M&e Reinsurance Broker - London, United Kingdom - Aon Corporation

Aon Corporation

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Posting Description:

M&E Reinsurance Broker

We're hiring
Aon are currently recruiting a M&E Reinsurance Broker to join our team in London.

The M&E Reinsurance Broker will be primarily responsible for developing and delivering new reinsurance opportunities and increasing revenue with existing clients and playing an active role in Client Team(s) and project groups to deliver strategic growth initiatives, responses to competitive tenders and complex, high value deals.

About Aon
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.

About the Role

Your impact as a M&E Reinsurance Broker:

Cultivating relationships with reinsurance buyers and decision-makers in the client organisation as well as with day-to-day client contacts
Developing deeper relationships across P&I clients at a csuite level
Identify growth targets in individual P&I Club protections and fixed premium facilities through existing relationships
Identifying key client needs and solutions leveraging resources across all of Aon
Cultivating relationships with reinsurers and the reinsurance market including individual underwriters and indepth knowledge of market dynamics
Facilitating relationships between clients, Aon and reinsurers
Representation of Aon on IGP&I committees and working groups
Coordinating with Account Executives and Client Teams to drive the development and delivery of reinsurance strategies, including driving the placement process and ensuring full understanding of client needs
Take on account executive / management responsibility for P&I placements
Support team with IGP&I facultative placements, leading negotiations with specific clients and markets
Providing advice to clients on placement design, available coverage and capacity, likely pricing, potential coverage enhancements and market progress
Identifying 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 placement with the market
Leading Client Team(s) and project groups to deliver strategic growth initiatives, responses to competitive tenders and complex, high value deals
Specialty Division
Involvement in client teams and initiatives across Specialty
Working on and providing supporting analysis and research required to develop and deliver market presentations and broking strategies (both individually and alongside Aon Analytics)
Assembling appropriate resources to support clients in unusual circumstances such as large claims

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:

Specific Protection and Indemnity knowledge, including knowledge of the Clubs, contract wordings and pooling agreement, including how underwriting of insurance and reinsurance related risks occurs
Must have a minimum of 5 years of appropriate (re)insurance broking, technical and analytical or underwriting experience including project and account management experience large accounts.
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

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.