Camana Bay, CYM
6 days ago
Account Manager - Trainee (Brokerage)
Account Manager (Insurance) Traineeship, Cayman Islands Are you thinking about a career in insurance broking? Aon is a leading global professional services firm providing a broad range of risk, retirement, and health solutions. Aon Risk Solutions (Cayman) Ltd. (“Aon Cayman”), a division of Aon’s Global Risk Consulting practice, specializes in providing insurance broking, alternative risk transfer, risk finance & management services to captive insurance and reinsurance companies from the Cayman Islands. As a Trainee Account Manager, you will receive hands-on, progressive professional work experience as well as educational and financial incentives to support you in pursuing a professional insurance designation (ACII or CPCU). This is a 2-year program where you will gain on-the-job experience to empower you to develop the technical knowledge and skills needed to become a successful Account Manager within an insurance broking team. This is a full-time position that will transform you into one of our stars of the future through early responsibility and a focus on your professional development. 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 + Provide administrative support to the Aon Risk Solutions (Cayman) Ltd. team. + Maintain electronic client records, archiving and storing records in accordance with business procedures. + Assist in entering new and renewal policies, invoicing, and attaching relevant documents into system including client and insurer correspondence. + Assist in preparing and distributing client insurance policy documentation. + Process incoming mail, cheques and assisting in collecting, processing, and receipting insurance premium payments on systems. + Assist the team in processing and monitoring accounts receivables. + Assist the team in performing policy changes, underwriting, market reviews, renewal process and renewal strategies. + Assist in preparing and reviewing insurance quotations. + Process due diligence checks on systems, obtain AML on new clients, and ensure compliance requirements are maintained. + Assist with preparing and collecting information for periodic audits. + Ad-hoc projects and duties as assigned. + Work towards building own portfolio of clients upon completion of FIT/ IF1 or equivalent General Insurance exam. + You will be required to diligently pursue the ACII/CPCU designation to support the technical level of competence and qualification required to progress to a qualified Account Manager/Broker. Skills and experience that will lead to success + An associate degree in business administration, finance, or insurance is preferable. + Previous administrative experience, preferably in the insurance or financial services industries is required. + Ability to multi-task a variety of assignments. + Ability to compute mathematical equations with accuracy. + Familiarity with the Microsoft suite of products especially MS Word and Excel. + Keen to learn about underwriting practices and procedures and insurance products. + FIT/ IF1 (or equivalent) exam to be completed within 6 months of joining if not already attained. 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 The program is ideally suited to recent university graduates who have undertaken studies in business, finance, insurance, or risk at a bachelor’s level. Candidates should possess relevant work/internship experience, strong critical thinking, problem solving and communication skills, involvement in extracurricular activities and the ability to work in a fast-paced environment. A minimum overall GPA of 3.0 is strongly preferred. Applications are invited from suitably qualified Caymanians. #LI-KG1 #LI-KG1 2550817 Account Manager (Insurance) Traineeship, Cayman Islands Are you thinking about a career in insurance broking? Aon is a leading global professional services firm providing a broad range of risk, retirement, and health solutions. Aon Risk Solutions (Cayman) Ltd. (“Aon Cayman”), a division of Aon’s Global Risk Consulting practice, specializes in providing insurance broking, alternative risk transfer, risk finance & management services to captive insurance and reinsurance companies from the Cayman Islands. As a Trainee Account Manager, you will receive hands-on, progressive professional work experience as well as educational and financial incentives to support you in pursuing a professional insurance designation (ACII or CPCU). This is a 2-year program where you will gain on-the-job experience to empower you to develop the technical knowledge and skills needed to become a successful Account Manager within an insurance broking team. This is a full-time position that will transform you into one of our stars of the future through early responsibility and a focus on your professional development. 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 + Provide administrative support to the Aon Risk Solutions (Cayman) Ltd. team. + Maintain electronic client records, archiving and storing records in accordance with business procedures. + Assist in entering new and renewal policies, invoicing, and attaching relevant documents into system including client and insurer correspondence. + Assist in preparing and distributing client insurance policy documentation. + Process incoming mail, cheques and assisting in collecting, processing, and receipting insurance premium payments on systems. + Assist the team in processing and monitoring accounts receivables. + Assist the team in performing policy changes, underwriting, market reviews, renewal process and renewal strategies. + Assist in preparing and reviewing insurance quotations. + Process due diligence checks on systems, obtain AML on new clients, and ensure compliance requirements are maintained. + Assist with preparing and collecting information for periodic audits. + Ad-hoc projects and duties as assigned. + Work towards building own portfolio of clients upon completion of FIT/ IF1 or equivalent General Insurance exam. + You will be required to diligently pursue the ACII/CPCU designation to support the technical level of competence and qualification required to progress to a qualified Account Manager/Broker. Skills and experience that will lead to success + An associate degree in business administration, finance, or insurance is preferable. + Previous administrative experience, preferably in the insurance or financial services industries is required. + Ability to multi-task a variety of assignments. + Ability to compute mathematical equations with accuracy. + Familiarity with the Microsoft suite of products especially MS Word and Excel. + Keen to learn about underwriting practices and procedures and insurance products. + FIT/ IF1 (or equivalent) exam to be completed within 6 months of joining if not already attained. 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 The program is ideally suited to recent university graduates who have undertaken studies in business, finance, insurance, or risk at a bachelor’s level. Candidates should possess relevant work/internship experience, strong critical thinking, problem solving and communication skills, involvement in extracurricular activities and the ability to work in a fast-paced environment. A minimum overall GPA of 3.0 is strongly preferred. Applications are invited from suitably qualified Caymanians. #LI-KG1 #LI-KG1
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