Underwriting Professional I

Aon


Date: Sep 23, 2022
City: Fort Wayne, IN
Contract type: Full time
Aon
Job Description:

Aon is looking for an Underwriting Professional I

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 Motorsports business group within Aon Affinity.

As an UW Professional I, you will report directly to the Underwriting Manager of Motorsports working in the challenging and rewarding segment of insurance. This will be a hybrid role out of our Fort Wayne, IN office.

Your impact as Underwriting Professional I

Job Responsibilities:

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. This position is responsible for handling submissions involving complex exposures and medium to high coverage limits.
  • 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 new/renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.
  • Prepare own or review other quotations/proposals for presentation to 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.
  • Review policy forms used in specific programs to ensure consistency and keep clients and brokers informed of coverage issues;
  • Complete underwriting assignments at the direction of the Underwriting Manager or Underwriting Director.
You Bring Knowledge and Expertise

Required Experience:
  • P&C/ A&H Licenses or ability to secure licenses within 6 months of hire.
  • Bachelor \'s degree or commensurate education and/or work experience
  • 3-5 years underwriting experience or experience within the motorsports industry.
  • Advanced verbal and written communication skills.
Education:
  • Bachelor’s degree or equivalent years of industry experience.
We offer you

A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

Our Colleague Experience:

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another.

This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.

About Aon:

Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

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, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

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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