Broker - Financial Institutions

TN United Kingdom; London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

This innovative firm is seeking a Broker to join their Financial Institutions team in London. The role offers the chance to engage with Lloyd's and Company Markets, requiring a minimum of 3 years' experience in the insurance sector. You will be responsible for coordinating marketing strategies and managing client relationships while working in a hybrid environment that promotes flexibility and work-life balance. Join a diverse team dedicated to shaping decisions for the better and enjoy a competitive salary along with comprehensive benefits, including healthcare and additional holidays.

Benefits

Healthcare

Childcare Vouchers

Additional Holidays

Global Wellbeing Days

Qualifications

• Minimum 3 years’ experience in the insurance industry at a Broker or Insurer.
• At least 18 months of technical Insurance knowledge in Financial Lines.

Responsibilities

• Lead quote broking and follow market broking activities.
• Provide benchmarking and placement advice to clients.
• Work in accordance with Aon UK Limited Risk Management Framework.

Skills

Insurance Industry Experience

Technical Insurance Knowledge

Client Relationship Management

Communication Skills

Understanding of London Market Dynamics

Proficiency with IT Systems

Compliance Knowledge

Teamwork

Job description

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Broker - Financial Institutions, London

Aon has an exciting opportunity for a Broker to join our Financial Institutions team, which forms part of our Global Broking Centre.

This role is suitable for an individual with FI experience seeking a Broker level position with more responsibility. It involves coordinating and contributing to the marketing and negotiation of Financial Institutions business within Lloyd’s and Company Markets daily, following the Marketing Strategy.

This is a Hybrid role involving some office and home-based work.

At Aon, we shape decisions for the better

We aim to protect and enrich lives worldwide, fostering a trust-based, inclusive, and diverse team passionate about helping colleagues and clients succeed.

What the day will look like

• Review Submission
• Lead quote broking / Follow market broking
• Present terms to clients / network
• Firm Order broking (PPL / email)
• Record broking activity in market sheets
• Review draft / final MRC
• Send Cover confirmation to clients / network
• Provide benchmarking and placement advice to clients
• Respond to A/C queries
• Establish and manage pipeline
• Work in accordance with Aon UK Limited Risk Management Framework and policies, including risk management training.

How this opportunity is different

Join a fast-paced environment with access to Lloyds, the London market, European markets, and other Aon facilities to serve US Financial Lines clients.

Skills and experience that will lead to success

• Minimum 3 years’ experience in the insurance industry at a Broker or Insurer
• At least 18 months of technical Insurance knowledge in Financial Lines
• Understanding of London insurance market dynamics and core processes
• Proficiency with insurance industry IT systems
• Experience managing client relationships
• Effective communication and presentation skills
• Knowledge of compliance and FCA regulation
• Ability to work independently and in a team

How we support our colleagues

We offer a competitive salary, bonus, comprehensive benefits, and 25 days holiday. Our flexible benefits include healthcare, childcare vouchers, and additional holidays. We support a growing, global organization.

We promote diversity and an inclusive, agile environment that supports wellbeing and work/life balance, including two “Global Wellbeing Days” annually. Our Smart Working approach provides flexible work solutions.