Binding Authority Account Manager

Unlocking Your Potential: A Review of the Binding Authority Account Manager Role at Aon

For seasoned insurance professionals with a keen eye for detail and a passion for client service, this Binding Authority Account Manager position at Aon presents a compelling opportunity. If you possess over five years of technical knowledge in Delegated Underwriting Authority (DUA) and thrive in a collaborative, dynamic environment, this role could be a significant step in your career progression.

This is more than just a processing role; it's an opportunity to contribute to a dedicated DUA team within Aon's prominent London office. Aon, a global leader in the business of better decisions, is committed to protecting and enriching lives through trust, inclusivity, and a shared passion for success. This ethos permeates their team culture and client interactions.

What You Can Expect in This Role:

• Strategic Handling of DUA Contracts: You will be responsible for the day-to-day management of nominated DUA contracts, ensuring seamless operations and exceptional service delivery to Coverholders and Underwriters.
• Team Leadership and Technical Guidance: This position offers a supervisory element, where you'll lead a sub-team, providing crucial technical oversight, ensuring adherence to deadlines, and fostering a motivated and skilled team environment.
• Cross-Functional Collaboration: A key aspect of this role involves close collaboration with business producers, as well as Aon's Premium and Claims advocates, to ensure timely processing of premiums and claims.
• Data Analysis and Reporting: You will be involved in the preparation of statistics, including data pivoting and generating up-to-date reports, providing valuable insights for business development.
• Client and Underwriter Liaison: Providing expert advice on coverage scope and assisting clients and underwriters with clause interpretations are core functions, demanding strong interpersonal and communication skills.
• System Proficiency: While training will be provided for Aon's in-house systems, experience with Lloyd's systems such as DCOM, PPL, Atlas, and Crystal is highly beneficial.
• Risk Management and Compliance: A strong understanding and adherence to Aon's Risk Management Framework and policies are essential, ensuring the integrity and reputation of the business.

Key Advantages and Career Growth:

• Exposure to Global DUA Business: This role offers an exciting pathway to broaden your experience with third-party DUA business from diverse global markets.
• Deepening DUA Expertise: You will gain invaluable insights into the intricacies of maintaining and growing a book of DUA business across a wide array of insurance products.
• Collaborative and Supportive Environment: As part of a team-oriented culture, you will benefit from the support of the Client Service Team and the extensive Aon Network.
• Skill Development: The role encourages the development of leadership, technical insurance knowledge, problem-solving, and interpersonal skills, all vital for career advancement in the insurance sector.

Considerations for Aspiring Candidates:

• Experience is Key: A minimum of five years of technical DUA insurance knowledge is a prerequisite for success in this role.
• Leadership Aptitude: Demonstrating strong team leadership skills, the ability to set and manage deadlines, and motivate staff are crucial.
• Insurance Market Acumen: A solid understanding of insurance market dynamics, core processes, and regulatory frameworks (including FCA) is essential.
• Technical Proficiency: The ability to build insurance documentation, utilize industry IT systems, and a good level of numeracy are important.
• Communication and Interpersonal Skills: Effective communication, presentation, and interpersonal skills are vital for liaising with internal teams, clients, and underwriters.
• Adaptability and Integrity: The capacity to work effectively as part of a team and to demonstrate integrity and professionalism at all times are highly valued.

Aon's Commitment to Colleagues:

Aon fosters an environment where colleagues are empowered to be their authentic selves. Beyond a comprehensive benefits package, they champion an inclusive workforce and an agile work environment that supports wellbeing and work-life balance. Colleagues enjoy additional benefits such as two "Global Wellbeing Days" annually, encouraging personal focus. Aon's continuous learning culture is designed to inspire and equip you to learn, share, and grow, ensuring you remain connected, relevant, and valued.

This Binding Authority Account Manager role at Aon offers a challenging yet rewarding opportunity for experienced professionals looking to make a tangible impact and advance their careers within a respected global organization.