At a Glance
- Tasks: Support technical accounting for Reinsurance, engaging with clients and teams across Aon.
- Company: Join Aon, a leader in the insurance industry, known for its inclusive culture.
- Benefits: Enjoy flexible working, comprehensive benefits, and two Global Wellbeing Days each year.
- Other info: Embrace a culture of continuous learning and professional development.
- Why this job: Make a real impact in a dynamic role while building valuable relationships.
- Qualifications: Experience in the (re)insurance industry and strong analytical skills required.
The predicted salary is between 50000 - 65000 £ per year.
Do you have at least three years of experience in the Insurance/Reinsurance Industry within IBA? If so, an exciting opportunity awaits you at Aon! Aon is looking for a Technical Account Representative specialising in Reinsurance to join our team in London. The role is crucial in creating a culture of continuous improvement using process perfection and adding to the broader success of the Broking Sales, Controllership, Client Services, Claims Advocacy, IBA, Fiduciary, Finance and Operations Teams.
This is a hybrid role with the flexibility to work both in our London office and remotely from home and aligns with in country smart working policy.
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 Reinsurance Technical Account Advocate you will provide support on technical accounting related matters to Aon Reinsurance Colleagues, Clients and Reinsurers, in addition to our Indian, Chelmsford and Leicester Partner Offices.
- This is an important role, and you will be expected to engage with the different Aon business teams, Controllership, Client Services, IBA, Fiduciary Accounts, Finance and Operations Teams.
- The ideal candidate will assist in the production and analysis, monitoring and reporting of all financial results. In addition, will deliver regulatory reporting requirements.
- Production of KPI for Governance Committees such as Business Unit ERM, Exec, Ops, AON UK Ltd Exco and Board, including oversight and tracking of ORTP (third party) Payments, Funding, UCB, Funds Held, Outstanding Cash, Targeted Overdue Proportional Quarterly Treaty Accounts.
- Supervise the performance of these reports and follow up promptly when needed. This ensures Aon's Working Capital and Free Cash Flow position reduces according to set targets.
- Engage with clients and markets on accounting matters and implement resolution strategy.
- Utilise knowledge to drive strategy and best practice within Aon.
- Reconcile incoming reinsurer statements from Lloyds Syndicates chasing for payment of premium and co-ordinate with Aon's Global Offices. Act as a Main Focal Point with these Syndicates.
- Assist with any escalation points and have regular meetings.
- Supporting role on Client and Reinsurer Engagements involving Aon's Key Global Partners to attend meetings.
- Perform any other ad hoc tasks as defined and agreed upon with the Senior Client Relations Specialist.
- Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies and procedures.
- Completion of mandatory training and keenness to adopt coaching or mentoring to allow their own professional development.
- Proficient analytical, numerical and information gathering skills. Determines pertinent information required by management to make effective decisions. Ensures that the gathering, processing, distribution and use of this information occur in a timely, accurate and cost-effective manner.
How this opportunity is different:
This is an exciting time to join Aon as we seek to go further, faster as part of our 3x3 strategy. In this role you will support the Executive Accounts Advocate and working within Reinsurance Solutions Client Services Team, you will be responsible for providing Technical support relating to all Fiduciary elements of the UK Reinsurance Treaty and Facultative Sales Portfolio. It is your opportunity to help reduce Aon's Working Capital and Free Cash Flow position to help drive the business forward. Build relationships with our Clients, Reinsurers and Global Partner offices.
Skills and experience that will lead to success:
- Demonstrated ability working in the (re)insurance industry.
- Good solid understanding of Microsoft applications, with focus on high quality Excel AND Powerpoint skills and AI.
- Great analytical and problem-solving skills.
- Keen to adopt coaching and/or mentoring.
- Excellent social skills, including communication across all levels and presentation skills.
- Ability to create and develop long lasting relationships.
- Demonstrate integrity and professionalism.
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, 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.
Reinsurance Technical Account Advocate in London employer: Aon Corporation
Aon is an exceptional employer that fosters a culture of inclusivity and continuous improvement, making it an ideal place for professionals in the Reinsurance sector. With a hybrid working model based in London, employees benefit from flexible work arrangements, comprehensive wellbeing initiatives, and ample opportunities for personal and professional growth. Aon's commitment to diversity and innovation ensures that every team member feels valued and empowered to contribute meaningfully to the company's success.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Technical Account Advocate in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance industry. Attend events, webinars, or even casual meet-ups. The more people you know, the better your chances of landing that dream job!
✨Tip Number 2
Prepare for those interviews! Research Aon and understand their culture and values. Be ready to discuss how your experience aligns with their goals, especially in technical accounting and client engagement.
✨Tip Number 3
Show off your skills! If you’ve got strong analytical and Excel skills, don’t be shy about it. Bring examples of your work to the interview to demonstrate your capabilities and how you can contribute to Aon's success.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest opportunities there, so keep checking back for new roles that fit your expertise.
We think you need these skills to ace Reinsurance Technical Account Advocate in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reinsurance Technical Account Advocate role. Highlight your experience in the Insurance/Reinsurance industry, especially any IBA-related work. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to Aon's success. Be sure to mention your analytical skills and ability to build relationships, as these are key for us.
Showcase Your Skills:Don’t forget to highlight your proficiency in Microsoft applications, especially Excel and PowerPoint. If you've got experience with AI tools, make sure to mention that too! We love candidates who are tech-savvy and can bring innovative solutions to the table.
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 the role. Plus, it shows you’re keen on joining our team at Aon!
How to prepare for a job interview at Aon Corporation
✨Know Your Numbers
As a Reinsurance Technical Account Advocate, you'll be dealing with financial results and KPIs. Brush up on your analytical skills and be ready to discuss how you've used data to drive decisions in your previous roles. Bring examples of reports you've produced or analysed.
✨Master the Art of Communication
This role requires excellent social skills and the ability to communicate across all levels. Practice articulating complex accounting concepts in simple terms. Prepare to showcase your presentation skills by discussing how you’ve engaged with clients or stakeholders in the past.
✨Showcase Your Problem-Solving Skills
Aon values analytical and problem-solving abilities. Think of specific challenges you've faced in the insurance/reinsurance industry and how you resolved them. Be ready to share these stories during your interview to demonstrate your critical thinking.
✨Emphasise Team Collaboration
You'll be working closely with various teams at Aon. Highlight your experience in collaborative environments and how you've built relationships with colleagues and clients. Prepare to discuss how you can contribute to a culture of continuous improvement within the team.