Aon are currently recruiting a Client Account Manager to join our Global ReSpeciality team in London.
The Client Account Manager will be primarily responsible for supporting and providing a service to and managing the expectations of a client or clients, autonomously, at a tactical level, within the strategic parameters established by the relevant Production & Marketing Executive. Will co-ordinate and contribute to the marketing and / or negotiation of predominantly Catastrophe, Aggregate, Quota Share and Industry Loss Warranty business within the Lloyds and Company Market (globally) on a day to day basis in accordance with Market Strategy.
Will assist in producing and/or provide quality checks in respect of documentation regarding transactional and analytical activities required to support the Client’s requirements.
About Aon Benfield
Aon Benfield, a division of Aon plc, is the world’s leading reinsurance intermediary and full-service capital advisor. We empower our clients to better understand, manage and transfer risk through innovative solutions and personalised access to all forms of global reinsurance capital across treaty, facultative and capital markets. As a trusted advocate, we deliver local reach to the world’s markets, an unparalleled investment in innovative analytics, including catastrophe management, actuarial and rating agency advisory. Through our professionals’ expertise and experience, we advise clients in making optimal capital choices that will empower results and improve operational effectiveness for their business. With more than 80 offices in 50 countries, our worldwide client base has access to the broadest portfolio of integrated capital solutions and services. To learn how Aon Benfield helps empower results, please visit www.aonbenfield.com.
Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.
About the Role
As a Client Account Manager some of your key responsibilities will involve:
Analysis of Client submissions prior to release to the market
Production of Client submissions from raw data, for both individual exhibits and complete information packs
Liaison with account executives, account managers, the various Analytics teams, Clients and Reinsurers regarding submission information, portfolio developments and the resulting impact on Reinsurance throughout a renewal process
Supporting account executives working on presentations and pitches via portfolio, pricing and programme analysis
Working in conjunction with the various Analytics teams, Business Development team and other (non-marine) departments on cross-class projects
Working in conjunction with the various AB Analytics teams to support work on exposure curves and rating tools
Supporting account executives by ensuring the efficient delivery of all AB products and tools
Documentation / Collateralisation Support
Drafting, checking and reviewing contracts to ensure that they satisfy requirements for all contracting parties
Negotiating on the content of contracts, trust agreements and collateral documents with client/reinsurers throughout the placement process
Cover Note review and team signatory
Collating data and produce reports, as required, benchmarking the collateral process for our clients / reinsurers / Internal
Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
As a Client Account Manager your skills and qualifications will ideally include:
Educated to A Level standard or equivalent
Chartered member of CII
Excellent understanding of London re/insurance market dynamics and core processes
Excellent technical insurance knowledge
Knowledge of the ILS / Collateralised Market processes
Ability to use insurance industry IT systems to efficiently deliver client service;
Experience of managing effective client relationships
Strong business acumen
Good analytical and problem solving skills
Excellent interpersonal skills
High level of numeracy
Effective communication and presentation skills
Good understanding of compliance and FCA regulation
Ability to work well as part of a team
Demonstrate integrity and professionalism
Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday.