Associate Director, Financial Services

2 weeks ago

Shenton Way, Singapore AON SINGAPORE (BROKING CENTRE) PTE. LTD. Full time

5 years exp

**Roles & Responsibilities**

**The Opportunity**
- Manage and/or provide support to a portfolio of Aon clients in the Financial Lines sector and all associated day-to-day account management including claims.
- Contributing to ongoing client satisfaction, retention and profitability.
- Providing advice to clients and colleagues on placement design, available coverage and capacity, likely pricing, potential coverage enhancements and market progress within scope of responsibility.
- Undertaking placement activities such as:

- Produce market quotations;
- Negotiating terms and conditions of placement with lead underwriters, obtaining quotes, and handling underwriter queries (and requests) for information;
- Ensuring complete placement by negotiating with underwriters, handling underwriter queries and requests for information.
- Client and placement documentation / file administration.
- Working in partnership with the local Aon country brokers as well as Cedants to ensure their needs and expectations are met.
- To collaborate with other teams on joint opportunities.
- Understanding market trends
- Compliance with Continuing Professional Development requirements from MAS and other mandatory training and compliance of Aon.

**Responsibilities**:

- Developing broker strategies
- Executing technical renewal or new placement plans including negotiations with Underwriters
- Drafting broking slip, insurance contracts, endorsement and other relevant broking documents
- Preparing market materials (broker submissions) for broking risks to the Underwriters
- Building and maintaining relationships with underwriters
- Developing and maintaining technical knowledge and experience in the Financial Lines field of expertise
- Working within the team to promote best practices

**Requirements**:

- Relevant experience either in wholesale or retail markets of between 5-8 years
- Excellent communication and presentation skills with external markets and internally with our network offices in the region
- Meticulous, hardworking, ambitious and great interpersonal skills
- Ability to develop and maintain business relationships
- Demonstrates knowledge of the Insurance industry within the APAC region
- Team Player
- Degree with ACII / AAII qualification or equivalent (but not essential)

Aon plc (NYSE:AON) 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.

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