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Reinsurance Wordings Specialist

2 months ago


London, Greater London, United Kingdom Aon Full time
Job Summary

We are seeking a skilled Reinsurance Wordings Technician to join our Reinsurance Solution practice in a dynamic team of reinsurance professionals at Aon.

Key Responsibilities:
  • Draft and Review Reinsurance Contracts: Prepare, review, and finalize formal documentation for treaty reinsurance agreements, ensuring accuracy and consistency.
  • Contract Wording Expertise: Assist brokers, clients, and markets in resolving issues related to contract wording, providing expert guidance and support.
  • Documentation and Correspondence: Draft, review, and endorse documentation for the London Market (London Slips), ensuring compliance with regulatory guidelines and industry standards.
  • Contract Review and Quality Assurance: Review contract documents for completeness, accuracy, and consistency, ensuring that general processing and quality of assigned accounts comply with team guidelines.
  • Collaboration and Communication: Coordinate with broker colleagues to review reinsurance contract terms, participate in marketing presentations to prospective and existing clients, and contribute to the maintenance of a library of clauses.
  • Industry Knowledge and Training: Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues, and industry trends affecting reinsurance contracts, and participate in industry training and mentoring programs to gain industry knowledge.
Requirements:
  • Education and Experience: Law graduate or experience in the industry, with proven knowledge of (re)insurance practices.
  • Communication and Analytical Skills: Excellent written communication skills, including demonstrated/advanced competence in all facets of reading, writing, and communicating in English, and strategic and analytical thinking, including basic math proficiency and problem-solving.
  • Attention to Detail: Detail-oriented and adaptable to other proprietary systems/applications as demonstrated by previous experience with other platforms.
About Aon:

Aon is a global professional services firm that helps organizations make better decisions and achieve their goals. We are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

We offer a comprehensive benefits package, a diverse workforce, and an agile, inclusive environment that allows you to manage your wellbeing and work/life balance. We also provide two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. We are proud to be an equal opportunity workplace and provide equal employment opportunities 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, domestic partner status, or other legally protected status.