Broker I, Life Sciences Practice
Aon
- Location
- Philadelphia, Pennsylvania; Boston, Massachusetts; New York, New York; Charlotte, North Carolina; West Hartford, Connecticut; Norwalk, Connecticut
- Employment
- Full Time
- Work model
- On-Site
- Level
- Senior
- Salary
- $88k – $115k/yr
- Posted
- 1h ago
Skills
About this role
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 5+ 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