Reinsurance MEC Broker Specialist

Aon; City Of London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A global risk management firm in London is seeking a Junior MEC Broker to support the Marine & Energy Composite team. The role involves executing reinsurance transactions, managing client expectations, and actively developing new revenue opportunities. Ideal candidates have a background in reinsurance broking or analytical underwriting with strong communication and analytical skills. This position offers a supportive work environment with a comprehensive benefits package.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Agile working style solutions

Qualifications

• Minimum 2 years working in a reinsurance broking or analytical underwriting environment.
• Strong communication skills to inspire commitment and action.
• Ability to manage conflicting and changing priorities.

Responsibilities

• Support Account Executives in executing reinsurance transactions.
• Manage client expectations and communicate market dynamics.
• Develop and deliver strategic account reviews and account plans.

Skills

Customer-facing experience

Analytical skills

Communication skills

Proficiency in Microsoft Office

Job description

Overview

Junior MEC Broker

We’re hiring!

Aon are currently recruiting a Junior Broker/Account Specialist to join the Marine & Energy Composite team in London.

As a member of the Marine & Energy Composite team you will support Account Executives (AE’s) and senior members of the team to execute reinsurance transactions and proactively manage client and market specific projects throughout the lifecycle of engagement.

What the day will look like

• Working closely with AE’s and Analytics Lead’s to proactively manage the renewal process and successfully transact a reinsurance placement including
• Analysing clients’ reinsurance information to identify risk transfer solutions
• Designing proposed reinsurance structure and setting desk pricing with AE and Analytics Lead considering KPI’s, market dynamics and economic benefit
• Managing client expectations by communicating market dynamics and anticipated outcomes to client in advance of placement milestones
• Playing an active role in marketing and placement, handling queries, and providing regular client updates
• Developing and delivering strategic account reviews and account plans
• Sourcing and actively developing new revenue opportunities in conjunction with AE’s and client teams
• Supporting the implementation of client plans and client growth objectives, including RFP involvement
• Supporting team projects by applying analytical skills to aid effective planning and identifying growth opportunities
• Actively assisting with the development and administration of specific resources to advance market intelligence, including liaising with internal and external sources to advance market insight

Skills and experience that will lead to success

• Minium 2 years working in a reinsurance broking, technical, claims or analytical underwriting environment; ideally with project and account management experience
• Demonstrated experience in a sales/client facing environment
• Inspires commitment and action in others (both internally and externally) through strong communication skills.
• Considers the underwriter’s perspective to adapt approach
• Invests time and resource in Research & Development to find new products/solutions to meet clients’ needs
• Proficiency in Microsoft Office products such as Word, Excel and PowerPoint
• Able to manage conflicting and changing priorities

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, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

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