Aon is looking for a Underwriting Professional I (Underwriter) K&K Insurance is a leading provider of specialty coverage in the exciting areas of sports, leisure, recreation, motorsports and events. With a 70-year history of excellence, clients across the US and Canada choose K&K for our unique insurance products and expert claims resolution. As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our K&K Insurance Sport business group within Aon Affinity. This is a hybrid position based out of our Fort Wayne, IN office. Your Impact as an Underwriter Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverages in order to classify the degree of insurable risk and determine appropriate premium amounts. Essential Job Functions
Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVR’s, 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 both new and renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.
Prepare own or review other quotations/proposals for 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 entirety; refer with recommended action if risk exceeds underwriting authority.
Less than 10% of travel can be expected.
Develop and maintain positive and constructive working relationships with the company’s marketing professionals and their productions sources in order to attract and retain clients.
Review policy forms used in specific programs to ensure consistency and keep producers informed regarding coverage issues;
Complete a variety of underwriting assignments at the direction of the Underwriting Manager or Underwriting Director and SVP.
Requirements
P&C License
LAH License
Preferably 3-5 years of insurance industry experience
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 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 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 [email protected]
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.
Pay Transparency Laws:
The salary range for this position is $68,000 to $78,000 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.
We Offer You
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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Aon is looking for a Underwriting Professional I (Underwriter)
K&K Insurance is a leading provider of specialty coverage in the exciting areas of sports, leisure, recreation, motorsports and events. With a 70-year history of excellence, clients across the US and Canada choose K&K for our unique insurance products and expert claims resolution. As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our K&K Insurance Sport business group within Aon Affinity. This is a hybrid position based out of our Fort Wayne, IN office.
Your Impact as an Underwriter
Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverages in order to classify the degree of insurable risk and determine appropriate premium amounts.
Essential Job Functions
Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVR’s, 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 both new and renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.
Prepare own or review other quotations/proposals for 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 entirety; refer with recommended action if risk exceeds underwriting authority.
Less than 10% of travel can be expected.
Develop and maintain positive and constructive working relationships with the company’s marketing professionals and their productions sources in order to attract and retain clients.
Review policy forms used in specific programs to ensure consistency and keep producers informed regarding coverage issues;
Complete a variety of underwriting assignments at the direction of the Underwriting Manager or Underwriting Director and SVP.
Requirements
P&C License
LAH License
Preferably 3-5 years of insurance industry experience
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 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 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 [email protected]
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.
Pay Transparency Laws:
The salary range for this position is $68,000 to $78,000 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.
We Offer You
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.
#LI-AM4