Head of Wholesale MGA
Stroz Friedberg
Head of Wholesale MGA, Aon Underwriting Managers (AUM) We are looking for an expert business leader for an established MGA with significant growth potential. The Wholesale MGA business remit is to design and complete a strategy to provide product and distribution solutions for Aon’s clients using Aon’s wholesale distribution channels, principally through London’s Global Broking Centre. The successful candidate will be someone with a growth mindset, experience in crafting and delivering sustainably profitable portfolios to carrier and capital partners and has a strong digital ambition for the market place. As a member of the AUM Exec team the role includes responsibilities in support of the wider AUM business in delivering market winning client value and a great colleague experience. 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. About AUM AUM is a well-established, vibrant and successful in-house MGA business with a focus on underwriting a broad range of fully delegated, tracker and follow-form facilities for Aon commercial clients worldwide. AUM’s primary distribution channels are Aon’s wholesale and global retail broking networks with options to use third party networks and white-label branding where appropriate to do so. Operating within the UK regulated environment, AUM partners with Lloyd’s and Company Market capital providers with the aim of underwriting sustainably profitable portfolios for carrier partners whilst delivering best in class solutions for clients and brokers. What the day will look like As a member of the AUM Executive Leadership team there are responsibilities across the business to ensure the best outcomes for our stakeholders. Carrier management, broker engagement, product design, business case review, supporting colleague development; this is a senior management role with broad influence. The commercial focus of the role is as the leader for Wholesale MGA business which benefits from some established products already and with phenomenal growth potential to respond to client requirements and technological change. Key stakeholders will be Aon’s Global Broking Centre leaders, Lloyds and Company markets in London and an understanding of how the US and EMEA market operates. The role will be supported by a leadership team, and underwriting, claims, exposure management and actuarial capabilities. An important part of the role will be to help set and drive forward our digital underwriting capability to include the use of current and emerging technologies. Aon Client Leadership Helps set the growth strategy Manage the business and monitor existing portfolio performance, identify emerging risks, and recommend necessary adjustments. Collaborates with Global Broking Centre and Global Commercial Risk leaders to develop existing delegated facilities and new facilities A key partner in driving through our digital and algorithmic underwriting ambition Collaborates with internal teams and third-party partners (e.g.,carriers) to ensure the best product solutions People Leadership Role model’s teamwork, collaboration, integrity and respect to deliver the best of our firm to our clients. An inclusive and experienced commercial leader with an emphasis on providing an outstanding colleague experience Retain, develop, and attract versatile individuals in line with business plans, Develops and supports team members in the achievement of their objectives through coaching and mentoring Fosters an environment in which all employees are valued and heard. Governance and Compliance Leads by example by ensuring own activity aligns with regulatory requirements and business procedures Be responsible for the underwriting process for the business and that they are effectively conducted in line with carrier partner expectations, relevant legal and regulatory requirements and Aon policies, values and behaviours Encourages colleagues to be actively involved in addressing governance and compliance development areas Skills and experience that will lead to success Market experience, in short or long tail business, with underwriting experience preferred Multi line portfolio management experience In-depth knowledge of Lloyd's market dynamics, regulatory environment, and industry trends. Experience in exposure management and aggregate controls Experience in the operation of delegated authorities A change agent with a desire to modernise Strong social and communications skills to lead a complex stakeholder network Builds and leads inclusive and diverse teams Motivates and inspires others, creating an environment for continuous learning and connection Strong governance and regulatory skill 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. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com 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. #LI-SS2 #LI-HYBRID 2544411
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