Premium and Pro Rata Advocate

Aon; London; Hybrid; GBP 45,000 - 70,000; Full time

Job summary

A leading company is seeking a Premium / Proportional Treaty Technician in London. The role focuses on managing clients' treaty accounts and requires strong experience in insurance and relationship management. Join a diverse and supportive team that values flexibility and work-life balance.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Smart Working environment

Qualifications

• Experience in processing and submitting XOL Premiums.
• Familiar with end-to-end process of Premium & Proportional Treaty Accounts.

Responsibilities

• Liaising with offshore teams for timely processing.
• Monitoring unallocated cash and held funds.
• Conducting Pro-rata reviews and preparing client meetings.

Skills

Attention to Detail

Interpersonal Skills

Communication Skills

Tools

London Market Systems

Job description

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Premium / Proportional Treaty Technician

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

Skills and experience that will lead to success

• 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
• Experience of processing and submitting XOL Premiums and Proportional Treaty Accounts;
• Familiar with the use of London Market systems;
• 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!