Binding Authority Account Manager

Aon; London; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading company in the insurance sector is seeking a Binding Authority Account Manager in London. This role involves managing DUA Contracts, ensuring excellent service to Coverholders and Underwriters, and collaborating with a dynamic team. Candidates should possess strong technical insurance knowledge, problem-solving abilities, and effective communication skills. Aon offers a supportive environment that values diversity and encourages professional growth.

Benefits

Global Wellbeing Days

Comprehensive benefits package

Flexible working solutions

Qualifications

• Understanding of insurance market dynamics.
• Technical DUA insurance knowledge.

Responsibilities

• Prepare DUA Documentation accurately.
• Liaise with Premium and Claims advocate Team.
• Collect and analyze information for market submissions.

Skills

Problem-solving

Interpersonal skills

Effective communication

Numeracy

Teamwork

Tools

MS Office

Lloyd’s systems

Job description

Binding Authority Account Manager

Looking to draw on your DUA Technical knowledge?

Enjoy working in a dynamic Team taking instructions from business producers as well as liaising with Clients and Underwriters?

Then this Account Manager 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 organization, we are united through trust as one inclusive, diverse 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 pro actively 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.)
• 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 expanding 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;
• Technical DUA insurance knowledge; ability to create 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 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.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation [e-mail]

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.

NB. Dependant on regional requirements, please include specific benefits where applicable and relevant accommodation criteria and enhanced equal opportunities statement.

#li-in1

2555710 Binding Authority Account Manager

Looking to draw on your DUA Technical knowledge?

Enjoy working in a dynamic Team taking instructions from business producers as well as liaising with Clients and Underwriters?

Then this Account Manager 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 organization, we are united through trust as one inclusive, diverse 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 pro actively 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.)
• 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 expanding 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;
• Technical DUA insurance knowledge; ability to create 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 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.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation [e-mail]

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.

NB. Dependant on regional requirements, please include specific benefits where applicable and relevant accommodation criteria and enhanced equal opportunities statement.

#li-in1