Portfolio Director - Education and Faith at Aon Corporation

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

04 May, 26

Salary

0.0

Posted On

03 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Market Dynamics, Product Advocacy, Competitive Analysis, Claims Analysis, New Business Quotes, Product Offerings, SWOT Analysis, Stakeholder Engagement, Regulatory Compliance, Policy Development, Data Analytics, Operational Collaboration, Contractual Certainty, Risk Management, Product Refresh, Endorsement Updates

Industry

Financial Services

Description

Portfolio Director – Education and Faith The Aon Australia Commercial Risk Product and Platforms team manages the strategic direction and tactical priorities of platform and product developments. Operating alongside the placement and technology teams they are responsible for driving and accomplishing Aon Australia’s Go To Market Strategy. You will be expected to bring an engaged and independent work ethic; combined with a business-minded, pragmatic, and can-do attitude. This is a hybrid role with the flexibility to work both virtually and from our Aon Sydney office. 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 As the Portfolio Director – Education and Faith portfolios, you will provide insights on portfolio performance and adherence to GTMS. As part of this you will have both an internal and external focus as you understand the client, brokers and carrier needs and issues. You will be expected to engage in a way that drives change through influence rather than via hierarchy. Your key responsibilities will include: Understand market dynamics (with respect to product) and their impact on Aon’s revenue, identifying opportunities to enhance GTMS. Advocate, educate, and promote Aon products as part of the EduPac and Faith GTMS, ensuring improved E&O and contractual certainty for clients. Analyse competitive remuneration structures (e.g. commission rates) and product/platform positioning including premium adequacy on an induvial client and portfolio basis. Obtain, retain and analyze detailed claims' information for portfolio clients to identify trends and opportunities that can be effectively communicated to relevant stakeholders Accountable for obtaining New Business quotes from carriers ensuring they are timely, competitive and sustainable. Accountable for internal Service Requests being addressed in an accurate, complete and timely manner. Assess and refine product offerings across different channels and their revenue implications. Conduct SWOT analysis of Aon’s product offerings versus major external competitors, defining strategic positioning. Engage with segments and stakeholders to gather insights on product competitiveness, identify leakage points, and develop solutions. Triage insurer-imposed derogations and manage carriers around product integrity Conduct quarterly meetings with carriers (in the GTMS) to assess performance, quote-to-bind ratios, and market appetite, gathering insights for continuous improvement. Provide feedback to platform and technical teams to ensure product and platform development aligns with market needs. Lead half yearly product forums with key stakeholders to review regulatory updates, competitive landscapes, claims trends, economic factors, and market conditions. Review and maintain the carrier panel within GTMS, ensuring product offerings and pricing remain competitive Maintain oversight of all products in the EduPac and Faith portfolios, commissions, and market alignment to ensure customer value and competitiveness. Ensure timely review of insurer provided PDS and TMD within 14 days. Collaborate with insurers and compliance teams to address regulatory requirements, including UCT regulations, PDS requirements, and Target Market Determinations (TMDs). Lead the development (and refresh) of new and existing policy wordings and conduct cost-benefit analysis to support prioritisation Project manage endorsement updates to the technical library to incorporate feedback and input from product owners, technical and placement to ensure colleagues and clients receive up to date derogation commentary Lead policy wording refresh initiatives, coordinating with key stakeholders to manage downstream changes effectively. Approve risk code requests to ensure justification and compliance and improve data and analytics to support new product opportunities Coordinate and connect with internal and external stakeholders (colleagues, clients, and carriers) Collaborate with platforms, technical teams, and placement teams to break down operational silos. Audit carriers for adherence to wording and reduction of derogations, improving contractual certainty for clients. 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-RC2 #LI-Hybrid 2574329

Responsibilities

The Portfolio Director will provide insights on portfolio performance and advocate for Aon products, ensuring adherence to the Go To Market Strategy. Responsibilities include analyzing market dynamics, engaging with stakeholders, and managing product offerings.