Reinsurance MECC Broker

Aon

  • London
  • Permanent
  • Full-time
  • 6 days ago
Posting Description:Marine & Energy Composite BrokerWe’re hiring!Aon are currently recruiting a Marine & Energy Composite Broker to join our team in London.As a member of the Marine & Energy Composite team 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 decisionsAt 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 team and we are passionate about helping our colleagues and clients succeed.What the day will look likeAssist Account Executives and senior team members with reinsurance transactions and client projects.
  • Handling client and market engagement throughout the reinsurance placement process and during the life-cycle of engagement.
  • Crafting and delivering new reinsurance opportunities and growing revenue with existing clients.
  • Playing an active role in Client teams and project groups to help deliver strategic growth initiatives, responses to competitive tenders and reinsurance placements
Key AccountabilitiesYou will assist client teams and account executives in developing Aon’s position in the market by:
  • Working closely with account executives to proactively manage the renewal process and successfully transact a reinsurance placement including
– Support the team with P&I placements, leading negotiations with specific clients and markets– Supporting account executives in advising clients on placement design, available coverage and capacity, likely pricing, potential coverage improvements and market progress.– Helping to identify appropriate channels for risk placement based on clients’ market security guidelines and other requirements, exerting influence on the market in order to secure the best deals.– Negotiating terms and conditions of placements with the market– Working on and providing supporting analysis and research required to develop and deliver market presentations.
  • Play an active role in promoting Aon’s market presence to clients, prospects and markets.
– Cultivating relationships with reinsurers and the reinsurance market including individual underwriters.– Developing deeper relationships across the P&I and wider M&E reinsurance client base.– Facilitating relationships between clients, Aon and reinsurersExperience, Knowledge & Skills
  • Specific Protection and Indemnity knowledge, including knowledge of the Clubs and relevant contract wordings including how underwriting of insurance and reinsurance related risks occurs
  • Must have a minimum of 3 years of appropriate (re)insurance broking, technical and analytical or underwriting experience including project and account management experience.
  • Strong negotiation skills
  • Inspires commitment and action in others (both internally and externally) through strong communication skills
  • Considers the underwriter’s perspective in order 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
Education/Professional QualificationsEducation: 2:1 degree desirableProfessional: Progress towards Advanced Diploma in Insurance (ACII) and / or insurance or reinsurance specific education desirable.How we support our colleaguesIn addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.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.Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email#li-in1

Aon