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Reinsurance Wording Specialist

2 months ago

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

We are seeking a skilled Reinsurance Wording Technician II to join our dynamic team in London. As a key member of our Reinsurance Solutions practice, you will play a crucial role in preparing, reviewing, and finalizing formal documentation for treaty reinsurance agreements.

Key Responsibilities
  • Draft and review reinsurance contracts, ensuring accuracy and consistency.
  • Assist brokers, clients, and markets in resolving issues related to contract wording.
  • Draft, review, and endorse documentation for the London Market.
  • Review contract documents for completeness, accuracy, and consistency.
  • Coordinate with broker colleagues to review reinsurance contract terms.
  • Contribute to the maintenance of a 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 comply with team guidelines.
  • Participate in marketing presentations to prospective and existing clients.
  • Gain industry knowledge by participating in industry training and mentoring programs.
Requirements
  • 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.
About Aon

Aon is a global professional services firm that helps clients make better decisions about risk and capital. We are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. Our continuous learning culture inspires and equips you to learn, share, and grow, helping you achieve your fullest potential. 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.