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Placing Broker (London, UK)

Placing Broker (London, UK)

Requisition ID 
2439690
Job Locations 
GB-London
Job Family 
Insurance

Responsibilities

Placing Broker

 

We’re hiring!

 

Aon are currently recruiting a Placing Broker to join our team in London. The Placing Broker will be primarily responsible for providing advice to clients and colleagues on placement design and identifies appropriate risk placement.

 

About Aon Benfield

 

Aon Benfield, a division of Aon plc, is the world’s leading reinsurance intermediary and full-service capital advisor. We empower our clients to better understand, manage and transfer risk through innovative solutions and personalised access to all forms of global reinsurance capital across treaty, facultative and capital markets. As a trusted advocate, we deliver local reach to the world’s markets, an unparalleled investment in innovative analytics, including catastrophe management, actuarial and rating agency advisory. Through our professionals’ expertise and experience, we advise clients in making optimal capital choices that will empower results and improve operational effectiveness for their business. With more than 80 offices in 50 countries, our worldwide client base has access to the broadest portfolio of integrated capital solutions and services. To learn how Aon Benfield helps empower results, please visit www.aonbenfield.com.

About the Role

 

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.

 

About the role

 

As a Placing Broker some of your key responsibilities will involve:

  • Acts as the primary point of contact within the broking team for specific Network territories to provide specialist advice to the Network office  client team.
  • Provides advice to Network offices  and colleagues on placement design, available coverage and capacity, pricing, potential coverage enhancements and market progress within scope of responsibility.
  • Identifies appropriate channels for risk placement based on clients’ market security guidelines and other requirements.
  • Negotiates terms and conditions of placement.
  • Works in partnership with Network  client teams to ensure client/network needs and expectations are met.
  • 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 Placing Broker your skills and qualifications will ideally include:

 

Client/Market Knowledge

  • Actively seeks out market intelligence to spot opportunities and follows up where appropriate.
  • Able to carry out analysis of competitors in order to spot new opportunities.
  • Building business acumen by looking at more macro issues surrounding clients/competitors.
  • Seeks feedback from the market to adapt personal approach.

Relationship Management

  • Is well known in the market and has an established reputation.
  • Actively networks to build new relationships outside of initial circle and recognises the importance of this.
  • Understands the importance of tailoring approach with different audiences.
  • Strong interpersonal skills and confident in many different situations with clients and the market.
  • Actively works on a small number of new business targets.

 

Other Skills/Attributes

  • Manages own portfolio/budget.
  • Is able to obtain and lead terms.
  • Fully understands what they are broking eg risks, terms and conditions – good technical knowledge.

 

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’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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