Senior Broker – Cyber
Aon are currently recruiting a Senior Broker to join our Cyber practice within the Global Broking Centre to be responsible to lead our Private Equity portfolio of business. The role is for a senior broking practitioner with deep technical knowledge and ability. Responsible for providing advice to Private equity clients and portfolio companies on placement design, available coverage and capacity, likely pricing, potential coverage enhancements and market progress within scope of responsibility. Unique Cyber opportunity in London to lead your own portfolio of business within a wider supportive team environment.
Aon plc (NYSE: AON) 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 - London
The Global Broking Centre in London 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 Senior Broker some of your key responsibilities will involve:
Core functional activity:
Client relationship management (direct clients and/or network)
Delivering Client meetings
Lead quote broking
Providing benchmarking and placement advice to clients
Produce and/or deliver tenders
Establish and manage pipeline
Present terms to client / network
Market broking (Lloyds / Company)
Define marketing strategy (specific to placement)
Provide technical wording advice to client/network
Create bespoke wordings / clauses (per client)
Respond to account queries
Secondary functional activity:
Review / Create / Enhance Submission
Review draft / final MRC
Firm Order broking (Ebix / wet stamps / email)
Market relationship management
Record broking activity in market sheets
Complete quote/firm order information in Brokasure including finalise MRC
Provide invoicing instructions
Provide technical training / guidance to colleagues
Coaching and mentoring
Develop best in class product wordings (for SPS/product etc)
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.
As a Senior Broker your skills and qualifications will ideally include:
Excellent understanding of London insurance market dynamics and core processes;
Extensive knowledge of Cyber / Technology E&O
Previous experience of leading Large Complex risk transfer programs (internationally and domestic)
Ability to use insurance industry IT systems to efficiently deliver client service;
Experience of managing effective client relationships;
Good analytical and problem-solving skills;
Excellent interpersonal skills;
High level of numeracy;
Effective communication and presentation skills;
Excellent understanding and application 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.