We are seeking a highly motivated individual to join our Regional Life & Health Reinsurance team servicing our clients in Asia. In this role, the new team member will take an integral part in the development of our Life & Health Reinsurance business in Asia Pacific, with a particular focus on South East Asian and South Asian markets. The role will consist in providing and coordinating the technical (accounts, wording) and administrative support for the Asia Life & Health Reinsurance team in placing and servicing of both Life & Health Reinsurance contracts.
What the day will look like
- A core member of Aon’s Asia Life & Health reinsurance team, reporting to the Head of Life & Health Reinsurance for South East Asia.
- In collaboration with the broking and broking support colleagues from the regional team in Singapore and the various in-country teams across Asia enable execution of reinsurance transactions/ consulting engagements through:
- Preparation and review of information submissions to facilitate reinsurance transactions for our clients
- Participation in the reinsurance quotation process, reinsurance proposal sourcing and negotiations with our reinsurance partners
- Generation and review of contractual documentation (including contract wordings, endorsements and evidence of cover) – this includes preparation of new and renewal reinsurance contracts, ensuring compliance with internal and external requirements (cedant and reinsurer), guidelines and recommending areas for improvement
- Stay on top of the reinsurance placement process by liaising with the team and stakeholders across departments to ensure treaty completion
- Maintain treaty information database, enabling delivery of contract advice and guidance to clients and/or broking teams, and resolution of contract related queries from clients and reinsurers, liaising with colleagues within other departments as necessary
- Preparation and coordination of client engagement / contracts documentations as well NDAs with trading partners on business in scope
- Proactive management of the team’s pipeline information for business planning and management reporting
- Provide training/ knowledge sharing to colleagues on the above matters
- In collaboration with the technical accounting teams:
- Review and check the technical accounts provided by clients, support resolution of related queries from clients and reinsurers where necessary
- Produce management information reports to support the business planning process. This includes tracking of business results
- Population and maintenance of data within Aon’s systems
- Adherence to the standards, procedures and best practices of Aon Singapore to ensure MAS and other regulatory compliance
- Assist the broader Life & Health APAC leadership team with ongoing strategy & financial reporting, as well bespoke technical or operational queries
Skills and experience that will lead to success
- Degree or Diploma in relevant discipline (LLB or BBA, Accounting, Finance preferred)
- Prior 7 to 10 years of experience within the Life & Health Reinsurance field
- Excellent command of written and spoken English
- Ability to manage multiple priorities and track projects through to completion
- Independent, analytical and pro-active
- Self-motivated, holds oneself accountable and takes ownership for problem resolution - resourceful
- A team player – able to communicate in a dynamic team environment
