Treaty Executive

2 days ago

Johannesburg, South Africa Aon Corporation Full time

Posting Description:
**Reinsurance Treaty Executive**:
Are you a seasoned Reinsurance professional with specialist experience and knowledge in Treaty? Read on

Aon Reinsurance Solutions is recruiting a Treaty Executive in our South Africa Treaty department, based on a hybrid basis from our Head Office in Sandton. The role of the Treaty Executive is to provide a holistic reinsurance service to insurance companies in order to protect their assets/balance sheets by providing reinsurance via appropriate reinsurance vehicles. This is achieved by understanding the client needs and negotiating the best possible programme structures and best possible prices and capacity for the client in global markets.

**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**:
Responsible for 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.

Act as the primary point of contact within the broking team for specific clients to provide specialist advice to the client and client team.

Analyse clients' reinsurance requirements, collect and analyse relevant information to identify risk transfer solutions.

Identify appropriate channels for risk placement based on clients' market security guidelines and other requirements.

Negotiate terms and conditions of placement with lead underwriters, obtain quotes, and handle underwriter queries and requests for information

Create, maintain and manage long-term business relationships with all stakeholders including underwriters to enhance service delivery, establish new opportunities for risk placement or facilitate the settlement and payment of claims.

Support the effective delivery of global service through network relationships, where appropriate.

Responsible for formulating a coherent client, market and remuneration strategy

Responsible for the review of market submissions and presentations for new business and as well as renewals to ensure that it effectively sell the client's risk to the market.

Work in partnership with all stakeholders and professionals and colleagues to ensure that client reinsurance needs and expectations are met.

Responsible for engaging in business development and contributing directly or indirectly to all business development efforts in Aon South Africa.

**How this opportunity is different**:
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. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility.

**Skills and experience that will lead to success**:
**Qualifications.**
- Grade 12 (matric).
- An appropriate NQF level 4 FAIS /short-term insurance qualification.
- Preferably a relevant bachelor’s degree in insurance and risk management.
- First level regulatory examination for representatives.
- RE5

**Knowledge.**
- Expert knowledge of the short term insurance and reinsurance industry with specific treaty reinsurance know-how.
- Financial competence.

**Skills and Attributes.**
- Well-developed analytical technical and problem-solving skills.
- Well-developed communication skills.
- Well-developed influencing and negotiation skills.
- Well-developed interpersonal skills.
- Proven ability to work with and in teams.
- Computer literacy with advanced experience in MS Word and Excel.

**Experience.**
- Have a minimum of 10 years’ experience in the broking/insurance/underwriting/treaty reinsurance environment.
- Minimum of 5 years of reinsurance experience

**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 au

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