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    Chelmsford, Essex, United Kingdom Aon Full time

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    Chelmsford, Essex, United Kingdom Aon Full time

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    Chelmsford, Essex, United Kingdom Aon Full time

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    Chelmsford, Essex, United Kingdom Aon Full time

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    Chelmsford, Essex, United Kingdom Aon Full time

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    Chelmsford, Essex, United Kingdom Aon Full time

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    2 months ago

    Chelmsford, Essex, United Kingdom Aon Full time

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Delegated Authority Solutions Specialist

1 month ago

Chelmsford, Essex, United Kingdom Aon Full time
Job Opportunity: Delegated Authority Solutions Specialist About the Role: We are seeking a skilled Delegated Authority Solutions Specialist to join our team at Aon. As a key member of our Delegated Authority Solutions team, you will play a critical role in maintaining and crafting solutions for complex placements and drafting outstanding Agreements, working with Lloyd's, the LMA, and carriers' Delegated Authority Teams. Key Responsibilities: * Own the Contract renewals for specific Structured Portfolio Solution (SPS) agreements within AUM, working with the Delegated Authority Business Partners to ensure that progress is communicated to key stakeholders. * Establish position as the SPS liaison point for brokers and other key stakeholders for specific SPSs. * Support discussions with Delegated Authority teams in our capacity providers to ensure they are kept up to date with plans and changes in advance of renewals or during negotiation of changes and to understand their needs. * Accurate drafting of Delegated Authority Agreements and endorsements as required. * Assist in the drafting and analysis of Aon Delegated Authority Agreement templates. * Liaise with all internal stakeholders who are accountable for servicing the SPS and meeting our contractual requirements (underwriters, fiduciary functions, claims, brokers, reporting team etc.) to ensure that the appropriate steps are being followed to ensure that all new and development SPS opportunities can be measured, assessed, and supported. * Support Underwriting teams in articulating performance of SPSs to carriers, by holding quarterly review calls across all SPSs. * Assist with the analysis of the portfolio to gain insight into existing SPSs with Underwriting managers, drawing conclusions and findings to be presented to drive growth. * Supporting SPS product owners in meeting our contractual requirements and escalating where risks and issues as they occur. * Ensure that appropriate governance is in place across SPSs and agreed processes are followed. * Support Aon Underwriting Managers Leadership's objectives including implementation of process improvements, IT systems and other projects that improve client delivery and reduce operational costs including the increased use of automation, systems integration and e-commerce. Requirements: * A sound understanding of Delegated Authority, Binding Authorities and Agreements and core insurance processes. * Broad understanding of the Lloyd's and London Market Insurance. * Sound understanding of London insurance market dynamics and core processes. * Technical insurance knowledge around the management and placement of delegated business. * Expertise to provide solutions to complex requirements. * Understanding of compliance and FCA regulation. About Aon: 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. We offer a variety of working style solutions, but we also recognize 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. 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.