Broker II – Reinsurance

Aon Corporation; Toronto; On-site; CAD 84,000; Full time

Job summary

A leading global reinsurance company is seeking a Broker II to manage existing client portfolios and drive new business development. This position requires strong client engagement and analytical skills, with a focus on achieving high client satisfaction. Ideal candidates will have relevant degree and experience in treaties and reinsurance. The role offers competitive compensation and benefits, emphasizing professional growth within a supportive environment.

Benefits

Discretionary bonuses

Medical and Dental coverage

Continuing education & training

Wellbeing days

Qualifications

• 15 months of treaty and reinsurance experience.
• Experience with pricing treaty structures and multi-year cost budgeting.
• Strong verbal and written communication abilities.

Responsibilities

• Manage a portfolio of existing clients effectively.
• Achieve a high level of client satisfaction.
• Develop new business opportunities in reinsurance.

Skills

Client engagement

Relationship building

Negotiation skills

Analytical skills

Problem-solving

Education

Bachelor’s degree in business administration, economics, finance or related field

Completion of secondary school

Job description

Overview

Are you driven by client management? Does the reinsurance industry inspire you? If so, this position is ideal for you. 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.

Duties

• Help manage a portfolio of existing clients with a significant level of annual brokerage
• Assist with the generation of new revenue
• Achieve high client satisfaction by providing exceptional service through managing the overall reinsurance placement process
• Be viewed by clients as a strategic partner
• Focus on helping senior leaders grow existing accounts and attract new accounts
• Achieve treaty placement goals for client portfolios of business at or above set levels
• Be recognized as an expert with outstanding problem-solving abilities and top notch client relationship management capabilities
• Build and maintain effective working relationships with clients and reinsurers
• Work closely with management to establish and implement strategy for new business development
• Inform clients about other Aon products and services that can help them manage their business needs
• Ensure all placements are checked and booked in our proprietary system
• Ensure that comprehensive and accurate contracts document the relationship between cedant and reinsurer
• Speak effectively to clients and professional groups
• Represent Aon externally through professional associations and industry groups
• Demonstrate leadership within Aon and the insurance/reinsurance industry
• Have superior knowledge of the service offerings of Aon
• Work with management to research and develop new approaches and concepts
• Foster and promote a team approach to both internal and external business relationships
• Be committed to pursuing self-development of knowledge and skills in the evolving world of insurance, reinsurance and associated analytics

Requirements

• Completion of secondary school is required.
• A college diploma or a bachelor’s degree in business administration, economics, finance or related field is preferred.
• Must have 15 months of treaty and reinsurance experience.
• Demonstrated experience in pricing treaty structures using detailed client data or abstract industry data to provide cost-benefit analysis and pricing guidance to clients.
• Experience with researching and building assumptions for multi-year cost budgeting.
• Experience with planning successful client and reinsurer events locally and internationally.
• Able to leverage relationships and technical arguments to successfully negotiate reinsurance contracts.
• Strong interpersonal skills for client engagement and relationship building.
• Excellent verbal and written communication abilities.
• Entrepreneurial mindset with accountability for profitability and client satisfaction.
• Effective organizational and time management skills.
• Independent self-starter committed to high-quality client service.
• Strong analytical skills for business decision-making.
• Proactive problem-solving and adaptability to change.

Employer: Aon Reinsurance Canada ULC

Position: Broker II – Reinsurance

Terms of Employment: Permanent / Full Time

Location: Toronto, Ontario

Employment Address: 20 Bay Street, Suite 2300, Toronto, ON M5J 2N9, Canada

Hours of Work: 35 hours per week

Hours of Operation: 9 a.m. to 5:00 p.m.

Benefits: Eligible for discretionary bonuses and/or salary increases in accordance with company policy. Optional Medical and Dental coverage, mandatory 2% contribution to a matched DCPP, option to increase contributions to increase DCPP, option to contribute to a matched RRSP, eligibility for Aon credits to put into Healthcare Spending Account or purchase additional vacation or purchase Aon stock. Aon also offers continuing education & training, a unique internal advancement program, and tremendous potential with a growing worldwide organization. Language: English. Salary: $84,000/year CAD

How This Opportunity Is Different

This role offers a unique chance to make a significant impact by supporting insurance companies in providing financial security to Canadians. You will play a crucial part in managing exposures to emerging risks such as climate change and economic disruption. The position combines strategic client management with innovative business development, allowing you to leverage your expertise in reinsurance to drive meaningful change in the industry.

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.

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

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.