Specialty Broking Executive

Aon Insurance and Reinsurance Brokers Philippines, Inc; Makati; On-site; PHP 700,000 - 1,100,000; Full time

Job summary

Aon Philippines is seeking a dedicated Specialty Broking Executive to retain and grow business, build relationships with senior client decision-makers, and lead local resources across Specialty areas.

You will coordinate with regional teams, advise on market conditions, and work with broking, account management and claims colleagues to design fit-for-purpose programs and secure favorable terms.

Responsibilities

• Lead Understudy for at least one Specialty area as the main local resource for the Philippines
• Coordinate with regional/global Specialty counterparts to transfer technical knowledge to the Philippines team relating to the assigned Specialty
• Provide support to Specialty Broking colleagues when advising clients and colleagues on market conditions that includes existing coverage and capacity, pricing environment, available coverage enhancements, etc.
• Assist the Specialty Broking, Account Management and Claims colleagues in claim cases requiring technical guidance especially in situations involving the assigned Specialty area
• Provide coordination with the Specialty Broking Director in the review and preparation of guidance in program design and review policy wordings to ensure it is fit-for-purpose based on the client’s risk profile and risk transfer objectives
• Develop review market placement strategies in coordination with the Chief Broking Officer and/or Specialty Broking Leader Director as well as the Broking Center colleagues, if applicable
• Execute work with the Specialty Broking Director in the technical reviews of insurance programs and placement plans including those handled directly by the Account Management team
• Negotiate with underwriters to secure the appropriate terms and conditions aligned with the established program design
• Prepare underwriting submissions, placement slips, insurance contracts, endorsements and other relevant broking documents in coordination with insurance carriers and/or Broking Center
• Coordinate with carrier contacts and Broking Center colleagues to facilitate the documentation process to meet turn-around-time target
• Manage the placement process independently and secure assistance from Specialty Broking colleagues, if necessary
• Engage with carrier contacts and Broking Center/Specialty Broking colleagues on a regular basis to maintain key market relationships
• Actively participate in business development initiatives and client/prospect presentations
• Assist the Specialty Broking and Account Management colleagues in promoting best practices in broking, the regular use of standardized templates, archiving of broking files, peer review process, and compliance matters
• Work closely with the Chief Broking Officer and Specialty Broking Leader Director to ensure client/prospect needs and expectations are adequately met
• Collaborate, whenever possible, with other colleagues on growth opportunities
• Manage ad-hoc duties from time to time

Job description

Specialty Broking Executive

We are looking for a dedicated individual to join us as a Specialty Broking Executive at Aon Philippines, offering you a real opportunity to further develop your capabilities. You will be involved in a variety of projects and clients playing a key role in helping to shape the future of their companies.

You will be responsible in Retaining and growing Aon’s business, cultivating relationships with senior-most client decision-makers in the client organization as well as with day-to-day client contacts.

This is a great opportunity to become a fundamental member of a highly professional and diverse team. Aon is a global organization which strives to provide meaningful career paths for its employees. Come on board and reap the rewards.

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

• Lead Understudy for at least one Specialty area as the main a local resource for the Philippines
• Coordinate Assist in the coordination with regional/global Specialty counterparts to seamlessly transfer technical knowledge to the Philippines team relating to the assigned Specialty
• Provide support to Specialty Broking colleagues when advising advice to clients and colleagues on market conditions that includes existing coverage and capacity, pricing environment, available coverage enhancements, etc. within scope of responsibility
• Assist the Specialty Broking, Account Management and Claims colleagues in claim cases requiring technical guidance especially in situations involving the assigned Specialty area
• Provide Coordinate with the Specialty Broking Director in the review and preparation of guidance in program design and review policy wordings to ensure it is fit-for-purpose based on the client’s risk profile and risk transfer objectives
• Develop Review market placement strategies in coordination with the Chief Broking Officer and/or Specialty Broking Leader Director as well as the Broking Center colleagues, if applicable
• Execute Work with the Specialty Broking Director in the technical reviews of insurance programs and placement plans including those handled directly by the Account Management team
• Negotiate with underwriters to secure the appropriate terms and conditions aligned with the established program design
• Prepare underwriting submissions, placement slips, insurance contracts, endorsements and other relevant broking documents in coordination with insurance carriers and/or Broking Center
• Coordinate with carrier contacts and Broking Center colleagues to facilitate the documentation process to meet turn-around-time target
• Manage the placement process independently and secure assistance from Specialty Broking colleagues, if necessary
• Engage with carrier contacts and Broking Center/Specialty Broking colleagues on a regular basis to maintain key market relationships
• Actively participate in business development initiatives and client/prospect presentations
• Assist the Specialty Broking and Account Management colleagues in promoting best practices in broking, the regular use of standardized templates, archiving of broking files, peer review process, and compliance matters
• Work closely with the Chief Broking Officer and Specialty Broking Leader Director to ensure client/prospect needs and expectations are adequately met
• Collaborate, whenever possible, with other colleagues on growth opportunities
• Manage ad-hoc duties from time to time

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, color, 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 @Aon.com