Broker - North American Property

Aon Hewitt; Greater London; On-site; GBP 50,000 - GBP 70,000; Full time

Job summary

A global brokerage firm is seeking a Middle Market Broker to join its North American Property team in London. This role involves coordinating marketing and negotiation in the Lloyd’s and Company Markets. Key responsibilities include presenting terms to clients and providing placement advice. Candidates should possess strong analytical skills, an understanding of insurance market dynamics, and effective communication abilities. The firm promotes an inclusive work environment and offers a comprehensive benefits package.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Flexible working style solutions

Qualifications

• Experience in the insurance industry, preferably in the London market.
• Good problem-solving and interpersonal skills are essential.
• Understanding of compliance and FCA regulations is needed.

Responsibilities

• Co-ordinate and contribute to the marketing and negotiation of business.
• Present terms to clients and manage the pipeline effectively.
• Provide benchmarking and placement advice to clients.

Skills

Ability to interpret and use data effectively

Strong analytical expertise

Sound understanding of London insurance market dynamics

Technical insurance knowledge across Global Property markets

Experience of managing effective client relationships

Effective communication and presentation skills

Job description

Overview

Are you ready for a new challenge?

We’re hiring!

Aon is currently recruiting a Middle Market Broker to join our North American Property team within our Global Broking Centre.

The role will involve co-ordinating and contributing to the marketing and negotiation of business within the Lloyd’s and Company Markets on a day-to-day basis, in accordance with Marketing Strategy.

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 team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

As a Broker some of your key responsibilities will involve:

• Review Submission
• Lead quote broking / Follow market broking
• Present terms to client / network
• Firm Order broking (Ebix / wet stamps / 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 mandatory training) that may adversely affect the business, interests or reputation of any Group Company.

How this opportunity is different

The Global Broking Centre in London is an integral part of Aon’s global broking strategy. The GBC provides colleagues from across the Aon network and NFP with access to specialist brokers and client managers, dedicated client solutions and thought leadership, and significant global insurance capacity.

The GBC works with network colleagues to deliver market-leading solutions to Aon clients, creating a competitive advantage in our placement strategies worldwide.

The team serves a portfolio of clients emanating from North America in the Middle Market arena. This is an exciting opportunity to join a fast-paced working environment, with access to Lloyds, the London market, European markets and other Aon facilities to deliver the US Property requirements of Aon’s clients.

Skills and experience that will lead to success

• Ability to interpret and use data effectively
• Strong analytical expertise
• Sound understanding of London insurance market dynamics and core processes, ideally with regional exposure to/experience across US/Caribbean
• Technical insurance knowledge across Global Property markets
• Ability to use insurance industry IT systems to efficiently deliver client service
• Experience of managing effective client relationships
• Good problem-solving skills
• Good interpersonal skills
• Good level of numeracy
• Effective communication and presentation skills
• Good understanding of compliance and FCA regulation

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.

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.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing [e-mail] or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.