AON Account Executive/Broker I Salary in the United States

How much does a Account Executive/Broker I make at companies like AON in the United States? The average salary for Account Executive/Broker I at companies like AON in the United States is $93,981 as of March 26, 2024, but the range typically falls between $78,135 and $109,827. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

About AON

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View aon Salary

What does a Account Executive/Broker I do at companies like AON?

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of Aon's small commercial team, based in Morristown, NJ/ NYC area (servicing the West/Southwest Region). Other Aon US locations will be considered for the right candidate.

 

This is a fast paced highly transactional role. As a hybrid Account Executive/Broker I you’ll be responsible for handling approximately 60 - 80 clients. Account size will range between $50K - $500K in total premium. 

 

Job Responsibilities:
An emerging leader who is responsible for the day-to-day account management and for broking at least 70% of the premium for her/ his Commercial Risk clients (Small to Mid-Sized accounts, typically without a professional risk manager).

 

Cultivating relationships – Retains and grows Aon’s business.

Account Profitability – Ensures overall account profitability with a value based approach for the scope of service and costs associated with the client.

Aon Leadership Model – Understands and works in alignment with the leadership and its pillars of client value, unmatched teams, innovation, results and values.

Renewal Process – Drives the renewal process developing and implementing the client specific renewal strategy.

Through service, pricing, consultation and reporting, promotes the value Aon delivers to clients.

Is responsible for commission management on brokered products, including utilization of the Commission Grid and other Aon broking levers.
Learning to build, expand, and solidify relationships with existing clients at senior levels within the company and to lead appropriate resources to address the client's risk/capital management needs and thereby retain and grow a profitable book of business.

 

You Bring Knowledge and Expertise
Required Experience:
- 3-5 years’ experience with Broking or Underwriting, preferably within P&C. Experience with financial lines would be a plus.
- Experience working with commercial clients is preferable.
- Ability to build strong relationship with both internal and external clients.
- Manages input to and follow-up on invoicing and receivables process for assigned clients, ensuring timely collections.
- Ensures that account data supports the integrity of company accounting and tracking systems. Manages expenses.
- Ensures operational excellence, including adherence to service management requirements (e.g., Transparency & Disclosure, Aon Compliance requirements, Client Promise Methodology).
- Uses Aon tools and implements processes.
- Pro-actively develops knowledge of sister Aon companies and seeks to identify and develop relevant cross sales opportunities.

- Comfortable with learning new technologies. 


Education/License:
- Bachelor’s degree required

- P&C Valid License
- CPCU/CIC/ARM is a plus

 

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.

 

By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test.  You will be notified during the hiring process which checks are required by the position.

 

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.

 

DISCLAIMER:
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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$78,135 Low Average $93,981 High $109,827

Understand the total compensation opportunity for Account Executive/Broker I at companies like AON, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$78,135
$109,827
$93,981
The chart shows total cash compensation for the AON Account Executive/Broker I in the United States, which includes base, and annual incentives can vary anywhere from $78,135 to $109,827 with an average total cash compensation of $93,981. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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