Assistant Vice President – Intellectual Property Insurance Broker`
About the role
# **Assistant Vice President – Intellectual Property Insurance Broker**
**Assistant Vice President – Intellectual Property Insurance Broker**
Are you seeking an opportunity to be a part of our growing, full-service IP Risk Solutions team by brokering strategic approaches to Intellectual Property policies?
Join our industry leading IP Broking team!
This is a hybrid role to work from our Chicago, IL office.
**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, diverse team, and we are passionate about helping our colleagues and clients succeed.
**What the day will look like.**
- Demonstrate detailed knowledge of the Intellectual Property insurance marketplace and our team’s offerings.
- Demonstrate ability to place a layered program ($50M+) from start to finish.
- You will have direct communication with executive level client contacts (C-Suite).
- Own all aspects of client service for your assigned book of business and new business opportunities in coordination with other team members and by using the deal flow process; optimally connect with other team members and administrative staff to ensure accurate prioritization of workflow.
- Apply effective negotiation skills to improve broking results for clients.
- Use data, own experience, others’ perspectives, and a clear methodology improve client programs and build opportunities with prospective client programs.
- Work in an Aon United fashion to cross-sell IP Risk products and services.
- Successfully apply the claims and legal advocacy group for claim administration and counsel to assist with claim resolution.
- Apply effective underwriter relationships to improve broking results.
- Proactively develop and complete a pipeline strategy for new business.
- Function as a mentor to more junior team members
- Drive utilization of all available technology throughout broking process and client service process
- Understand the causes of E&O and avoid and adopt practices to reduce exposure.
**How this opportunity is different**
This is a unique opportunity to be a part of a growing, fast-paced insurance space. An estimated 80% of the value of the S&P 500 is derived from company’s intellectual property, yet most companies are not yet insuring against their intellectual property risks. Aon’s IP team is educating companies (both current clients and prospective clients) about their IP risks and how the surrounding insurance marketplace can help them to manage their risks. The Aon IP team is experienced, yet still small, so operates with a “start-up” environment and feel.
Personal autonomy is highly encouraged and self-motivated individuals will find an opportunity to quickly advance their career.
**Skills and experience that will lead to success.**
**REQUIRED:**
- 4+ years of years in brokering and/or underwriting experience within IP, Cyber, E&O, D&O, or other Financial/Professional lines.
- **Project Management - **Experienced
- **Report Writing - **Experienced
- **Insurance Strategies - **Advanced
- **Retail Brokerage - **Advanced
- **Team Management - **Advanced
- **Performance Management (PM) - **Experienced
- **Business Development - **Experienced
- **Conflict Resolution - **Experienced
- **Organizational Leadership - **Experienced
- **Customer Relationship Management (CRM) - **Experienced
- **Stakeholder Management - **Experienced
- **Account Management - **Advanced
- **Documentations - **Experienced
- **Talent Management - **Experienced
- **Team Development - **Advanced
**OPTIONAL:**
- **Financial Planning - Advanced **
- **Business Planning - Experienced **
- **Training and Development - Experienced **
- **Market Research - Experienced **
- **Strategic Planning - Experienced **
- **Policy Development - Experienced **
- **Data Analysis - Experienced **
- **Organizational Strategy - Experienced **
- **Process Improvements - Intermediate **
Education: Bachelor’s degree or equivalent experience. Ability to obtain/maintain P&C license within 120 days of hire.
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 $120,000 to $190,000 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 Illinois. The actual salary may vary for applicants in a different geographic location.
Minimum requirements
- Minimum 4 years brokering/underwriting experience in IP, Cyber, E&O, D&O, or Financial/Professional lines
- Bachelor’s degree or equivalent experience; ability to obtain/maintain P&C license within 120 days
- Advanced skills in insurance strategies, retail brokerage, team management, and account management
This listing was parsed by AI and may not be complete. Check the official posting on Aon's site for the most accurate information.