At a Glance
- Tasks: Engage with clients, manage underwriting processes, and support business development efforts.
- Company: Aon is a global leader in risk management and advisory services.
- Benefits: Enjoy flexible working, global wellbeing days, and a diverse, inclusive environment.
- Why this job: Join a dynamic M&A team with significant career progression opportunities and impactful projects.
- Qualifications: Experience in transaction services or related fields; strong project management and relationship-building skills.
- Other info: Work on diverse transactions from complex multi-billion deals to smaller projects.
The predicted salary is between 28800 - 43200 ÂŁ per year.
Aon’s Mergers & Acquisitions team provides both a wide range of transaction solutions and deal advisory services to clients undertaking M&A activity across the UK and EMEA. The Pan-European team has grown rapidly in the last four years with over 85 colleagues in the UK and a total of 250 across EMEA. The team has a diverse range of backgrounds including investment bankers, Big 4, lawyers, actuaries, plus technical specialists including insurance.
The team’s focus is across two core strategies. Our Transactions Solutions (TS) capabilities deliver structured risk transfer instruments covering Warranty & Indemnity insurance and a range of risk transfer solutions for tax, litigation plus other contingent risks. In addition, we arrange credit/bonding solutions to enable clients to optimise their capital structure. We also provide specialist Transaction Advisory Services (TAS), with specialist capability in Risk and Insurance, Financial Lines, Cyber Security, Human Capital, Intellectual Property and ESG.
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:
- Day to day delivery of broking placements – including client and insurer engagement, preparation of insurer submissions, drafting of client reports, project managing the underwriting process, and handling policy binding.
- Daily communication with the other members of the Aon deal team working on the relevant placement to discuss next steps, progress etc.
- Post transaction handling of invoicing and collating post-deal marketing collateral.
- Support the management of stakeholder relationships (with client and adviser relationships being key to business generation).
- Attend external networking events, conferences, and seminars and contribute to the team’s business development efforts.
- Develop own awareness of the broader AMATS capabilities to confidently convey to stakeholders.
- Assist with proposals/pitches and managing the team’s pipeline.
- Working with Aon colleagues, drive the development of new innovative solutions including developing valuable and timely content applicable to both clients and the broader AMATS team.
Significant scope for career progression, in the short term within the transaction solutions team and longer term within the AMATs division. More broadly as a global organisation Aon offers significant career opportunities for its high performing talent both domestically and internationally.
How this opportunity is different:
We are a dynamic and diverse team of M&A professionals, supporting clients across a wide range of transactions including typical buy and sell-side deals, carve-outs, distressed M&A plus secondary market deals. Our mix of deals includes both UK domestic and international transactions covering the full valuation range from the largest, most complex multi-billion deals to sub-ÂŁ50m transactions.
Skills and experience that will lead to success:
- W&I / Tax / or general Transaction Services experience from within Audit / Accountancy / Legal or other analogous industries.
- Knowledge of the London insurance market is beneficial, but not essential.
- Project management responsibility within current or previous roles.
- Experience in developing and managing relationships (internal and/or external) and attending networking events.
- Experience in producing written outputs and strong attention to detail.
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!
Associate - Transaction Solutions employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate - Transaction Solutions
✨Tip Number 1
Network actively within the M&A community. Attend industry events, seminars, and conferences where you can meet professionals from Aon and similar firms. Building relationships in this space can give you insights into the company culture and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with Aon's Transaction Solutions offerings. Understanding their specific services, such as Warranty & Indemnity insurance and risk transfer solutions, will allow you to speak confidently about how you can contribute to their team during interviews.
✨Tip Number 3
Demonstrate your project management skills. Be prepared to discuss specific examples of how you've successfully managed projects in previous roles, especially those that involved client engagement or complex transactions, as these are crucial for the Associate position.
✨Tip Number 4
Stay updated on trends in the insurance market and M&A activities. Being knowledgeable about current events and changes in regulations can help you engage in meaningful conversations with interviewers and show your genuine interest in the field.
We think you need these skills to ace Associate - Transaction Solutions
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in transaction services, project management, and relationship building. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Aon's Mergers & Acquisitions team and how your background aligns with their needs. Mention specific skills like W&I or Tax experience and your ability to manage stakeholder relationships.
Showcase Your Attention to Detail: In your application, provide examples of your written outputs and any projects where attention to detail was crucial. This will highlight your suitability for the role, especially since strong written communication is essential.
Highlight Networking Experience: Discuss any previous experiences attending networking events or conferences. Emphasise how these experiences have helped you develop relationships that could benefit Aon’s business development efforts.
How to prepare for a job interview at TN United Kingdom
✨Understand the Role
Make sure you have a clear understanding of the Associate - Transaction Solutions role. Familiarise yourself with Aon's Mergers & Acquisitions team and their transaction solutions, as well as the specific responsibilities mentioned in the job description.
✨Showcase Relevant Experience
Highlight your experience in W&I, Tax, or general Transaction Services. Be prepared to discuss how your background in Audit, Accountancy, or Legal can contribute to the team’s success and how it aligns with the skills they are looking for.
✨Demonstrate Relationship Management Skills
Since managing stakeholder relationships is key, prepare examples of how you've successfully developed and maintained professional relationships in previous roles. This will show your ability to engage with clients and advisers effectively.
✨Prepare for Networking Questions
Given the emphasis on attending networking events and contributing to business development, think of instances where you've networked successfully. Be ready to discuss how you can leverage these skills to benefit Aon and its clients.