Delegated Authority Analyst

1 week ago


Chelmsford, Essex, United Kingdom Aon Full time
Delegated Authority Analyst

Are you experienced in Delegated Authority and Binding Authorities/Agreements? Do you possess a deep understanding of the Lloyd's and London insurance markets?

About the Company: Aon is in the business of making better decisions. We are dedicated to safeguarding and enhancing the lives of individuals globally. As an organization, we believe in unity, diversity, and trust, and we are committed to supporting our team members and clients.

Responsibilities:
  • Owning contract renewals for specific Structured Portfolio Solution (SPS) agreements within AUM.
  • Establishing a strong liaison point for brokers and key stakeholders for specific SPSs.
  • Supporting discussions with Delegated Authority teams in capacity providers.
  • Accurately drafting Delegated Authority Agreements and endorsements.
  • Assisting in drafting and analyzing Aon Delegated Authority Agreement templates.
  • Liaising with internal stakeholders to ensure proper servicing of SPS and meeting contractual requirements.
  • Supporting Underwriting teams in articulating SPS performance to carriers.
  • Assisting with portfolio analysis to drive growth.
  • Ensuring appropriate governance and processes are in place across SPSs.
  • Supporting Aon Underwriting Managers Leadership's objectives.

Why This Opportunity is Unique: The Delegated Authority Solutions team specializes in creating and maintaining solutions for complex placements and exceptional Agreements. They work closely with Lloyd's, the LMA, and carriers' Delegated Authority Teams to drive growth in Aon's cover holder network.

Skills and Experience:
  • A solid understanding of Delegated Authority, Binding Authorities, and core insurance processes.
  • A broad understanding of the Lloyd's and London Market Insurance.
  • Technical knowledge in insurance management and placement of delegated business.
  • Expertise in providing solutions to complex insurance scenarios.


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