Senior Drafter
AON
Aon is looking for a Senior Drafter for our Reinsurance Solutions team based out of Bloomington MN!
As part of Aon's Reinsurance Solutions team, you will be responsible for preparing, reviewing and finalizing formal documentation memorializing the terms and conditions for treaty reinsurance agreements. You will be challenged to learn and remain well informed of industry terms and regulations. You will also help track industry trends and review wordings in order to better advocate for our clients.
Recently voted one of the Best Employer for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, reinsurance, health and wealth solutions to our clients. 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.
Aon is in the business of better decisions. 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.
Job responsibilities
+ Draft and revise reinsurance contracts, attending documentation, and related correspondence
+ Assist brokers, clients, and reinsurance markets in resolving queries related to contract wording
+ Assess reinsurance contract documents for completeness, accuracy and consistency to ensure that general processing and quality of assigned accounts complies with team guidelines
+ Contribute to maintenance of library of standard clauses
+ Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts
+ Participate in marketing presentations to prospective and existing clients
+ Proof simple peer revisions to contract documentation
+ Perform other related duties as assigned
Skills/competencies:
+ Some contract administration, professional writing, legal and/or insurance/reinsurance industry experience preferred
+ Competence in all facets of reading, writing and communicating in English, including advanced reading comprehension and excellent written communication
+ Strategic and analytical thinker, including basic math proficiency and proven problem solving
+ Capable of organizing and effectively managing deadlines
+ Detail oriented
+ Proficient with MS Office and demonstrated implementation of other proprietary systems/applications
+ Nominal travel may be required
Education
+ Bachelor's degree (BA/BS) required - prefer degrees in English, Accounting, Business, Risk Management, Insurance or Technical Writing, but open to all majors
+ Advanced degree or industry-related professional designation desired, but not required
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 recognize 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
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Pay Transparency Laws:
The salary range for this position is $67,900 to $90,500 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted to reflect applicant’s geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
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Aon is looking for a Senior Drafter for our Reinsurance Solutions team based out of Bloomington MN!
As part of Aon's Reinsurance Solutions team, you will be responsible for preparing, reviewing and finalizing formal documentation memorializing the terms and conditions for treaty reinsurance agreements. You will be challenged to learn and remain well informed of industry terms and regulations. You will also help track industry trends and review wordings in order to better advocate for our clients.
Recently voted one of the Best Employer for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, reinsurance, health and wealth solutions to our clients. 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.
Aon is in the business of better decisions. 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.
Job responsibilities
+ Draft and revise reinsurance contracts, attending documentation, and related correspondence
+ Assist brokers, clients, and reinsurance markets in resolving queries related to contract wording
+ Assess reinsurance contract documents for completeness, accuracy and consistency to ensure that general processing and quality of assigned accounts complies with team guidelines
+ Contribute to maintenance of library of standard clauses
+ Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts
+ Participate in marketing presentations to prospective and existing clients
+ Proof simple peer revisions to contract documentation
+ Perform other related duties as assigned
Skills/competencies:
+ Some contract administration, professional writing, legal and/or insurance/reinsurance industry experience preferred
+ Competence in all facets of reading, writing and communicating in English, including advanced reading comprehension and excellent written communication
+ Strategic and analytical thinker, including basic math proficiency and proven problem solving
+ Capable of organizing and effectively managing deadlines
+ Detail oriented
+ Proficient with MS Office and demonstrated implementation of other proprietary systems/applications
+ Nominal travel may be required
Education
+ Bachelor's degree (BA/BS) required - prefer degrees in English, Accounting, Business, Risk Management, Insurance or Technical Writing, but open to all majors
+ Advanced degree or industry-related professional designation desired, but not required
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 recognize 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
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Pay Transparency Laws:
The salary range for this position is $67,900 to $90,500 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted to reflect applicant’s geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
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