Vice President, Broker II - Financial Services Group - Private & Nonprofit

Company: Aon Hewitt
Location: Chicago
Posted on: April 16, 2025

Job Description:

Vice President, Broker II for Financial Services Group (FSG) for Private & Non-ProfitDo you want to join an industry-leading team and deliver innovative and real-world solutions to get results for our private and nonprofit clients? It will require having a passion for client service and a high level of performance and management liability insurance expertise.This is a hybrid role with the flexibility to work both virtually and from our New York, NY; Atlanta, GA; or Boston, MA office.Aon is in the business of better decisionsAt 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.How this opportunity is differentYou can play a key role in supporting business growth and client service in the growing private and nonprofit space, making a direct impact on the company's success.What the day will look like:

• Assess client needs, designing solutions and negotiating with insurance carriers so as to obtain coverage that is in a client's best interests.
• Develop and manage client relationships, account strategies and insurance marketing activities for book of business. Act as the primary negotiator in obtaining the most effective insurance programs to address client needs.
• Work closely with Team Leaders, Producers, Account Executives, and other client-facing team members to understand and deliver on clients' needs.
• Identify and analyze client exposures with routine assistance of junior team members to develop effective client risk treatment and placement strategies.
• Obtain the most appropriate program coverage based upon client objectives by developing and executing, in conjunction with the client, an agreed-upon structure and strategy.
• Serve as a source for information concerning market trends, pricing practices and other underwriting policies. Participate in the development of team policies and procedures and implement them in the assigned area.
• Provide guidance to more junior colleagues.
• Direct the overall development and growth of assigned book of business and assist in the development of the colleagues.
• Work on complex and mid-sized accounts with autonomy.
• Provide expert comparison and analysis of insurance policies and determination of needed enhancements.
• Grow Aon's PNP Portfolio.
• Champion initiatives for Aon's 3x3 strategy.Skills and experience that will lead to success
  • Minimum of five years of negotiating private and nonprofit management liability insurance placements, including: Directors and Officers (D&O), Employment Practices (EPL), Fiduciary, Commercial Crime and Special Crime (K&R).
  • Proven attention to detail, ability to multi-task, exceptional organizational and communication skills.
  • Established insurer relations in the private, non-profit executive liability industry with a high-level understanding of products, including liability, risk transfer and indemnification concepts.
  • Current insurance licensure or ability to quickly acquire an insurance producer's license in all applicable states.Education: Bachelor's degree or equivalent experienceHow we support our colleaguesAon 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.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 .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.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.Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.Pay Transparency Laws:The salary range for this position (intended for U.S. applicants) is $160,000 - $185,000 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 addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.#LI-KA1#LI-HYBRID
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Keywords: Aon Hewitt, Bolingbrook , Vice President, Broker II - Financial Services Group - Private & Nonprofit, Executive , Chicago, Illinois