Broker II, Life Sciences | Clinical Trials Liability

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective Clinical Trial solutions for our clients as part of our Life Science Practice Group. This position will be based in Philadelphia, PA. We are open to considering candidates located in Philadelphia as well as other East Coast states, including but not limited to New York, Charlotte, Boston, and Connecticut (Hartford). This role offers flexibility for hybrid work, with a combination of in-office and remote work options.

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

• Responsible for broking/placing primarily Clinical Trials Liability as well Products Liability, Errors & Omissions Liability, and Excess Liability

• Market new and renewal business, handling all aspects of the placements from initial market selection through the long-term servicing until the clinical trials these policies are covering are over.

• Demonstrate effective negotiation skills on behalf of clients and prospects.

• Ensure that placements are handled timely and correctly

• Develop productive business relationships with key insurance underwriters and Aon local office teams

• Identify and analyze prospect and client exposures.

• Coordinate activities with other internal units as required to meet customer needs.

• Create presentations such as Renewal Strategies and Coverage Proposals.

• Responsible for planning, scheduling, resourcing and executing complex projects/programs.

• Frequently interacts with senior level colleagues and clients, normally involving matters between functional areas, other company divisions or units, or clients and the company.

How this opportunity is different

Join Aon’s industry-leading team in the Life Sciences sector, where you’ll provide innovative Clinical Trial Liability solutions to clients in the pharmaceutical and biotech industries. This role offers flexibility for hybrid work, with opportunities to work from Philadelphia or other East Coast locations. You’ll manage complex insurance placements, build key relationships with underwriters, and contribute to vital clinical trials that support the approval of life-saving drugs and devices. With a focus on collaboration, trust, and professional growth, this is an exciting opportunity to make a significant impact in healthcare.

Skills and experience that will lead to success

Unlike most insurance programs, the primary purpose of Clinical Trial Liability insurance is to support Pharma and Biotech companies through regulatory approvals and contractual compliance while simultaneously protecting these trial sponsors and their research partners from financial liability in case of injury or harm. Clinical trials are essential for the approval of new drugs and medical devices, as they provide the data needed to assess safety and efficacy in humans, a requirement for regulatory approval by agencies like the FDA. To generate this volume of data, clinical trials must take place in many countries who closely regulate the activity including the clinical trial liability insurance. Our team of specialized brokers, through global and local insurance partners, provides the necessary local insurance ensuring no trial is ever delayed due to insurance reasons thus supporting our clients in their mission of saving and improving lives.

• Attention to detail, ability to multi-task, exceptional organizational skills, ability to present complex insurance programs.

• Minimum of 7+ years of insurance brokerage and/or underwriting experience (preferred Life Sciences in Clinical Trials Liability and/or Casualty Line experience)

• Effective working knowledge of carrier underwriting practices & processes.

• Proven client facing skills including effective presentations & communications.

• Strong interpersonal skills, with the ability to interact effectively at various levels in the organization.

• Ability to independently manage a dynamic book of clients

• Successfully operates in a fast-paced driven environment that requires the ability to handle multiple tasks simultaneously.

• Must maintain appropriate broker’s and Surplus Lines licenses.

Education:

• Bachelor’s degree or equivalent years of industry experience.

• A Property and Casualty Brokers License is required or must be obtained within 90 days of hire if not already active.

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 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 ReasonableAccommodations@Aon.com

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 $110,000-$135,000 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. The salary range reflected is based on a primary work location of Pennsylvania. The actual salary may vary for applicants in a different geographic location. This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

A summary of all the benefits offered for this position: 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.

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