• PI Broker

    Requisition ID 2446094
    Job Family GB-Virtual
  • Posting Description

    Broker - Professional Indemnity (Retail Broking), (UK Wide / Home based)

     

    We’re hiring!

     

    Aon are currently recruiting a PI (Professional Indemnity) Broker to join our Retail Broking Team.

     

    This is a UK wide/Regional opportunity therefore, location is flexible and being homebased is also an option.

     

    About Aon

     

    Headquartered in London, Aon Plc is the leading provider of risk management services, insurance and reinsurance brokerage and a global leader in human capital and management consulting. Our key advantage is our broad view of the insurance industry. With an employee base of 66,000 people working in 500 offices in more than 120 countries, we can anticipate how changes in one sector affect another.

     

    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 PI Broker your main responsibilities will include:

     

    Supporting the broking function

    Ensure that all broking activity is carried out in compliance with the UK Broking Strategy and procedures as agreed by the Chief Broking Officer, ARS UK, in particular the monitoring of all FCA regulated processes.

    Ensure the broking team works well with client, market and other responsibilities properly apportioned and understood by all.

    Negotiate the most appropriate terms for that client.

    To be aware of the work of peers and colleagues in other Aon divisions, and to share idea best practice and all relevant information with them.

    To be personally responsible for a small portfolio of high profile accounts requiring regular engagement with the risk manager and client teams the design and broking of the programme in the market.

    Managing the trading and trading relationships with insurers.

     

    In conjunction with the Chief Broking Officer, ARS UK, negotiate the trading aspects of business plans or agreements needed by or with insurers ensuring that they do not give rise to unsustainable expectations or conflicts of interest
    Understand key insurers’ points of view regarding their relationship with Aon and help exploit opportunities or tackle

    Ensure relationships between National and Global and other Aon broking units is effective in delivering a high-quality service to our clients

    Represent Aon UK in the market taking the lead as necessary on any major placement problems or insure related E&O.

    Work with insurers to develop products and facilities


    Analysing the insurance markets briefing colleagues as appropriate.

     

    Ensure that client groups and other staff have all the relevant information on which to base their advice to

    Manage the expectations of colleagues and clients in terms of insurance market

    Ensure that all relevant staff are kept up to date accordingly with general guidance on programme design.

    Ensure that all client groups understand and communicate the value proposition of the broking function, such that they can negotiate appropriate fees from the

     

    Improving the quality and efficiency of broking processes.

     

    Develop and maintain a culture of continual improvement throughout the Broking function, and in partnership with Client Management and Client Service colleagues.

    Analyse and advise on data across ARS UK to provide the Chief Broking Officer, ARS UK with workable information to manage the account.

    Provide the ARS Broking Directors with data to assist them with managing their local markets.

     

    Compliance with regulatory requirements and business procedures.

     

    Promote all compliance related requirements throughout the Broking Team and identify opportunities for process

    Take primary responsibility for ensuring staff awareness and conformances to all compliance related requirements.

    Lead by example by ensuring own activity complies with regulatory requirements and business procedures.

    Develop a working environment where people are positive, motivated and enthusiastic.

    Work to improve key ‘cultural’ characteristics of Broking business: enthusiasm, client focus, innovation, accountability

     

    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

     

    As a PI Broker your skills and qualifications will ideally include:

     

    A thorough knowledge of commercial insurance market practices and dynamics – able to analyse competitors and spot new opportunities
    Strong negotiating and influencing skills

    Experience in managing and placing large PI risks (Professional Indemnity / Financial Lines)

    The ability to work effectively in a matrix management environment where success often depends on influencing skill rather than direct control
    An effective listener and a strong, consistent communicator
    Behaviour that inspires the trust and respect of colleagues and of the insurance market
    Committed to continuous improvement and to adopting new working practices to raise standards of quality and efficiency
    Energetic and focused on producing the best deal for the client
    Team worker

    ACII qualified or studying towards 

     

    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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