Director - Portfolio Solutions

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.

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

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.

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.

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.