Account Executive I

$82,100 - $87,100/Yr

AON - Fort Washington, MD

posted 4 days ago

Part-time - Entry Level
Fort Washington, MD
Professional, Scientific, and Technical Services

About the position

The Account Executive I at Aon Corporation is responsible for managing client relationships and addressing their day-to-day needs while driving new business development within the Small Commercial Property and Casualty insurance marketplace. This role involves gathering submission materials, negotiating policy terms, and providing continuous support throughout the client engagement process. The position emphasizes delivering innovative insurance solutions and offers opportunities for professional growth within the team structure.

Responsibilities

  • Manage the relationship with assigned clients and handle their day-to-day needs.
  • Develop new business by reviewing, sourcing, and analyzing prospective clients within the assigned territory.
  • Understand the Small Commercial Property and Casualty insurance marketplace and current trends.
  • Gather submission material through the appropriate account management team and other sources.
  • Submit applications to the underwriter and negotiate policy terms and costs.
  • Deliver quote proposals and provide an overview of coverage terms to clients.
  • Secure quotes, binders, and policies and seek corrections from underwriters.
  • Provide continuous support and service to clients during the submission process and throughout the engagement period.
  • Investigate and answer coverage inquiries.
  • Ensure annual review and sales within targeted timelines.
  • Manage daily phone coverage to achieve department standards.

Requirements

  • 3+ years of sales or insurance industry experience in commercial insurance.
  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
  • Strong organizational, communication, and negotiation skills.
  • Self-starter with the ability to work independently.
  • Ability to build relationships and be a team player.
  • Efficiently manage tasks to ensure completion by deadlines.
  • Competence in comparison and analysis of insurance policies and determining needed enhancements by market.
  • Ability to articulate the value proposition of Aon.
  • Proficiency in internal Aon policies, procedures, and documents.
  • Active P&C License.
  • Bachelor's Degree or equivalent property and casualty knowledge preferred.

Benefits

  • 401(k) savings plan with employer contributions
  • Employee stock purchase plan
  • Medical, dental, and vision insurance
  • Paid time off including 12 paid holidays and 15 days of paid vacation per year
  • Paid sick leave as per state and local laws
  • Short-term 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
  • Adoption assistance
  • Tuition assistance
  • Commuter benefits
  • Employee assistance program with free counseling sessions
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