Placement Executive, Energy

1 day ago

Singapore Aon Corporation Full time

Posting Description:

- We’re hiring_

Aon is currently recruiting a Placement Executive - Energy to join our team in Singapore.

**About Aon**

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.

**The Opportunity**

Primarily responsible for negotiating and placing insurance/reinsurance contracts with a carrier for a client, generally resulting in either a fee or commissions to Aon. Responsibilities may include relationship management with both the clients and carriers, and for developing new business to grow revenue across all Aon services

**Responsibilities**:

- Assist in developing placement strategies in conjunction with senior brokers within the team
- Assist in the broking, negotiation and placement of risks to the insurance market
- Initiate technical reviews of renewal or new placement plans including negotiations with underwriters
- Actively engage with markets on a day to day basis and maintain key market relationships
- Participate in new business development initiatives and prospect presentations
- As required, run a placement account independently and be accountable for budget performance on the account
- Draft broking slip, insurance contracts, endorsements and other relevant broking documents
- Prepare underwriting submissions for broking risks to the underwriters
- Assist the team in promoting best practices, untilising standardised templates for various documents, archiving of broking
files, supporting the peer review process, highlighting and contributing to the resolution of compliance issues
- Responsibility to ensure that all broking / placement activity is in compliance with MAS regulations and Aon Company Policy and Guidelines.
**Requirements**:

- Goal-oriented and collaborative amongst the team ensuring open communication; focus on common purpose and active personal participation.
- Excellent communication skills; oral/written English proficiency
- Competent in Word, Excel
- Preferably 3 to 5 years of Insurance and/or Reinsurance market experience
**How to Apply**

**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.

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