Reinsurance Technical Account Advocate in London

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.