower results for our clients by delivering innovative and effective solutions as part of our Private Risk Management business group within Aon.

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.

How this opportunity is different:

Aon Private Risk Management (APRM) designs, implements, and services customized personal risk management strategies for High-Net-Worth individuals and families.

We are seeking an emerging team member who is responsible for the day-to-day account management and broking of complex personal insurance programs for affluent clients and families. The Assistant Vice President works to build, expand, and solidify relationships with existing clients and prospective clients. Leads appropriate resources to address the client/prospective client's risk needs, thereby retaining and growing a profitable book of business. Our Assistant Vice President promotes the value that Aon delivers to clients through superior service, pricing, consultation, and reporting.

What the day will look like:

  • Manages an assigned book of high-net-worth personal insurance clients with personal insurance portfolios of varying size and complexity. May also include Group Excess Liability programs.
  • Brokers and maintains required insurance policies and risk management solutions on behalf of clients.
  • Conducts annual reviews for clients ahead of key renewal dates.
  • Coordinates all client-related billing matters and maintains aged receivables report.
  • Works with Client Services team and assigned Coordinator to process changes and other client requests in a timely manner.
  • Maintains an awareness of all large and potentially complicated claim-related matters and assists in the negotiation of equitable claim settlements on behalf of clients.
  • Engages internal and external resources as required in order to Empower Results on behalf of our clients.
  • Achieves assigned annual revenue growth and retention metrics. Supports growth of book of business through rounding of accounts and through new business production.
  • Client focus time service standard of returning a phone call within 24 hours and responding to email by the end of the day.
  • Develops and maintains meaningful working relationships with insurers, clients, referral sources, and colleagues through regular contact and interaction.
  • Maintains awareness of all insurance carrier partner products, services, and systems.
  • Fully utilizes internal client management system to maintain policies, client correspondence, coordinate billing activities, and manage client-related tasks.

Skills and experience that will lead to success:

  • Active Property & Casualty License required.
  • 5-10 years of client service experience in personal lines insurance and risk management.
  • Solid negotiation skills and proven technical proficiency demonstrating capabilities to build innovative solutions.
  • Strong knowledge of the insurance business and assigned clients' needs as well as all major lines of business.
  • Proficiency in PC office products such as Word, Excel, PowerPoint, and Outlook.
  • Proficiency in utilizing carrier management platforms and evidence of ability to become proficient in the use of Aon-specific software tools.
  • Appropriate insurance designations such as CPCU, CIC, CPRM, and/or ARM completed or in process is preferred.

Education:

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

How we support our colleagues:

In addition to our comprehensive benefits package, we encourage a diverse 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, diverse 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

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 $110,000 to $130,000 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.

The salary range reflected is based on a primary work location of California. The actual salary may vary for applicants in a different geographic location.

This position is eligible to participate in one of Aon's annual incentive plans to receive an annual discretionary bonus and production incentives in addition to base salary. The amount of any bonus and production incentives 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 program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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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.

 

Salary : $110,000 - $130,000

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