Reinsurance Wordings Technician II
3 weeks ago
Headquartered in London, Aon Plc 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 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. Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.
What the day will look like
As part of Aon's Reinsurance Solutions Contracts team, you will be responsible for preparing, reviewing and finalizing formal documentation memorializing terms and conditions applicable to treaty reinsurance agreements. You will be challenged to learn and remain well informed of industry terms and jargon, as well as trends and regulations to remain competitive.
- Draft and review reinsurance contracts, attending documentation and related correspondence
- Assist brokers, clients, and markets in resolving issues related to contract wording
- Draft, review and endorse documentation for the London Market (London Slips)
- Review contract documents for completeness, accuracy and consistency
- Coordinate with broker colleagues to review reinsurance contract terms
- Contribute to maintenance of library of clauses
- Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts
- Ensure that general processing and quality of assigned accounts complies with team guidelines
- Participate in marketing presentations to prospective and existing clients
- Gain industry knowledge by participating in industry training and mentoring programs
- Perform other related duties as assigned
How this opportunity is different
Being a part of Aon means having opportunities to make a difference - whether you support a local organization, serve a large global account or support colleagues who support clients. As part of the Contracts team, you'll be empowered to collaborate with an international team of colleagues united in client advocacy.
Skills and experience that will lead to success
- Law graduate or experience in the industry, with proven knowledge of (re)insurance practices
- Excellent written communication skills, including demonstrated/advanced competence in all facets of reading, writing and communicating in English
- Strategic and analytical thinker, including basic math proficiency and problem solving
- Detail oriented
- Adaptable to other proprietary systems/applications as demonstrated by previous experience with other platforms
- Nominal travel may be required
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 recognise 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.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com
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.
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Reinsurance Wordings Technician II
3 weeks ago
London, United Kingdom Aon Full timeReinsurance Wordings Technician II Headquartered in London, Aon Plc 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....
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