Senior Broker - Upstream Energy

TN United Kingdom; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading company in the insurance sector is seeking a Senior Broker to manage client relationships and provide expert advice within the London market. The role requires strong analytical skills and a deep understanding of Financial Lines insurance. This hybrid position offers flexibility to work both virtually and from the London office, promoting a diverse and inclusive work environment.

Benefits

Global Wellbeing Days

Flexible work environment

Smart Working approach

Qualifications

• Strong understanding of London insurance market dynamics.
• Extensive knowledge of Financial Lines insurance.
• Experience managing client relationships effectively.

Responsibilities

• Manage client relationships and provide benchmarking advice.
• Review and enhance submissions and draft MRC.
• Coach and mentor colleagues.

Skills

Client relationship management

Analytical skills

Problem-solving skills

Interpersonal skills

Communication skills

Teamwork skills

Tools

Insurance industry IT systems

Job description

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This is a hybrid role with the flexibility to work both virtually and from our London office.

About Aon

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.

Global Broking Centre (GBC) London

The GBC in London is a key part of Aon’s global broking strategy, providing access to specialist brokers, client managers, dedicated solutions, thought leadership, and significant global insurance capacity. The GBC works with network colleagues to deliver market-leading solutions, creating a competitive advantage worldwide.

Role Overview: Senior Broker

What the day will look like

As a Senior Broker, your key responsibilities will include:

Core functional activity:

• Client relationship management (direct clients and/or network)

Secondary functional activity:

• Providing benchmarking and placement advice to clients
• Establishing and managing pipeline
• Presenting terms to clients/network
• Reviewing, creating, and enhancing submissions
• Reviewing draft/final MRC
• Firm order broking (Ebix/wet stamps/email)
• Following market broking
• Managing market relationships
• Defining marketing strategy (specific to placement)
• Recording broking activity in market sheets
• Providing invoicing instructions
• Offering technical wording advice to clients/network
• Providing technical training/guidance to colleagues
• Coaching and mentoring

Occasional (optional) activities:

• Sending initial engagement to clients/network
• Sending cover confirmation
• Scanning/indexing final slips
• Issuing invoices
• Responding to account queries
• Creating bespoke wordings/clauses
• Conducting reviews (file, technical, peer)

Skills and Experience for Success

Ideal candidates will have:

• Strong understanding of London insurance market dynamics and processes
• Extensive knowledge of Financial Lines insurance in the London Market
• Proficiency with insurance industry IT systems
• Experience managing client relationships effectively
• Strong analytical and problem-solving skills
• Excellent interpersonal skills
• High numeracy level
• Effective communication and presentation skills
• Understanding of compliance and FCA regulations
• Teamwork skills

How We Support Our Colleagues

Beyond our benefits, we promote a diverse, inclusive, and flexible work environment. We encourage wellbeing with initiatives like two 'Global Wellbeing Days' annually, supporting work/life balance through our 'Smart Working' approach.