Junior Reinsurance Broker

Aon; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

Aon is seeking a Junior Reinsurance Broker to join their Financial Lines team in London. The role involves supporting the end-to-end reinsurance placement process and requires experience in reinsurance brokerage, excellent data analysis, and strong communication skills. Aon offers a diverse and flexible work environment with a comprehensive benefits package.

Benefits

Comprehensive benefits package

Flexible work environment

Global Wellbeing Days

Qualifications

• Experience in insurance and/or reinsurance brokerage, preferably in Financial Lines.
• Familiarity with Crime, D&O, and Cyber products.
• Ability to read financial statements.

Responsibilities

• Involve in the end-to-end Reinsurance placement process.
• Provide support for the Account Executive team.
• Generate and review contractual documentation and process placements.

Skills

Data analysis

Communication

Teamworking

Analytical skills

Client-facing skills

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

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Aon is currently recruiting a Junior Reinsurance Broker, Facultative Reinsurance, to join our Financial Lines team in London.

Headquartered in London, Aon Plc is a leading global professional services firm providing a broad range of risk, retirement, and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Reinsurance Solutions, a division of Aon plc, is the world’s leading reinsurance intermediary and full-service capital advisor. We empower our clients to better understand, manage, and transfer risk through innovative solutions and personalized access to all forms of global reinsurance capital across treaty, facultative, and capital markets. As a trusted advocate, we deliver local reach to the world’s markets, with an investment in innovative analytics, including catastrophe management, actuarial, and rating agency advisory.

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

What the day will look like

1. Involvement in the end-to-end Reinsurance placement process, coordinating with relevant company functions and management support.
2. Providing technical and administrative support for the Account Executive team in placing and servicing Facultative Reinsurance.
3. Processing placements and liaising with offshore teams to ensure invoices are prepared and issued on time.
4. Generating and reviewing contractual documentation, including contract wordings, endorsements, invoices, and evidence of cover.
5. Resolving queries from clients and reinsurers, liaising with colleagues across departments and offices as needed.
6. Collecting and analyzing data for market submissions and presentations.
7. Working in accordance with the Aon UK Limited Risk Management Framework and policies, including risk management and mandatory training participation.

Skills and experience that will lead to success

• Prior experience in insurance and/or reinsurance brokerage, preferably in Financial Lines, with familiarity in Crime, D&O, and Cyber products on the Reinsurance market.
• Excellent data analysis and processing skills, with attention to detail.
• Strong communication and teamworking skills; knowledge of additional languages (Italian, Greek, Spanish) is a plus.
• Ability to read financial statements; knowledge of the financial institutions sector.
• Proficiency in Microsoft Excel, PowerPoint, and Word.
• Experience working in a client-facing environment.
• Customer-focused, result-oriented, with strong analytical skills.
• Ability to adhere to deadlines in a fast-paced environment.

How we support our colleagues

We offer a comprehensive benefits package and promote a diverse, inclusive, and flexible work environment. Our "Smart Working" approach supports wellbeing and work/life balance, including two "Global Wellbeing Days" annually to focus on self-care. We encourage flexible working styles to help colleagues perform at their best.