Risk Placement Specialist

1 month ago


London, Greater London, United Kingdom Aon Hewitt Full time

Aon is seeking a skilled Risk Placement Specialist to join our EMEA Facultative Property team in London.

This role will work closely with Account Executives and senior team members to execute reinsurance transactions and manage client and market specific placement projects throughout the engagement lifecycle.

You will be responsible for broking and placing risks into the Lloyd's and Company markets, including wholesale risks from across the EMEA region.

Key Responsibilities:

  • Negotiate terms and conditions of placement with the market
  • Ensure timely slip production and review of material before taking it to market
  • Manage client expectations by communicating market dynamics and anticipated outcomes prior to placement milestones
  • Sourcing and developing new revenue opportunities in conjunction with AE's and client teams
  • Support in developing and delivering market presentations and broking strategies
  • Identify suitable channels for risk placement based on clients' market security guidelines and other requirements
  • Provide advice to clients and colleagues on placement design, available coverage and capacity, likely pricing, potential coverage enhancements, and market progress

Requirements:

  • Reinsurance broking or underwriting experience, including project and account management
  • Experience within the London Market
  • High-level English language skills, with German language proficiency preferred
  • Developed negotiation skills
  • Effective communication skills and ability to manage relationships internally and externally
  • Consideration of the underwriter's perspective to adapt approach
  • Investment in Research & Development to find new products/solutions to meet clients' needs
  • Proficiency in Microsoft Office products such as Word, Excel, and PowerPoint

Salary: £60,000 - £80,000 per annum, dependent on experience



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