Financial Institutions Broker

1 week ago

London, Greater London, United Kingdom Aon Full time

Broker - Financial Institutions

Aon is seeking a skilled Broker to join our Financial Institutions team, which forms part of our Global Broking Centre. This role will suit an individual with FI experience, who is looking to step into a Broker level position and take on more responsibility.

This role involves coordinating and contributing to the marketing and negotiation of Financial Institutions business within the Lloyd's and Company Markets on a day-to-day basis in accordance with Marketing Strategy.

This is a Hybrid role that will involve some office and home-based working.

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 organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

Key Responsibilities

  • Review Submission
  • Lead quote broking / Follow market broking
  • Present terms to client / network
  • Firm Order broking (PPL / email)
  • Record broking activity in market sheets
  • Review draft / final MRC
  • Send Cover confirmation to client/network
  • Provide benchmarking and placement advice to clients
  • Client meetings
  • Respond to A/C queries
  • Establish and manage pipeline
  • Working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of required training) that may adversely affect the business, interests or reputation of any Group Company.

Requirements

  • Minimum of 3 years' experience gained within the insurance industry at either a Broker or Insurer
  • Minimum of 18m technical Insurance knowledge across Financial Lines
  • Sound understanding of London insurance market dynamics and core processes
  • Ability to use insurance industry IT systems to efficiently deliver client service
  • Experience of managing effective client relationships.
  • Effective communication and presentation skills
  • Good understanding of compliance and FCA regulation
  • Ability to work well independently, as well as part of a team

What We Offer

This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday. We also offer tremendous potential with a growing worldwide organisation.

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

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