Senior Broker - Terrorism Team

Job Description

2473292 - Senior Broker (Terrorism Team), (London, UK)


We’re hiring!


Aon are currently recruiting a Senior Broker to join our Terrorism Team in London.


The role is for a senior contributor with sound technical knowledge and ability who can co-ordinate and contribute to the marketing and negotiation of business within the Lloyd’s and Company Markets on a day to day basis in accordance with Marketing Strategy.


About Aon


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.


Aon is an equal opportunities employer.  Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.


The FCA’s Senior Managers & Certification Regime (SM&CR) applies to Aon from December 2019 and this role is subject to the relevant requirements of the Regime. The primary aim of SM&CR is to drive individual accountability for all roles within the Financial Services Sector. Aon must ensure those in senior roles, with the potential to cause significant harm to customers and the business of the firm, are deemed to be fit and proper at all times and also to ensure everyone working in the sector adheres to a set of Conduct Rules and are held to account where they do not meet the right standards of behaviour


About the Role


Your impact as a Senior Broking Specialist:


Core functional activity:

File maintenance – ECM

Send initial engagement to client/network

Present terms to client / network

Review / Create / Enhance Submission

Send Cover confirmation to client/network

Review draft / final MRC

Firm Order broking (Ebix / wet stamps / email)

Follow market broking

Record broking activity in market sheets

Complete quote/firm order information in Brokasure including finalise MRC

Provide invoicing instructions


Secondary functional activity:

Providing benchmarking and placement advice to clients

Client relationship management (direct clients and/or network)

Client meetings

Lead quote broking

Scan / index final agreed slip


Occasional (optional) functional activity:

Establish and manage pipeline

Produce and/or deliver tenders

Market relationship management

Define marketing strategy (specific to placement)

SPS design / placement

Issue invoice to client

Respond to A/c queries

Create BID documentation if required

Create bespoke wordings / clauses (per client)

Develop best in class product wordings (for SPS/product etc)

File Reviews / Technical Reviews / Peer Reviews

Provide technical wording advice to client/network

Provide technical training / guidance to colleagues

Coaching and mentoring


Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.


About you


Your knowledge and expertise:


Ability to interpret and use data effectively

Strong analytical expertise

Sound understanding of London insurance market dynamics and core processes

Excellent technical insurance knowledge, specifically Terrorism

Ability to use insurance industry IT systems to efficiently deliver client service

Experience of managing effective client relationships

Good problem solving skills

Good interpersonal skills

Good level of numeracy

Effective communication and presentation skills

Good understanding of compliance and FCA regulation

Ability to work well as part of a team

Demonstrate integrity and professionalism


Salary and Benefits


This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare and additional holiday.  We also offer tremendous potential with a growing worldwide organisation.


Our Colleague Experience


Every day, our colleagues make a difference, work with the best, own their potential, and value one another. Together, we share this one purpose: to empower economic and human possibility around the world. This unifying goal is at the heart of our identity, and it lives in everything we do. To learn more about our colleague experience, visit Aon Colleague Experience.


We’re happy to talk flexible working. If you need to flex your working pattern, Aon offers flexible and agile working policies and we’re happy to discuss options with you upon application