Thursday, 30 June 2016

Aon South Africa Graduate Opportunities 2016

Aon South Africa has exciting entry level positions for Graduates within their Broking & Finance business units in Sandton, Gauteng. Aon is a leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services.

Broking Purpose: Provide support to the Brokers in reinsurance technical accounting and related administration functions through understanding and analysing terms and conditions, processing and reconciling all accounts
Finance Purpose: The successful incumbent will be responsible for assisting in producing and/ or providing quality checks in respect of documentation and transactional activities required supporting the placement of business.
Broking Responsibilities
  • Capturing of reinsurance monies received on system
  • Paying of reinsurance premiums and claims on a daily basis and distribution of these details of payment.
  • Bank reconciliations on a daily basis.
  • Foreign exchange dealer.
  • Month End processing.
  • General administration relating to reinsurance technical accounting duties according to SLA’s with clients and Aon Benfield.
  • Loading of accurate information on GRiDS system.
  • Following up on payments with Reinsurers.
  • Preparing profit commission and slides for clients.
  • Processing on surplus and quota shares accounts.
  • Calculation of reserves.
  • Tracking outstanding claims.
  • Preparation and tracking of cash calls.
  • Adherence to processes and procedures at all time
Finance Responsibilities
  • Doing amendments on contract wordings, issue endorsements, send cover slips to Reinsurers and issue cover notes to Clients.
  • Preparing and updating financial analysis reports.
  • Processing clients’ contracts and documentation on GRiDS system.
  • Liaising with internal teams to follow up on invoicing, premium payments, allocation of cash, analysis of client portfolios etc.
  • Getting involved in claims when necessary.
  • Submitting contract documentation to clients and making necessary follow ups on Appropriate record keeping.
  • Assisting in tender processes for potential new clients
  • Producing final reinsurance documentation to confirm coverage to clients.
  • Drafting renewal proposals.
  • Reviewing and checking reinsurance documentation to ensure that it satisfies client requirements and other standards (e.g. regulatory).
Requirements
  • BCom Risk & Insurance
  • BCom Accounting Or BCom Finance
  • Be articulate and have good communication skills, both written and verbal, in order to commit to excellent client service.
  • Have advanced MS Office experience, especially MS Excel.
  • Have a high work ethic and have the ability to work under pressure.
  • Be analytical and demonstrate problem solving abilities.
  • Pay attention to detail.
  • Be proactive and take own initiative.
  • Be a team player.
How to apply
Applications close on 04 July 2016

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