Coverage Specialist, Asia (Singapore Based)

About the Role

Aon, a premier global professional services firm specializing in risk, retirement, and health solutions, invites applications for the position of Coverage Specialist within its growing Technical Excellence team in Asia. Embedded in the Commercial Risk Solutions (CRS) division, this role focuses on providing expert guidance regarding insurance policy language and coverage matters across the Asian region. It primarily targets property and casualty lines, covering areas such as commercial property, industrial special risks, business interruption, and various liability insurances.

Key Responsibilities

• Handle diverse assignments ranging from urgent inquiries to comprehensive projects involving drafting, reviewing, and analyzing insurance policy documents, endorsements, and enhancements.
• Elevate Aon's reputation through expertise and insights that foster superior client outcomes and innovative insurance solutions.
• Participate in the creation and refinement of market-leading insurance terms, standard slips, and new product offerings.
• Engage directly with brokers, carriers, and clients to provide authoritative advice on specific coverage issues and technical concerns.
• Collaborate with growth and account management teams to address coverage and product queries, aiding new business generation and strengthening client partnerships.
• Generate thought leadership materials regarding policy wordings, risk factors, and market dynamics, translating complex technical knowledge into actionable business guidance.
• Investigate emerging coverage topics and develop associated guidance documents, tools, and technical resources.
• Design and conduct insurance training sessions targeted at brokers and various stakeholders.

Candidate Profile

• Possess a commercial perspective with a thorough understanding of how insurance products deliver value to clients.
• Demonstrate proven experience in insurance policy wording and related activities, collaborating effectively within teams.
• Exhibit initiative and accountability for assigned tasks while maintaining high-quality results in cooperative settings.
• Show capability in drafting policies and contracts, adjusting existing language, and helping pioneer new insurance solutions.
• Maintain excellent organizational abilities to juggle multiple tasks and manage a continuous workflow efficiently.
• Comfortably facilitate complex technical dialogues with both internal teams and external parties.
• Have meticulous attention to detail coupled with an awareness of broader commercial and client implications.
• Approach challenges with curiosity and problem-solving drive, upholding consistently high standards.
• Adapt readily to various policy documents and offer practical support to brokers that is accessible and user-friendly.
• Possess strong interpersonal skills and confidence in engaging with colleagues, clients, and carriers throughout the risk transfer process.
• Commit to continual professional growth and deepening proficiency in insurance technicalities.

Required Qualifications and Experience

• Hold a law degree or possess an equivalent relevant insurance qualification.
• Accumulate between 2 to 5 years of substantive post-qualification experience within private legal practice or in-house legal departments, emphasizing reinsurance and insurance contracts, policy language, endorsements, and associated documentation.
• Demonstrate robust technical knowledge of insurance, especially regarding property and casualty lines including multinational and international contracts.
• Have a nuanced understanding of the Asian, London/Lloyd’s, and international insurance markets and customary practices.
• Show genuine enthusiasm for insurance products and the clientele served by Aon Commercial Risk Solutions.
• Exhibit strong contract drafting capabilities, particularly in relation to policy language and coverage evaluation.
• Possess excellent command of written English with ability to produce clear, contemporary, and commercially appropriate drafts.