At a Glance
- Tasks: Lead a dynamic team in providing expert insurance coverage solutions for global clients.
- Company: Join Aon, a global leader in insurance and risk management.
- Benefits: Enjoy a competitive salary, flexible working, and comprehensive wellbeing support.
- Other info: Hybrid work model with opportunities for professional growth and development.
- Why this job: Make a real impact in a unique role at the forefront of insurance innovation.
- Qualifications: Must be an experienced insurance lawyer with strong leadership skills.
The predicted salary is between 80000 - 100000 £ per year.
Are you an experienced insurance lawyer looking for a high impact leadership role with a global broker? Are you aiming to leverage your legal experience in a commercial and international setting? We are seeking to recruit an experienced Insurance Lawyer for a newly created role as Head of Property, Casualty and Crisis Management Coverage.
This is a new and unique role in the London market which offers a varied and fascinating position at the cutting edge of the Property, Casualty and Crisis Management world. This is a hybrid role, based in our London office with the flexibility to work, for a proportion of the week, virtually.
This newly created position will sit within the existing Coverage and Insurable Risk team in the Global Broking Centre in London, supporting the Property, Casualty and Crisis Management (PCCM) team. The Coverage and Insurable Risk Team is made up of a number of Coverage Specialists, most of whom are qualified insurance lawyers. The team services the Broking teams in London who, in turn, are serving Network Offices around the world. The role of the team is to ensure best in class insurance coverage for our clients, both at an Aon product level and on a bespoke basis for individual clients.
It will be essential for the candidate to be an insurance lawyer with significant experience, including in relation to property insurance and casualty insurance. This will include experience of:
- Insurance and reinsurance policy terms and conditions
- Interpretation of insurance and reinsurance policy wordings and the ability to draft clear policy language
- Insurance product design and drafting
- The legal and regulatory context in which global insurance programmes are placed
- Reinsurance used as part of the structuring of global insurance programmes
- Designing and delivering training on key issues relating to insurance policy coverage
- Experience of considering current issues in these lines of business; an example is the terms of business interruption cover.
Given the variety of lines of business placed by PCCM, we are looking for solid experience of insurance law generally, including in relation to property insurance and casualty insurance. The successful candidate will be supported by at least one other team member who will be dedicated to the PCCM team. People management experience will be a requirement of the role.
What the day will look like: This is a new role and, in the first instance, will involve developing (in conjunction with the Head of the Coverage and Insurable Risk Team) a strategic plan for supporting the PCCM team with their various needs and building a team to deliver this. At the outset, the work will be limited to key strategic projects.
Ultimately, the team will support the PCCM team by:
- Providing specialist input on matters relating to the terms of the insurance cover placed for Aon's clients
- Advising clients and network offices on terms of cover in conjunction with the Broking team
- Negotiating with underwriters on individual placements in conjunction with the Broking team
- Drafting and negotiating the terms of the cover provided under Aon facilities
- Assisting in the design and implementation of new insurance products
- Providing training to the Broking teams on coverage issues
- Developing Aon's stance on market developments and interacting with market bodies such as Lloyd's and the LMA
- Coordinating with coverage specialists around the Aon network to ensure an Aon United approach
- Cooperating with the Claims team on significant coverage issues arising in active claims
- Remaining up to date with all legal and regulatory developments impacting insurance coverage and the context within which it is sold and ensuring that the Broking teams are supported accordingly.
How this opportunity is different: The successful candidate will join a small but vibrant team which sits at the heart of the business in the Global Broking Centre, advising Brokers and clients on real-time issues. The successful candidate will report to Helen Chapman, the Head of the Coverage and Insurable Risk Team and will sit on the PCCM Leadership Team. This is a Hybrid role which will allow for some home-based working, although the successful candidate will need to be in the office at least 50% of the time.
The PCCM team, led by Helene Madell, is a team of 250+ individuals, placing in excess of $3 billion of annual premium into the London and international markets for clients located in 120 countries. The team's lines of business include:
- North American Property
- International Property
- US Casualty
- International Casualty
- Digital Economy
- Environmental Liability
- Healthcare and Life Sciences
- Terrorism and Political Violence
- Life, Accident and Health
- Kidnap and Ransom
- Contingency and Events
- Media and Entertainment
- Political Risk and Structured Credit
- Product Recall and Contamination
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 team and we are passionate about helping our colleagues and clients succeed.
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, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
Head of Coverage: Property, Construction and Infrastructure in London employer: Aon Corporation
Aon is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee wellbeing and professional growth. As the Head of Coverage for Property, Construction and Infrastructure in London, you will benefit from a hybrid working model, comprehensive benefits, and the opportunity to lead a vibrant team at the forefront of the insurance industry, all while contributing to meaningful projects that shape global insurance solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Coverage: Property, Construction and Infrastructure in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and legal sectors. Attend industry events, webinars, or even casual meet-ups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to property, casualty, and crisis management. Tailor your responses to show how your experience aligns with their needs. We want to see you shine!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in insurance law and how it relates to the role. The more comfortable you are, the better you'll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you that dream job!
We think you need these skills to ace Head of Coverage: Property, Construction and Infrastructure in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in insurance law, especially in property and casualty. We want to see how your background aligns with the unique aspects of this role.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this leadership position. Share specific examples of your experience and how you can contribute to our PCCM team.
Showcase Your Leadership Skills:Since this role involves people management, don’t forget to highlight your leadership experience. We’re looking for someone who can inspire and guide a team effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at Aon Corporation
✨Know Your Stuff
Make sure you brush up on your insurance law knowledge, especially around property and casualty insurance. Be ready to discuss specific policy terms and conditions, as well as recent developments in the industry. This will show that you're not just experienced but also current.
✨Show Leadership Skills
Since this role involves people management, be prepared to share examples of how you've successfully led teams in the past. Think about challenges you've faced and how you motivated your team to overcome them. This will demonstrate your capability to lead within the Coverage and Insurable Risk team.
✨Prepare for Strategic Discussions
This position requires developing strategic plans for the PCCM team. Think about how you would approach this task and be ready to discuss your ideas during the interview. Showing that you can think strategically will set you apart from other candidates.
✨Ask Insightful Questions
Prepare some thoughtful questions about the role and the team dynamics. Inquire about the current challenges the PCCM team is facing or how they measure success in this new position. This shows your genuine interest and helps you assess if the role is the right fit for you.