Posting Description:We’re hiring!
Aon is currently recruiting an Associate Director, Treaty to join our team in Malaysia.
About Aon
Headquartered in London, Aon Plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility
Posting Description:We’re hiring!
Aon is currently recruiting an Associate Director, Treaty to join our team in Malaysia.
About Aon
Headquartered in London, Aon Plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
At Aon, you’ll be part of a team which will support and inspire you and provide the opportunities and resources to develop your skills. It’s an environment which encourages you to achieve your best - together we’ll empower results.
Role and Responsibilities:
The Broker will be responsible for servicing Aon Benfield’s clients, providing them with quality advice and reinsurance solutions aimed at optimizing their portfolio. The Broker will be the primary point of contact for requests and/or queries from clients and reinsurers alike. In order to carry out his duties, the Treaty Broker will have to work closely with various departments within Aon Benfield, e.g. Analytics Department, Broking Support Department, Client Services Department, etc. The Treaty Broker is also expected to develop and maintain good working relationships with various clients and reinsurers, with the aim of strengthening our partnerships in the market & winning new accounts. Duties include:
1. Gathering information from clients and assessing their reinsurance needs.
2. Handling clients’ Reinsurance Treaty program renewals which includes :
- Cleaning up & analyzing the renewal information pack
- Utilizing our in-house pricing tools to work out quotes for benchmarking & negotiation purposes
- Explaining our catastrophe modeling reports to clients followed by recommendation on the optimal level of catastrophe reinsurance cover that they should purchase
- Building relationships and negotiating with various international reinsurers for the most comprehensive cover at the best price
- Placement of client’s reinsurance programs in a timely fashion
3.Client servicing activities which includes :
- Handling of special acceptance requests
- Setting up meetings with reinsurers and clients periodically
- Facilitating prompt settlement of premium and claims collection requests
4. Maintaining up-to-date and complete documentation for all reports which includes :
- Minutes of meetings with clients & reinsurers
- Catastrophe Benchmarking Reports
- Budget Forecast Reports
- Company Profiles
- Quarterly Reinsurance Market Outlook Reports
- Country Reports
5. Keeping up with major changes in the Malaysia Insurance Market and maintaining a record of these changes.
6. Setting up market events for clients or reinsurers and promoting the Aon Reinsurance brand.
7. Work closely with Client Services (CSD) colleagues aimed at addressing complicated premiums and claims payment issues.
How to Apply
Your opportunity to empower results could start right here. Make your mark and apply online today with a brief covering letter and your resume, sharing relevant achievements for this position.
We Offer You
A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
Our Colleague Experience
Every day, our colleagues make a difference, work with the best, own their potential, and value one another. Together, we share this one purpose: to empower economic and human possibility around the world. This unifying goal is at the heart of our identity, and it lives in everything we do. To learn more about our colleague experience, visit Aon Colleague Experience.
Aon is an equal opportunities employer. We are committed to creating a winning and inclusive culture where everyone feels valued and has opportunities for growth and development.
Location: Kuala Lumpur. How to get there?