Underwriting Professional 1 - E&A Underwriter

Aon is looking for a Underwriting Professional l

We have an opportunity for an Underwriting Professional with our Events & Attractions Division, K&K Insurance Group is a subsidiary of Aon. K&K has been recognized as the leading provider of sports, leisure, and entertainment insurance products. This is a hybrid role with the flexibility to work both virtually and one to two days per week in office at our Fort Wayne, IN location.

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

Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverage in order to classify the degree of insurable risk and determine appropriate premium amounts.

• Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVRs and other information needed to properly evaluate and classify the degree of risk in relation to proposed coverage limits.

• Obtain all relevant information not included with the initial submission to ensure a thorough evaluation of the risk.

• Review and evaluate renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.

• Prepare and review quotations to ensure accuracy prior to presentation to potential clients.

• Approve the coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirely; refer with recommended action if risk exceeds underwriting authority.

• Review policy forms used in specific programs to ensure consistency.

• Manage a book of business with goals for production, net revenue, rate increase, loss ratio and underwriting audit results.

• Complete a variety of underwriting projects at the direction of the Underwriting Director and Senior Vice President.

Skills and experience that will lead to success

• P&C License required

• 5 years commercial insurance underwriting experience

• Computer skill with Microsoft Products (Word, Excel, Outlook)

• Understanding of commercial property, liability, crime, inland marine, auto and workers compensation coverage

• Computer skills to include Microsoft Word, Outlook and Excel

• Excellent math, oral and written English communication skills

• Must be well organized, able to prioritize work and possess effective time management skills in a fast-paced environment

• Work well with co-workers, participate in and support an underwriting team environment, advance your knowledge with educational courses, and interact with management when necessary

Education: Bachelor’s Degree or commensurate education and/or work experience

How we support our colleagues:

In addition to our comprehensive benefits package, we encourage an inclusive 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 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.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

The salary range for this position (intended for U.S. applicants) is $55,000 to $70,000 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 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.

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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