Binding Authority Account Manager

Aon Corporation; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global insurance firm in London is seeking a Binding Authority Account Manager to oversee day-to-day DUA Contracts. The ideal candidate will have over 5 years of DUA technical knowledge and demonstrate strong team leadership abilities. This role involves preparing insurance documentation, managing a sub-team, and collaborating with clients and underwriters. Aon offers a supportive workplace that values inclusivity and continuous learning.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Flexible working style solutions

Qualifications

• 5+ years of DUA Technical knowledge required.
• Understanding of insurance market dynamics and core processes.
• Ability to work well as part of a team.

Responsibilities

• Handle day-to-day DUA Contracts working closely with team.
• Lead sub-team for technical oversight and adherence to deadlines.
• Prepare documentation and liaise with premium and claims advocate team.

Skills

Team leadership skills

Technical DUA insurance knowledge

Problem-solving skills

Interpersonal skills

Good MS Office skills

Tools

Lloyd's systems (DCOM, PPL, Atlas, Crystal)

Job description

Binding Authority Account Manager

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Looking to draw on your 5 years plus DUA Technical knowledge? Enjoy working in a dynamic Team taking instructions from business producers as well as collaborating closely with Clients and Underwriters? Looking to supervise the work of other staff providing them with motivation / technical insight / adhering to deadlines? Then this Account Manager /Supervisory role based in our dedicated DUA Team in our London office will be the perfect role for you!

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 organisation, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

As a Binding Authority Account Manager you will be responsible for the day to day handling of nominated DUA Contracts working closely with our Team of business producers to proactively ensure we provide the best service to our Coverholders and their Underwriters, some of the key responsibilities of this role are;

• Accurate preparation of DUA Documentation (i.e. Binding Authority Slips, Endorsements etc.)
• Lead a sub-team to ensure Technical oversight and adherence to Deadlines
• Liaising with our supporting Premium and Claims advocate Team to ensure all premiums and claims are paid on time and organising chasing where appropriate
• Preparation of Statistics, including pivoting data and generating up to date reports
• Providing advice to colleagues on scope of coverage available and assisting Clients and Underwriters with interpretation of clauses
• Collecting and analysing relevant information and assisting in preparation market submissions and presentations for new business or renewals
• Using Lloyd's systems such as DCOM, PPL, Atlas & Crystal as well as Aon in-house systems (training will be provided for Aon systems)
• 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

How this opportunity is different

This role would provide an exciting progressive opportunity for the right candidate to increase their exposure to third party DUA business from various parts of the world. You will be supporting a Team of business producers and will learn more of the intricacies of maintaining and growing a book of DUA business covering many varied original insurance products. This is very much a work as a Team role and as part of that you will be supported by our Client Service Team as well as enjoy the support of the various parts of the Aon Network.

Skills and experience that will lead to success

• Understanding of the insurance market dynamics and core processes;
• Demonstrate Team leadership skills, setting deadlines and motivating staff
• Technical DUA insurance knowledge; ability to build insurance documentation, use insurance industry IT systems to deliver client service.
• Problem‑solving skills; Interpersonal skills; Good level of numeracy; Effective communication and presentation skills; understanding of compliance and FCA regulation.
• Ability to work well as part of a team; Demonstrate integrity and professionalism.
• Good MS Office skills, particularly Word and Excel

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.

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 and inclusive 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 [e-mail]