Early Careers: Reinsurance Client Advocate
Aon is looking for a Client Advocate!
Locations: Chicago, IL and Bloomington, MN
As part of an industry-leading team, you will work closely with various teams to provide exceptional customer experience and be a part of the best-in-class client services team in the reinsurance industry. We are looking for a candidate who is excited to support our clients as their dedicated advocate. Our experienced team will also help you build and implement your individual career development plan with dedicated mentors that will assist you along the way.
This role falls under Aon’s early career development program, known as Launch. The Launch program is a supplemental opportunity for recent college recruits to accelerate their personal and career development at Aon.
Position Responsibilities - Claims Track
- Assist clients in the notification and explanation to reinsurers of claims
- Be responsible for managing premium in excess of $1m on behalf of your dedicated clients
- Handle the reinsurance assets of our valued clients, including Fortune 500 companies
- Collaborate with the sales team to provide a world-class customer experience
- Assist with sophisticated coverage issues and resolve differences by providing contract interpretation and claim information
- Help reinsurers understand claims and claim issues across many lines of business
- Learn claims and reinsurance accounting
- Prepare presentations
- Organize and manage critical claims meetings
- Attend industry conferences
- Assist Clients (and client’s insureds) with large catastrophe events
Position Responsibilities - Accounting Track
- Connect with clients, accounting team, sales team, and other operating units to resolve issues, answer questions, and provide assistance
- Act as a liaison between the client and Aon regarding accounting issues
- Verify contract terms and accounting structure
- Finalize contracts, schedule revenue, and transmit applicable premium documents
- Request deposit premium and term adjustments from ceding companies
- Request and monitor ceding company cash as well as receipt of premium and proportional reports for revenue to be recognized
- Prepare/review sliding scale commissions, profit commissions, and retrospective premium adjustments
- Collect reinsurer and London bureau open balances to ensure payment to the ceding company
- Review funds available report each day and assist cash team as needed to disburse ceding company funds
- Review accounting journals, track currency conversion rates, research and reconcile accounting information, and help clients follow state insurance regulations
- Review internal statistical data
What are we looking for?
Collaborators, Critical Thinkers, Problem Solvers, Team Players, Effective Communicators, Relationship Builders and Future Leaders.
We strive to recruit a diverse group of hardworking individuals who offer varying experiences, backgrounds and strengths to ensure we can continue to offer the most innovative solutions to our clients. Additionally, we are searching for the following suggested experience:
- Distinguished communication skills, both orally and in writing
- Strong interpersonal skills, ability to work optimally in a team environment both virtually and in person, and ability to work under tight deadlines
- Strong research, analytical and critical thinking skills
- Strong digital literacy, including Microsoft Office Suite; specifically, Excel, Word, PowerPoint, e-mail and internet tools
Education and Experience:
- Bachelor’s degree
Applicants for this role, which is part of the Launch program, must graduate between December 2021 – June 2022 and have a GPA of 3.0 or above.
The Launch Program was established to mentor and develop future business leaders. This program “launches” the Aon careers of our campus hires in various full-time positions across the company. The Launch training curriculum prepares participants for success as they build relationships and explore growth opportunities throughout the organization.
We Offer You:
A competitive total rewards package, continuing education & training, and tremendous potential with a growing, worldwide organization.
Our Colleague Experience:
From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. Our people are at the heart of our firm. Our passion for clients is what brings out the best in us. Across Aon, we create a culture of opportunity for our colleagues and of success for our clients.
Our Colleague Experience makes that clear: Aon colleagues are more relevant, more connected, and more valued in ways that enable them to achieve their full professional potential.
About Aon:
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.
Follow Aon on Twitter and LinkedIn. Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here.
By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.
Aon provides equal employment opportunities (EEO) 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, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.
Disclaimer:
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.