Early Careers: Contract Writing Analyst
Aon is looking for a Reinsurance Contract Writing Analyst!
Locations: Bloomington, MN and Chicago, IL
Aon Reinsurance brings together a dedicated team of strategic advisors to consistently deliver integrated and innovative solutions for our largest, and generally most sophisticated, global clients.
As part of Aon’s Reinsurance team, you will be responsible for preparing, reviewing and finalizing formal documentation memorializing terms and conditions applicable to treaty reinsurance arrangements. You will be challenged to learn and remain well-informed of industry terms and jargon, as well as trends and regulations to remain competitive.
This role falls under Aon’s early career development program, known as Launch. Building on the development colleagues receive in the role they are hired into; the Launch program is a supplemental development program for recent college recruits.
Your impact as a Contract Writing Analyst
- Draft reinsurance contracts, attending documentation, and related correspondence
- Assist brokers, clients, and markets in addressing issues related to contract wording
- Draft, revise and endorse London Slips and submit for review and approval
- Draft and update Reinsurance Intermediary Agreements
- Review expiring wording and new contract documents for completeness, accuracy, and consistency
- Participate in marketing presentations to prospective and existing clients
- Coordinate with broker colleagues to review reinsurance terms
- Contribute to maintenance of library of clauses
- Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts
- Ensure that general processing and quality of assigned accounts aligns with team guidelines
You Bring Knowledge and Expertise
Suggested Experience:
- Corporate/business/ legal/paralegal experience in contracts preferred and knowledge from insurance/reinsurance industry a definite plus
- Demonstrated advanced competence in all facets of reading, writing and communication
- Strategic and analytical thinker with basic math proficiency and proven problem solving ability
- Strong attention to detail
- Willingness and curiosity to learn proprietary systems and applications
- Nominal travel may be required
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 looking 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 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.
Unrestricted U.S. work authorization is required for U.S. office locations. We do not offer sponsorship for this position – CPT and OPT are restricted forms of work authorization.
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.
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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.
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