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Broker Specialist - UK D&O

Job Description

Broker Specialist – US D&O

 

We’re hiring!

 

Aon are currently recruiting a Broker Specialist to join our Financial Services team based in Chelmsford.  The role is for a contributor (Aon career stage) with sound technical knowledge and ability.  Providing efficient delivery of all market (and network) facing activity within scope of responsibility.

 

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.

 

Global Broking Centre

 

The Global Broking Centre in London / Chelmsford is an integral part of Aon’s global broking strategy. The GBC provides colleagues from across the Aon network with access to specialist brokers and client managers, dedicated client solutions and thought leadership, and significant global insurance capacity.

 

The GBC works with network colleagues to deliver market-leading solutions to Aon clients, creating a competitive advantage in our placement strategies worldwide.

 

About the Role

 

As a Broker some of your key responsibilities will involve:

 

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
  • Scan / index final agreed slip
  • Complete quote/firm order information in Brokasure including finalise MRC
  • Provide invoicing instructions

 

 

Secondary functional activity:

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

 

Occasional (optional) functional activity:

 

  • Providing benchmarking and placement advice to clients
  • Establish and manage pipeline
  • Produce and/or deliver tenders
  • Lead quote broking
  • 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
  • Provide technical wording advice to client/network
  • Provide technical training / guidance to colleagues

 

Responsible 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

 

As a Broker your skills and qualifications will ideally include:

 

  • Ability to interpret and use data effectively
  • Sound understanding of London insurance market dynamics and core processes;
  • Sound technical insurance knowledge;
  • Ability to use insurance industry IT systems to efficiently deliver client service;
  • 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, childcare vouchers 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

 

 

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