Delegated Authority Underwriter

Overview

Delegated Authority Underwriter Do you have an insurance background and/or experience in the Lloyds of London Market? Do you have passion for Underwriting and want to Underwrite the market\’s leading multi-line facility? Aon Client Treaty (ACT) is AUM\’s flagship facility and writes 19 different lines of business from Property to Marine to D&O and Product Recall. The role in the Underwriting team offers a junior Underwriter the opportunity to gain experience across 19 lines, build relationships with a wide variety of broking teams, and meet client needs. This is a hybrid role with the flexibility to work virtually and from our Chelmsford, London, and St.Albans offices.
Aon is in the business of better decisions. We shape decisions for the better to protect and enrich the lives of people around the world, united through trust as one inclusive team.

Company context: Aon Underwriting Managers (AUM) undertakes underwriting and claims handling services on behalf of insurers and delivers expertise across product ranges or trade sectors. AUM focuses on commercial insurance products across Accident and Health, Property and Casualty, Financial Lines and Marine sectors. AUM underwrites risks, prices premiums, issues policies, manages mid-term adjustments and renewals, and may manage claims handling and settlement on some facilities. AUM’s solutions are designed to be unique to Aon.

What the day will look like

• Underwriting a portfolio of multiple lines of business: assessing, processing, and binding new and renewal business and endorsements within agreed timescales.
• Timely completion of pre-bind and post-bind administrative processes.
• Ensuring individual risks are processed promptly and in accordance with the Delegated Underwriting Authority.
• Recording risk details on a Policy Administration System accurately and in a timely fashion.
• Liaising with brokers and internal departments for risk information.
• Building an excellent working relationship with the Global Broking Centre Team.
• Referring risks to our insurer panel where necessary.
• Participating in regular meetings to ensure ongoing success and adoption of ACT.

Skills and experience that will lead to success

• Prior experience in an underwriting support role will be looked upon favourably.
• Minimum A level standard (or equivalent).
• Good written and oral communication skills.
• Self-disciplined and organized.
• Team player.
• High level of numeracy.
• Computer literacy including competence in Microsoft Office.
• Professional – CII or partially CII qualified would be an advantage.
• Spanish speaking is desirable but not essential.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Our agile environment supports wellbeing and work/life balance, helping you be your best at Aon. All colleagues enjoy two Global Wellbeing Days each year, and we offer a variety of working style solutions. Our continuous learning culture helps you learn, share and grow, achieving your fullest potential. We aim to be an equal opportunity workplace and provide reasonable adjustments during the 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 ReasonableAccommodations@Aon.com.

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