Retro Broker

AON; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading global professional services firm in London is hiring a Non-Marine Property and Specialty Broker. The role involves supporting Account Executives, managing reinsurance transactions, and developing client relationships. Candidates should have a minimum of 3 years of experience in reinsurance broking and strong analytical and negotiation skills. The position offers a comprehensive benefits package and supports diverse working styles.

Benefits

Comprehensive benefits package

Flexible working environment

Global Wellbeing Days

Qualifications

• Minimum of 3 years of appropriate reinsurance broking experience.
• Experience within the London Market is highly desirable.
• Good communication skills and comfortable managing relationships.

Responsibilities

• Support Account Executives to manage reinsurance transactions.
• Analyze clients’ reinsurance information to identify solutions.
• Develop and deliver strategic account reviews.

Skills

Reinsurance broking

Client relationship management

Analytical skills

Negotiation skills

Proficiency in Microsoft Office

Job description

Retro Broker

We are hiring!

Aon are currently recruiting a Non-Marine Property and Specialty Broker to join our team in London.

This role will work with our Property team and 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.

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 organisation, 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

You will support Account Executives (AE’s) 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 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

• 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, 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 resource 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. Plus, our agile, inclusive 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, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. 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.

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 [e-mail]

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

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