Retro Broker

Aon; London; On-site; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Comprehensive benefits package

Global Wellbeing Days

Learning and development opportunities

Job summary

A global professional services firm in London is seeking a Retro Broker to support Account Executives in implementing reinsurance transactions. Candidates should have a minimum of 3 years in reinsurance broking, strong analytical skills, and proficiency in Microsoft Office. The role involves developing strategic account plans and managing relationships with clients. This position offers a full-time contract and promotes a diverse workforce with a focus on wellbeing.

Qualifications

• Minimum of 3 years of reinsurance broking, claims, or technical underwriting experience.
• Experience in the London Market is highly desirable.
• Good communication skills and comfortable managing relationships.

Responsibilities

• Support Account Executives and senior members with reinsurance transactions.
• Manage client expectations and communicate market dynamics.
• Develop strategic account reviews and plans.

Skills

Reinsurance broking

Analytical skills

Negotiation skills

Communication skills

Relationship management

Tools

Microsoft Office

Job description

Overview

Join to apply for the Retro Broker role at Aon in London.

Aon is currently recruiting a Non-Marine Property and Specialty Broker to join our team in London. This role will work with our Property team and will support Account Executives (AEs) and senior members of the team to execute reinsurance transactions and proactively manage client and market specific projects throughout the lifecycle of engagement.

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.

The Day To Day

You will support Account Executives (AEs) and senior members of the Property team to implement reinsurance transactions and proactively manage client and market specific projects throughout the lifecycle of engagement, including:

• Working closely with AEs and Analytics Leads to proactively manage the renewal process and transact a reinsurance placement
• Analysing clients' reinsurance information to identify risk transfer solutions
• Designing proposed reinsurance structures and setting desk pricing with AE and Analytics Lead, considering KPIs, market dynamics and economic benefit
• Managing client expectations by communicating market dynamics and anticipated outcomes to the 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 AEs 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
• Assisting with the development and administration of resources to advance market intelligence, including liaising with internal and external sources to advance market insight

Skills And Experience That Will Lead To Success

• Minimum of 3 years of appropriate reinsurance broking, claims or technical and analytical underwriting experience including project and account management experience
• Experience gained within the London Market and property losses is highly desirable
• Developed negotiation skills
• Good communication skills and comfortable managing relationships internally and externally
• Considers the underwriter's perspective to adapt approach
• Invests time and resources in research & development to find new products/solutions to meet clients' needs
• Proficiency in Microsoft Office products such as Word, Excel and PowerPoint

How We Support Our Colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. We offer two Global Wellbeing Days each year to focus on yourself. We recognise that flexibility goes beyond just the place of work, and we call this Smart Working.

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.

Equality, Diversity And Accessibility

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [e-mail].

Application Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: General Business and Consulting