Delegated Authority Underwriter

Aon

  • Chelmsford, Essex
  • Permanent
  • Full-time
  • 1 day ago
Posting Description:Delegated Authority UnderwriterDo you have an insurance background and/or experience in the Lloyds of London Market?Do you have passion for Underwriting and want to Underwrite the markets leading multi-line facility?Aon Client Treaty (ACT) is AUM’s flagship facility and writes 19 different lines of business from Property to Marine to D&O and Product Recall. A role in Underwriting team will give a junior Underwriter the opportunity to write 19 lines gaining invaluable experience that is unique in the market, building relationships with a wide variety of broking teams to ensure Aon’s client needs are met.This is a hybrid role with the flexibility to work both virtually and from our Chelmsford, London and St.Albans office.Aon is in the business of better decisionsAt 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 team and we are passionate about helping our colleagues and clients succeed.Aon Underwriting ManagersAUM undertakes underwriting and claims handling services on behalf of insurers and delivers expertise in specific product ranges or trade sectors. AUM focuses on commercial insurance products across Accident and Health, Property and Casualty, Financial Lines and Marine sectors. AUM fulfils many of the roles of an insurance company - underwrites (evaluates the risks and exposures of potential clients against the insurance covers), prices (determines the premium that is charged to insure that risk), issues policies, mid-term adjustments and renewals and on some facilities, manages the claims handling and settlement.AUM has an in-depth understanding of the diverse range of solutions that we offer, and our insurance products are specially designed and unique to Aon.What the day will look like
  • Underwriting a portfolio of multiple lines of business: Assessing, processing, and binding new and renewal business and endorsements within agreed timescales.
  • Timely completion of pre-bind and post bind administrative processes.
  • Ensuring that individual risks are processed promptly and in accordance with the Delegated Underwriting Authority.
  • Recording of risk details on a Policy Administration System in an accurate and timely fashion.
  • Liaise with brokers and internal departments for risk information.
  • Building an excellent working relationship with the Global Broking Centre Team.
  • Referring risks to our insurer panel where necessary.
  • Participating in regular meetings to ensure the ongoing success and adoption of ACT.
Skills and experience that will lead to success
  • Prior experience in an underwriting support role will be looked upon favourably.
  • Minimum A level standard (or equivalent).
  • Good written and oral communication skills.
  • Self-disciplined and organised.
  • Team player.
  • High level of numeracy.
  • Computer literacy including competent in Microsoft Office.
  • Professional - CII or partially CII qualified would be an advantage.
  • Spenish Speaking- not essential but desirable
How we support our colleaguesIn addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.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 and inclusive 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, color, 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. If you would like to learn more about the reasonable accommodations we provide, email#LI-SS2

Aon