Property Binding Authority Broker
2d ago

Job Description

Property Binding Authority Broker

We’re hiring!

Aon are currently recruiting a Property Delegated Authority Broker to join our MGA team in London.

About Aon

Headquartered in London, 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.

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.

Reinsurance Solutions

Reinsurance Solutions, 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.

About the Role

Your impact as a Property Binding Authority broker :

  • Working on US and International Property Binding Authority placements.
  • Providing advice to independent MGA and Insurer clients and colleagues on placement design, available coverage and capacity, likely pricing, potential coverage enhancements and market progress.
  • Working on and providing supporting analytics and research required to develop and deliver market presentation and broking strategy (Both individually and alongside Aon Analytics and Modelling).
  • 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.
  • Providing specialist advice to clients and colleagues.
  • 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 :

  • Experience in the Property Binding Authority marketplace.
  • An ability to learn and displays a broad understanding of Aon’s products and can bring the best of Aon to clients.
  • Communicates goals / strategy to clients and markets.
  • Invests time and resource in Research & Development to find new products / solutions to meet clients’ needs.
  • Inspires commitment and action in others (both internally and externally) through strong communication skills.
  • Considers the underwriter’s perspective in order to adapt approach.
  • 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.

    Job number : 2461915

    Category : Account Management / Brokerage / Insurance

    Location : United Kingdom, London

    6 / 14 / 2019 10 : 06 : 07

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