Account Executive III - Fast Hire

We are hiring a motivated Account Executive III to join our diverse team at Aon plc in Chicago, IL.
Growing your career as a Full Time Account Executive III is an awesome opportunity to develop exceptional skills.
If you are strong in teamwork, decision-making and have the right personality for the job, then apply for the position of Account Executive III at Aon plc today!

Do you have a passion for developing relationships? Does working with prospects and clients appeal to you?

As an Account Executive III you would handle predominately strategic risk and large market clients.

What a day will look like:

• You will have the opportunity to lead and be responsible for day-to-day account management.
• Coordinate the execution of day-to-day service activities of the Aon service team.
• Builds, expands, and solidifies relationships with existing clients at senior levels within the company and leads appropriate resources to address the client's risk/capital management needs.
• Analyzes the range of risk financing programs commercially available. Performs coverage comparisons with brokers where needed across all major lines of business.
• Secures existing business and drives the sale of additional services and coverages across solution lines. Works at a strategic level to cultivate relationships.
• Identifies and generates new and penetration business opportunities across solution lines. Collaborates with Producers on new business opportunities.
• Prepares and negotiates fee-based pricing of services, ensuring account profitability in a value-based approach for the scope of service and costs associated with the client service agreement.
• Demonstrates a detailed understanding of Aon's resources and capabilities. Effectively uses the Aon network to achieve client risk objectives.
• Conducts assessment of client's business objectives and coordinates Aon’s Resources to complete client's needs.
• Stays current on all relevant industry data and is pro-active in introducing innovative ideas to help clients contemplate risk management with fresh perspective.
• Solves the clients most sophisticated risk management problems.
• Prepare different sessions on accounts and organize for both Office Pricing Council and National Pricing Council as required.
• Earn at least 2 badges (Articulating Value Badge, RFP Rehearsal Coach Badge and Redsheet Facilitator Badge).

Professional Education

• Bachelor’s degree, or the equivalent years of experience
• Insurance licensing as required.

Experience

• 7-10+ years of appropriate insurance experience
• Possesses an in-depth knowledge of the insurance brokerage business and the assigned clients’ needs as well as all major lines of business.
• Excellent negotiation skills.
• Demonstrates technical proficiency and creates innovative solutions.

Book of Business

• Annual Commercial Risk Revenue: $3.5M+
• Sales Goal: 10% of book but no less than 1X base compensation
• Consistent book growth of 10%
• Complexity of clients : Larger, more complex accounts. Typical client portfolio consists of Risk clients and or multinationals.
• Some colleagues in this job title will also act as manager, coach or Team Lead. Acting as a Team Leader is a role rather than a distinct position with expected book size and compensation adjusted accordingly.

Professional Education

• Bachelor’s degree, or the equivalent years of experience
• Insurance licensing as required.

The salary range for this position is $149,000 - $204,000 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 production incentives in addition to base salary. The amount of any production incentives varies and is subject to the terms and conditions of the applicable incentive plan.

How we support our colleagues

Aon 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 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 View email address on jobs.aon.com

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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Benefits of working as a Account Executive III in Chicago, IL:

● Company offers great benefits
● Opportunities to grow
● Competitive salary