CyFi Insurance Broker

Profile

About Us: CoverWallet, an Aon company, was founded in 2015 to reinvent the $100 billion small business insurance industry by using data, design, and technology. As a part of Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions with 50,000 colleagues in 120 countries, CoverWallet has the mentality and culture of a high-growth startup with the backing and support of a global multinational company. CoverWallet is the easiest way for businesses to understand, buy, and manage insurance online and has been recognized as a CNBC Upstart 100, won the Best Insurtech Solution from the Benzinga Awards and was named “One of the Most Entrepreneurial Companies in America” by Entrepreneur Magazine. Essential Job Functions:Understand nuances of the Cyber and Financial lines marketplace and our products and servicesOwn all aspects of broking and service for your assigned book of business and new business opportunities with oversight from senior staff members if needed:Save all quotes, binders, policies, and other client-related material to the share drive with the accurate naming conventions providedSend renewal application and information request to Account Executive in advance of renewal, as determined by the placement strategy for that clientCompile Renewal Strategy document inclusive of prior year’s renewal highlights, program overview, benchmarking and analytics, current market update, program diagnostic, and renewal timeline and ensure it is tailored to the specifics of that client’s industry and exposureGather submission materials from Account Executive, consolidate, re-format that information if vital, and provide submissions to markets.Solicit underwriters for underwriting questions and compile questions into a client friendly, presentable formatEffectively manage the underwriting meeting invitation, agenda and logisticsEnsure Non-Disclosure Agreements are up to date and executed according to the client’s preferenceSecure primary and excess quotes from underwriters; use effective underwriting relationships to improve broking resultsReview excess forms and seek coverage enhancementsDiligently check quotes, binders, and policies and seek corrections from underwritersEnsure the Quote Disclosure Report (QDR) is accurate – all quotes, indications, and declinations should be includedCompile Renewal Proposal document inclusive of the QDR and include renewal highlights, expiring program, proposed program, program changes, and any coverage enhancementsSubmit bind order to market and secure all binders; ensure all binders are finalized and accurate, with no subjectivities and no binder expiration period, where possibleSubmit ACT Worksheet for invoicing upon receipt of all bindersSecure and review all policies within 30 days of bindingProvide broking status and continuous support and service to Account Executives during the entire broking process and the entire period of engagement (this is a continuous process)Demonstrate understanding of our M&A diligence process and provide diligence reports and benchmarking within the requested time frame to Aon’s M&A deal teams when assigned a projectWork in an Aon United fashion to cross-sell Cyber and Financial Lines’ products and servicesUse the claims and legal advocacy group for claim administration and counsel as per established protocolsDeepen effective relationships with underwritersProactively develop and execute a pipeline strategy for new businessDrive utilization of all available technology throughout broking process and client service processReplicate effective products/solutions and develop broking opportunitiesUnderstand the causes of E&O and avoid and adopt practices to reduce exposureQualifications: Education/Experience: Bachelor's degree in a related field2 years of experience in commercial broking and/or underwritingActive P&C LicenseTechnical: Proficiency in Google Suite, Salesforce a plusStrong ability to communicate via email and phoneHow 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 (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, domestic partner status, or other legally protected status. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.comNothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. #LI-HYBRID 2515452,qualifications:UNAVAILABLE,responsibilities:About Us: CoverWallet, an Aon company, was founded in 2015 to reinvent the $100 billion small business insurance industry by using data, design, and technology. As a part of Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions with 50,000 colleagues in 120 countries, CoverWallet has the mentality and culture of a high-growth startup with the backing and support of a global multinational company. CoverWallet is the easiest way for businesses to understand, buy, and manage insurance online and has been recognized as a CNBC Upstart 100, won the Best Insurtech Solution from the Benzinga Awards and was named “One of the Most Entrepreneurial Companies in America” by Entrepreneur Magazine. Essential Job Functions:Understand nuances of the Cyber and Financial lines marketplace and our products and servicesOwn all aspects of broking and service for your assigned book of business and new business opportunities with oversight from senior staff members if needed:Save all quotes, binders, policies, and other client-related material to the share drive with the accurate naming conventions providedSend renewal application and information request to Account Executive in advance of renewal, as determined by the placement strategy for that clientCompile Renewal Strategy document inclusive of prior year’s renewal highlights, program overview, benchmarking and analytics, current market update, program diagnostic, and renewal timeline and ensure it is tailored to the specifics of that client’s industry and exposureGather submission materials from Account Executive, consolidate, re-format that information if vital, and provide submissions to markets.Solicit underwriters for underwriting questions and compile questions into a client friendly, presentable formatEffectively manage the underwriting meeting invitation, agenda and logisticsEnsure Non-Disclosure Agreements are up to date and executed according to the client’s preferenceSecure primary and excess quotes from underwriters; use effective underwriting relationships to improve broking resultsReview excess forms and seek coverage enhancementsDiligently check quotes, binders, and policies and seek corrections from underwritersEnsure the Quote Disclosure Report (QDR) is accurate – all quotes, indications, and declinations should be includedCompile Renewal Proposal document inclusive of the QDR and include renewal highlights, expiring program, proposed program, program changes, and any coverage enhancementsSubmit bind order to market and secure all binders; ensure all binders are finalized and accurate, with no subjectivities and no binder expiration period, where possibleSubmit ACT Worksheet for invoicing upon receipt of all bindersSecure and review all policies within 30 days of bindingProvide broking status and continuous support and service to Account Executives during the entire broking process and the entire period of engagement (this is a continuous process)Demonstrate understanding of our M&A diligence process and provide diligence reports and benchmarking within the requested time frame to Aon’s M&A deal teams when assigned a projectWork in an Aon United fashion to cross-sell Cyber and Financial Lines’ products and servicesUse the claims and legal advocacy group for claim administration and counsel as per established protocolsDeepen effective relationships with underwritersProactively develop and execute a pipeline strategy for new businessDrive utilization of all available technology throughout broking process and client service processReplicate effective products/solutions and develop broking opportunitiesUnderstand the causes of E&O and avoid and adopt practices to reduce exposureQualifications: Education/Experience: Bachelor's degree in a related field2 years of experience in commercial broking and/or underwritingActive P&C LicenseTechnical: Proficiency in Google Suite, Salesforce a plusStrong ability to communicate via email and phoneHow 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 (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, domestic partner status, or other legally protected status. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.comNothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. #LI-HYBRID,skills:UNAVAILABLE,workHours:UNAVAILABLE,jobBenefits:UNAVAILABLE,datePosted:2022-09-01T16:55:00 0000,employmentType:FULL_TIME,educationRequirements:UNAVAILABLE,salaryCurrency:USD,baseSalary:{@type:MonetaryAmount,currency:USD,value:{@type:QuantitativeValue,value:0,minValue:0,maxValue:0,unitText:YEAR}},validThrough:2023-09-01T16:55:48.000Z,industry:UNAVAILABLE,hiringOrganization:{@type:Organization,name:Aon Corporation,sameAs:https://jobs.aon.com,logo:https://assets.jibecdn.com/prod/aon/0.0.47/assets/brands/https://aon.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=1134557&hashed=154379},jobLocation:{@type:Place,address:{@type:PostalAddress,addressLocality:New York,addressRegion:New York,streetAddress:1410 Broadway
8th floor,postalCode:10018,addressCountry:United States}}}

Company info

Aon PLC.
Website : http://www.aon.com