For Recruiters

Vice President

Aon
Malaysia, George Town
Posted about 8 hours ago Permanent Competitive
Vice President
We're hiring!

Aon is currently recruiting a Vice President, Broking to join our team in Penang, Malaysia .

About Aon
Aon Plc 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.

At Aon, you'll be part of a team which will support and inspire you and provide the opportunities and resources to develop your skills. It's an environment which encourages you to achieve your best - together we'll empower results.

Responsibilities:

Responsible for the achievement of the department's financial goals, revenue growth targets, operational excellence, client retention and coaching and upscaling the skill of the team members.
  1. Implement and cascade all best practices that are rolled out to ensure compliances by the team, whether it's the company's internal policies and procedures or the local insurance regulatory requirements at all times
  2. Ensure that all Operational Excellence requirements of the company are properly communicated and practised by the team members
  3. Accountable in procuring and securing new businesses through own initiatives and market planning, be it cold leads or warm leads or through cross selling or upselling from existing portfolio of clients with proper review, planning, identification and strategizing the growth & penetration opportunities ie having an effective sales and business plan focusing on revenue growth
  4. Provide regular update to superior on targeted prospects and activities undertaken in securing and winning the account
  5. Develop and inculcate Aon United team spirit and render assistance to others when approached or reach out to others for support when help is needed
  6. Ensure that the superior is kept informed of all pertinent issues or problems and proposed solutions to resolve issues or problems and to reach out for discussion when in doubt or where guidance is required
  7. Monitor, guide and counsel all team members and provide on the job training to upgrade their knowledge and skills
  8. Ensure optimum cover is provided to clients at best possible terms and conditions from markets
  9. Lead and monitor day to day operations and ensure client's insurance requirements and needs are handled efficiently and competently
  10. Delegate work to subordinates and supervise assigned tasks
  11. Ensure prompt preparation and submission of all required monthly reports/updates/responses that are scheduled or on ad-hoc basis
  12. Actively involved in non-routine and complex claims and where further resources are required, to reach out to superior or claims leader for assistance
  13. Responsible for client retention and organic growth
  14. Review client files regularly, analyze and identify scope of cover required and check adequacy of existing cover
  15. Ensure all documentation is appropriately filed and in accordance with the company's filing protocol
  16. Develop and prepare underwriting specifications, proposal, insurance summaries/slips and ensure that all quotations, insurance summaries and billings are correct and complete before releasing to insurer and clients/prospects
  17. Respond to non-routine and complex enquiries independently and to discuss with superior if in doubt
  18. Follow-up with insurers on policy documents, check policy to ensure it matches with the coverage confirmed to client, notify insurer of any discrepancies and follow-up on their amendment
  19. Make clients aware of the premium warranty due date and cash-before-cover regulations and closely follow-up with clients on premium collections
  20. Ensure that all required compulsory training for self and the team are fully completed within given deadlines
  21. To take on any new initiatives or additional responsibilities that may become necessary to support the company's growth agenda or operational excellence
  22. Establish and/or maintain strong partnership with markets to secure best available terms in insurance placements
  23. Effective communications with clients, markets and colleagues including with local authority or regulators
  24. Timely actions on all broking duties and not limited to preparation of reports, proposals, presentations, trouble shooting, collections, compliances, operational KPIs, issuance of broking slips, billings, checking of policies & etc
  25. Strong technical skills on all general classes of insurance
  26. Possesses strong interpersonal skills, proactiveness and Aon United team spirit
  27. Leading, coaching and guiding team members in the execution of their duties and responsibilities
  28. Any other tasks that may be assigned from time to time

Requirements
  • Degree in insurance or any relevant qualifications
  • With at least 10 years working experience in the broking/insurance industry
  • Able to use Microsoft Work, Excel & Power Point

How to Apply
Your opportunity to empower results could start right here. Make your mark and apply online today with a brief covering letter and your resume, sharing relevant achievements for this position.

We Offer You
A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

Our Colleague Experience
Every day, our colleagues make a difference, work with the best, own their potential, and value one another. Together, we share this one purpose: to empower economic and human possibility around the world. This unifying goal is at the heart of our identity, and it lives in everything we do. To learn more about our colleague experience, visit Aon Colleague Experience.

Aon is an equal opportunities employer. We are committed to creating a winning and inclusive culture where everyone feels valued and has opportunities for growth and development.
2493890
Job ID  47103
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