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AON MARLIN Delegated Underwriting Authority (DUA) Client Advocate in London, United Kingdom

MARLIN Delegated Underwriting Authority (DUA) Client Advocate

Marlin is our internal brand for our growing proprietary client facility solutions business. This role will work closely with the Marlin placement team to manage the day-to-day technical production and execution of our Delegated Authority Agreements. You will be responsible for all aspects of the facilities from slip production, governance, regulatory requirements, Lloyd’s Coverholder standards, reportig and engagement with our internal MGA client and market peers.

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

  • DUA Wordings:

  • Draft the delegated underwriting agreements (Lloyd’s & company markets) and lineslips.

  • Undertake all wording conversations with markets, supported by LOB specialists.

  • Keep up to date with Lloyd’s releases and/or any wording updates.

  • DCOM - Lloyd’s binders’ platform à process contracts in system

  • X-Changing à support the local team on getting the contracts approved and properly processed in the bureau.

  • Coverholders’ Due Diligence and Coverholder entity and branch set up (as maybe required):

  • Lloyd’s annual compliance declaration

  • ATLAS: maintain to date supporting documents, i.e. PI policy, Business Continuity Plan, Disaster Recovery Plan, etc.

  • Attend markets requirements to operate with the MGA

  • Regulators Requirements: verify where Coverholder is domiciliated but also in the territories where it operates.

  • Licensing/Registration:

  • Verify the markets licensing across different territories (Crystal for Lloyd’s)

  • Support on clients’ acceptance (TWIMC letters, provide financials, rating, etc. from our markets).

  • Audit Coordination required either by markets or Aon internal ones.

  • Liaising with Premium advocates to ensure all premiums are paid on time and organising chasing where appropriate.

  • Liaising with Claims advocates to ensure all claims are paid promptly.

  • Preparation of Statistics, KPIs and reports

  • Providing advice to clients and colleagues on the scope of coverage and assist them with the interpretation of clauses for use in the DUA agreements.

  • Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company..

    Skills and experience that will lead to success

  • Experience in (re)insurance market in a similar role with technical Delegated Authority experience

  • Have an excellent understanding of the (re)insurance market, or a Chartered member of CII

  • Strong experience in managing effective client relationships.

  • Great analytical and problem-solving skills

  • Excellent interpersonal skills, including communication and presentation skills.

  • Understanding of compliance and FCA regulation/Lloyd’s Standards

  • Demonstrate integrity and professionalism.

  • Ideally educated to degree standard or equivalent

  • Spanish speaking would be a plus but not a pre-requisite.

    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 ReasonableAccommodations@Aon.com

    #LI-JK1

    #LI-HYBRID

    2548266

    MARLIN Delegated Underwriting Authority (DUA) Client Advocate

    Marlin is our internal brand for our growing proprietary client facility solutions business. This role will work closely with the Marlin placement team to manage the day-to-day technical production and execution of our Delegated Authority Agreements. You will be responsible for all aspects of the facilities from slip production, governance, regulatory requirements, Lloyd’s Coverholder standards, reportig and engagement with our internal MGA client and market peers.

    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

  • DUA Wordings:

  • Draft the delegated underwriting agreements (Lloyd’s & company markets) and lineslips.

  • Undertake all wording conversations with markets, supported by LOB specialists.

  • Keep up to date with Lloyd’s releases and/or any wording updates.

  • DCOM - Lloyd’s binders’ platform à process contracts in system

  • X-Changing à support the local team on getting the contracts approved and properly processed in the bureau.

  • Coverholders’ Due Diligence and Coverholder entity and branch set up (as maybe required):

  • Lloyd’s annual compliance declaration

  • ATLAS: maintain to date supporting documents, i.e. PI policy, Business Continuity Plan, Disaster Recovery Plan, etc.

  • Attend markets requirements to operate with the MGA

  • Regulators Requirements: verify where Coverholder is domiciliated but also in the territories where it operates.

  • Licensing/Registration:

  • Verify the markets licensing across different territories (Crystal for Lloyd’s)

  • Support on clients’ acceptance (TWIMC letters, provide financials, rating, etc. from our markets).

  • Audit Coordination required either by markets or Aon internal ones.

  • Liaising with Premium advocates to ensure all premiums are paid on time and organising chasing where appropriate.

  • Liaising with Claims advocates to ensure all claims are paid promptly.

  • Preparation of Statistics, KPIs and reports

  • Providing advice to clients and colleagues on the scope of coverage and assist them with the interpretation of clauses for use in the DUA agreements.

  • Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company..

    Skills and experience that will lead to success

  • Experience in (re)insurance market in a similar role with technical Delegated Authority experience

  • Have an excellent understanding of the (re)insurance market, or a Chartered member of CII

  • Strong experience in managing effective client relationships.

  • Great analytical and problem-solving skills

  • Excellent interpersonal skills, including communication and presentation skills.

  • Understanding of compliance and FCA regulation/Lloyd’s Standards

  • Demonstrate integrity and professionalism.

  • Ideally educated to degree standard or equivalent

  • Spanish speaking would be a plus but not a pre-requisite.

    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 ReasonableAccommodations@Aon.com

    #LI-JK1

    #LI-HYBRID

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