Director – Portfolio Solutions

Aon is currently recruiting an Account Director to join the Global Broking Centre’s Portfolio Solutions team.

This role spans across Aon London’s Global Broking Centre (GBC), over 25 lines of business and working with a broad spectrum of teams to evolve the wholesale broking strategy in London.

The Global Broking Centre in London is an integral part of Aon’s global broking strategy. The GBC provides colleagues from across the Aon network with access to specialist brokers and client managers, dedicated client solutions and thought leadership, and significant global insurance capacity.

The GBC works with network colleagues to deliver market-leading solutions to Aon clients, creating a competitive advantage in our placement strategies worldwide.

This is a hybrid role with the flexibility to work both virtually and from our London office

Aon is in the business of better decisions

At 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, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

Senior representative for Aon Client Treaty within the PST
Support the GBC CBO as the lead broker for the renewal and any subsequent endorsements and binder broking activities throughout the policy period
Work alongside AUM and the Strategy and Technology Group in developing the submission process within the GBC
Lead the GBC contribution in respect to reduction of indexation risk and work alongside the GBC BUs to manage both the new business and renewal pipeline
Develop a detailed understanding of the GBC portfolio and what is in scope for ACT – including client numbers, segmented by size, product, industry, class of business etc.
Understand the key exposure analysis along with attachment and limit profiles
Understand the portfolio profitability - both current and projected by working with AGRC to understand and be able to discuss projections to ultimate with participating carriers
Understand the contribution and impact of key classes of business to the overall profitability and make-up of the portfolio
Participate in the renewal process, and manage any mid-term changes, looking to review and support Aon’s strategy in the growth of ACT with current and potential new markets
Work with AUM and the Business Leaders to manage any requested change in the agreed leader’s panel on a quarterly basis
Ensure compliance with binding authority management protocols and standards and working with binding authority management team, Lloyd’s and/or ACT insurers, as necessary, to ensure on-going compliance with internal/external and regulatory requirements
Working alongside AUM and all GBC Business Units who have current SPS facilities run through AUM and ensure they are managed in accordance with FCA regulations
Build working relationships with BU leads and those actively managing the SPS with in each BU
Work with GBC and AUM to produce and manage key communications related to AUM and SPS placements such as online marketing materials
Working the leaders across the firm to understand the performance of current and future facilities
Ensure that robust performance management and training and competence processes are in place and that actions are implemented in a timely manner.
Ensure all FCA regulations and internal compliance requirements are adhered to in a timely manner
Promote all compliance related requirements throughout the area and identify opportunities for process improvement.
Ensure all agreed practices and tools are actively and consistently applied.

How this opportunity is different

You will work in a key leadership role alongside the GBC’s Chief Broking Officer, Aon Underwriting Managers (Aon’s UK in house MGA) and the GBC Business Unit (BU) Leaders ensuring that Aon Client Treaty (ACT), both current and future manifestations, is relevant and fit for purpose and that ACT client benefits are consistently and clearly communicated to clients and other interested parties.

In addition, to ensure all current Structured Portfolio Solution placements are working effectively and efficiently and to develop new facilities where appropriate, through dialogue with the BU’s and by working alongside the GBC Data and Analytics team.

Portfolio Solutions is at the forefront of the Aon Global Broking Centre’s distribution and broking strategy, recognised as a Business Unit and valuable partner leading the development and management of Structured Portfolio Solutions (SPS).

Within Portfolio Solutions, the Binding Authority team is a central hub with specific technical and broking expertise, enabling growth in Aon’s network through insight driven risk transfer advice and market solutions.

Skills and experience that will lead to success

Senior, results oriented, business leader with a proven track record of delivery
Proven interpersonal skills, capable of dealing with domestic and international clients, business stakeholders and external bodies.
Commercial acumen and negotiation skills of the highest order.
Strong track record of leading teams – able to motivate and inspire team to achieve success
Motivation, coaching and development of staff – proven track record in effective people management
Experience of working at BU leadership level, influencing, and implementing change
In-depth knowledge and expertise in insurance/reinsurance broking - desirable
Proven track record in programme design and placement – desirable

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

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, diverse 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 ReasonableAccommodations@Aon.com

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Director - Portfolio Solutions