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Reinsurance Wordings Specialist

2 months ago


London, Greater London, United Kingdom Aon Corporation Full time
About the Role

Aon Corporation is seeking a skilled Reinsurance Wordings Technician II to join our Reinsurance Solutions practice in London. This is an exciting opportunity to work with a dynamic team of reinsurance professionals and contribute to the success of our esteemed practice.

Key Responsibilities
  • Prepare, review, and finalize formal documentation for treaty reinsurance agreements, ensuring accuracy and consistency.
  • Assist brokers, clients, and markets in resolving issues related to contract wording, providing expert guidance and support.
  • Draft, review, and endorse documentation for the London Market, ensuring compliance with industry standards and regulations.
  • Review contract documents for completeness, accuracy, and consistency, identifying areas for improvement.
  • Coordinate with broker colleagues to review reinsurance contract terms, ensuring seamless communication and collaboration.
  • Contribute to the maintenance of a library of clauses, ensuring up-to-date and accurate information.
  • Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues, and industry trends affecting reinsurance contracts, staying ahead of the curve.
  • Ensure that general processing and quality of assigned accounts comply with team guidelines, maintaining high standards of excellence.
  • Participate in marketing presentations to prospective and existing clients, showcasing expertise and building relationships.
  • Gain industry knowledge by participating in industry training and mentoring programs, staying current and competitive.
  • Perform other related duties as assigned, contributing to the success of the team.
Requirements and Qualifications
  • Law graduate or experience in the industry, with proven knowledge of reinsurance practices and industry standards.
  • Excellent written communication skills, including demonstrated competence in all facets of reading, writing, and communicating in English.
  • Strategic and analytical thinker, with basic math proficiency and problem-solving skills.
  • Detail-oriented, with a focus on accuracy and attention to detail.
  • Adaptable to other proprietary systems and applications, with previous experience with other platforms.
  • Nominal travel may be required, with flexibility to work in a hybrid environment.