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Associate Director, Broking

3 months ago

Singapore AON Full time

Associate Director, Broking

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

  • Manage broking initiatives and strategies focusing on supply chain strategy, broking services and centralised broking.
  • Champion all broking-related initiatives and Communicate Broking Strategies, Goals, and Services.
  • Understand, adhere and to pursue the organization's visions, goals and personal KPIs and directives actively to ensure they are met.
  • For Supply Chain Strategy – Support Engagement Model for Strategic Carriers for Broking Initiatives and Portfolio Management, facilitate Carrier Working Group Engagement with the active partnership with Client Services, Client Relations and ABS Teams for the areas of involvement, Monitor market movements : existing and new entrants in the market, review, implement and optimize remuneration programs with Carriers.
  • For Centralised broking – Optimize and Launch Existing / New Facilities / SPS, Product Development and Solutions.
  • For Broking Services – Support Vendor Partnerships, Deliver WCB Deliverables to Carriers via broking analytics and survey insights and drive Bursary Strategy and growth.
  • Perceptive to clients' needs in order to deliver the broking solutions and initiatives that matters.
  • Partner with the Client Service team and Client Relationship teams, collaboratively and to focus on delivering the best business results and initiatives to the clients as one Aon United.
  • Actively seeking out market intelligence to build a robust and credible knowledge-based carrier and/or supply chain management to establish a long term and sustainable growth plans. Leading and Managing the Broking team in Broking Functions. Broking Function includes and are not limited to:
  • Involved in pre and post renewal discussions with Clients and Account Managers.
  • Renewal management with carriers.
  • TBS utilisation and governance for renewal and placement activities.
  • Conduct RFP, Comparison of quotes and negotiation with carriers.
  • Renewal proposal preparations.
  • Post renewal process functions (Underwriting Requirement Process Management, Policy Delivery and Policy Checks, ER process etc.
  • Strategic engagement, planning and execution with carriers focusing on growth and retention.
  • Ensure strong collaboration between internal collaborators - between Broking, Aon Centre of Excellence (CoE) and Client Facing Teams.
  • Serves as key team member to drive higher operational efficiencies, productivity including, standardisation and strengthening current business processes which are to be supported by Aon India CoE Team.
  • Ensure Deliverables within Aon's Centre of Excellence in ensuring timely and quality delivery of broking activities..
  • Act as primary contact in broking team for providing specialist advice to clients and Aon Health Solutions colleagues.
  • Finding opportunities for streamlining and improving system and business processes within Broking.
  • Understanding business and broking Strategies and translating them into tactical plans.
  • Lead development, implementation and adoption of strategies wthin the broking team.
  • Accountable for broking team's adoption and utilisation of broking strategies.
  • Responsible for financial and non-financial critical metric of the broking team to meet organisational goals and needs.
  • Develop Talent and skills within teams to meet needs of the organisation and succession planning.
  • Integrate with other business and functions to drive broader work strategies relating to broking functions and any additional duties that may be allocated to you by the company from time to time. Skills and experience that will lead to success
  • Degree or Diploma or equivalent experience from a recognised university or polytechnic
  • Minimum regulatory requirements (BCP, PGI. CommGI, HI, M5, M9) for registration as Broking and FA rep with MAS
  • More than 8 years of related experience
  • In-depth knowledge of the overall employee benefits program (standard and custom), all funding mechanisms, broking processes, market segments and marketplaces.
  • Good skills on MS systems including Word, Excel, Power-point required
  • Has a keen sense of responsibility, good communicator with a keen self-awareness, social & emotional intelligence, embraces DE&I collaborative, accountability, flexibility and consistency to lead colleagues across all functions to focus on activities that will lead to business results and growth.
  • Ability to embrace and implement organizational changes
  • Senior stakeholders/ C-suite management skills
  • Align and work to meet the department/ organizational visions and goals
  • Guide others in resolving complex issues based on independent discretion and judgement to determine appropriate solutions and process 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 Associate Director, Broking 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
  • Manage broking initiatives and strategies focusing on supply chain strategy, broking services and centralised broking.
  • Champion all broking-related initiatives and Communicate Broking Strategies, Goals, and Services.
  • Understand, adhere and to pursue the organization's visions, goals and personal KPIs and directives actively to ensure they are met.
  • For Supply Chain Strategy – Support Engagement Model for Strategic Carriers for Broking Initiatives and Portfolio Management, facilitate Carrier Working Group Engagement with the active partnership with Client Services, Client Relations and ABS Teams for the areas of involvement, Monitor market movements : existing and new entrants in the market, review, implement and optimize remuneration programs with Carriers.
  • For Centralised broking – Optimize and Launch Existing / New Facilities / SPS, Product Development and Solutions.
  • For Broking Services – Support Vendor Partnerships, Deliver WCB Deliverables to Carriers via broking analytics and survey insights and drive Bursary Strategy and growth.
  • Perceptive to clients' needs in order to deliver the broking solutions and initiatives that matters.
  • Partner with the Client Service team and Client Relationship teams, collaboratively and to focus on delivering the best business results and initiatives to the clients as one Aon United.
  • Actively seeking out market intelligence to build a robust and credible knowledge-based carrier and/or supply chain management to establish a long term and sustainable growth plans. Leading and Managing the Broking team in Broking Functions. Broking Function includes and are not limited to:
  • Involved in pre and post renewal discussions with Clients and Account Managers.
  • Renewal management with carriers.
  • TBS utilisation and governance for renewal and placement activities.
  • Conduct RFP, Comparison of quotes and negotiation with carriers.
  • Renewal proposal preparations.
  • Post renewal process functions (Underwriting Requirement Process Management, Policy Delivery and Policy Checks, ER process etc.
  • Strategic engagement, planning and execution with carriers focusing on growth and retention.
  • Ensure strong collaboration between internal collaborators - between Broking, Aon Centre of Excellence (CoE) and Client Facing Teams.
  • Serves as key team member to drive higher operational efficiencies, productivity including, standardisation and strengthening current business processes which are to be supported by Aon India CoE Team.
  • Ensure Deliverables within Aon's Centre of Excellence in ensuring timely and quality delivery of broking activities..
  • Act as primary contact in broking team for providing specialist advice to clients and Aon Health Solutions colleagues.
  • Finding opportunities for streamlining and improving system and business processes within Broking.
  • Understanding business and broking Strategies and translating them into tactical plans.
  • Lead development, implementation and adoption of strategies wthin the broking team.
  • Accountable for broking team's adoption and utilisation of broking strategies.
  • Responsible for financial and non-financial critical metric of the broking team to meet organisational goals and needs.
  • Develop Talent and skills within teams to meet needs of the organisation and succession planning.
  • Integrate with other business and functions to drive broader work strategies relating to broking functions and any additional duties that may be allocated to you by the company from time to time. Skills and experience that will lead to success
  • Degree or Diploma or equivalent experience from a recognised university or polytechnic
  • Minimum regulatory requirements (BCP, PGI. CommGI, HI, M5, M9) for registration as Broking and FA rep with MAS
  • More than 8 years of related experience
  • In-depth knowledge of the overall employee benefits program (standard and custom), all funding mechanisms, broking processes, market segments and marketplaces.
  • Good skills on MS systems including Word, Excel, Power-point required
  • Has a keen sense of responsibility, good communicator with a keen self-awareness, social & emotional intelligence, embraces DE&I collaborative, accountability, flexibility and consistency to lead colleagues across all functions to focus on activities that will lead to business results and growth.
  • Ability to embrace and implement organizational changes
  • Senior stakeholders/ C-suite management skills
  • Align and work to meet the department/ organizational visions and goals
  • Guide others in resolving complex issues based on independent discretion and judgement to determine appropriate solutions and process 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