
CyFi Broker
Remote · USJobSeen 5 days agoSeen in employer's feed 5 days ago
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Job overview
Aon is seeking a Cyber and Financial Lines broker to support Cyber Solutions and the Financial Services Group. The broker manages client service and policy placements, renewals, and new business opportunities, working with clients, underwriters, and senior staff. The role is based in a virtual environment in New York City, Chicago, or Victor, New York, and reports to a Vice President or Team Leader.
Skills & qualifications
Skills
Qualifications
Full job description
Aon is seeking a Cyber and Financial Lines broker.Are your seeking an opportunity to be part of our growing, full service CyFi team by brokering strategic approaches to cyber and financial lines policy placements? As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions support Cyber Solutions and the Financial Services Group, within our virtual environment in New York City, Chicago, IL or Victor, NY. As a Cyber Broker, you will report director to the Vice President or Team Leader. 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: * Demonstrate knowledge of Cyber/E&O and Financial Lines insurance marketplace and our team's products and service * Demonstrate ability to renew a placement independently * Own all aspects of client service for your assigned book of business and new business opportunities with oversight from senior staff members if needed * Compile Renewal Strategy document inclusive of prior year's renewal highlights, program overview, benchmarking and analytics, current market update, program diagnostic, renewal timeline and ensure it is tailored to the specifics of that client's industry and exposure * Capture renewal submission materials from client, consolidate, re-format that information if vital and provide submission to markets with the oversight as needed by senior staff * Secure primary and excess quotes from underwriters; applying effective underwriting relationships to improve broking results * Diligently check quotes, binders and policies and seek corrections from underwriters; primary quote(s) should be reviewed with senior staff member * Compile Renewal Proposal document and include renewal highlights, expiring program, proposed program, program changes, and any coverage improvements * Provide broking status and continuous support and service to clients during entire broking process and entire period of engagement by client * Work in an Aon United fashion to cross-sell Cyber Solutions and Financial Lines products and services * Deepen effective relationships with underwriters * Proactively develop and complete a pipeline strategy for new business * 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 * Diligently check quotes, binders, and policies and seek corrections from underwriters * Submit bind order to market and secure all binders; ensure all binders are finalized and accurate, with no subjectivities and no binder expiration period, where possible * Secure and review all policies within 30 days of binding Skills and experience that will lead to success * Active P&C license, if not licensed, obtained with 90 days of hire * 1-3 years of experience in commercial broking and/or underwriting * Excellent negotiation skills * Ability to build relationships * Strong ability to communicate via email and phone * Proficiency in Microsoft Office, Salesforce a plus Education: * Bachelor's degree in related field * Bachelor's degree in related field 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 lea
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