Premium Pro Rata Advocate (Reinsurance)

Premium / Proportional Treaty Advocate

Are you a Premium / Proportional Treaty Technician with experience working in the London Market/ or general insurance? Do you have experience analysing and processing XOL and Proportional Treaty Accounts and working together with an offshore service provider. Do you enjoy building relationships with clients and reinsurers and have experience in handling complex account issues? If so, we may have the perfect opportunity for you!

We are recruiting for a Premium and Proportional Treaty Advocate to join our team in London. This is a hybrid role with the flexibility to work both at home and from the office.

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.

Reinsurance Solutions

Reinsurance Solutions, a division of Aon plc, is the world’s leading reinsurance intermediary and full-service capital advisor. We empower our clients to better understand, manage and transfer risk through innovative solutions and personalised access to all forms of global reinsurance capital across treaty, facultative and capital markets. As a trusted advocate, we deliver local reach to the world’s markets, an unparalleled investment in innovative analytics, including catastrophe management, actuarial and rating agency advisory. Through our professionals’ expertise and experience, we advise clients in making optimal capital choices that will empower results and improve operational effectiveness for their business. With more than 80 offices in 50 countries, our worldwide client base has access to the broadest portfolio of integrated capital solutions and services.

What the day will look like

You will be responsible for the handling our Global and Key Client’s Premium and Proportional Treaty accounts. You will fully support both the client and reinsurers in an advocacy role, for your own allocated portfolio and other accounts on an ad-hoc basis, to ensure the efficient movement of funds and resolution of queries.

• Responsibility for the end-to-end process. Liaising with the offshore team to ensure timely processing of premium and accounts and with the credit control team to facilitate collection and payment of funds.
• Monitoring and management of unallocated cash and held funds
• Ensuring regular contact with clients and reinsurers to ensure service requirements are met fully and queries are resolved in a timely manner
• Support in depth analysis and reporting
• Conducting Pro-rata reviews
• Contributing to preparation for and attendance at client meetings
• Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.

Your knowledge and expertise:

• Deliver Distinctive Client Value
• Anticipates and ensures all needs are fully met by having regular conversations with clients and reinsurers
• Demonstrates a breadth of knowledge; implements new ideas that improve team effectiveness
• Establishes and champions open, honest dialogue; actively listens to and engages with clients and reinsurers
• Handles client and stakeholder expectations; delivers value without compromising quality
• Promotes and maintains standards; accepts responsibility
• Experience of processing and submitting XOL Premiums and Proportional Treaty Accounts;
• Familiar with the use of London Market systems;
• Proficient in MS Excel and MS Word;
• Accuracy and attention to detail, good interpersonal and communication skills and the ability to manage their own workflow and meet deadlines.

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.

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.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com

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