Broker - Structured Portfolio Solutions

LGBT Great; London; Hybrid; GBP 40,000 - 80,000; Full time

Job description

Broker – Structured Portfolio Solutions

Aon is currently recruiting for a Broker to join the Global Broking Centre’s Portfolio Solutions team.

This role spans across Aon London’s Global Broking Centre (GBC), over 25 lines of business and working with a broad spectrum of teams to evolve the wholesale broking strategy in 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.

This is a hybrid role with the flexibility to work both virtually and from our London office.

Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Work with Portfolio Solutions Director supporting on Aon Client Treaty within the broking teams.
• Work alongside AUM and the Strategy and Technology Group in developing the submission process within the GBC.
• Support the GBC contribution in respect to reduction of indexation risk and work alongside the GBC BUs to manage both the new business and renewal pipeline.
• Develop an understanding of the GBC portfolio and what is in scope for ACT – including client numbers, segmented by size, product, industry, class of business etc.
• Understand the contribution and impact of key classes of business to the overall profitability and make-up of the portfolio.
• Participate in the renewal process, and manage any mid-term changes, looking to review and support Aon’s strategy in the growth of ACT with current and potential new markets.
• Assist the GBC Chief Broking Officer to strengthen knowledge of other Structured Portfolio Solutions in the GBC.
• Build working relationships with BU leads and those actively managing the SPS within each BU.
• Work with GBC to manage key communications related to AUM and SPS placements such as online marketing materials.
• Promote all compliance related requirements throughout the area and identify opportunities for process improvement.
• Ensure all agreed practices and tools are actively and consistently applied.
• Ensure compliance with binding authority management protocols and standards and work with binding authority management team, Lloyd’s and/or ACT insurers, as necessary, to ensure ongoing compliance with internal/external and regulatory requirements.

How this opportunity is different

You will work within the Portfolio Solutions Team supporting GBC, Aon Underwriting Managers (Aon’s UK in house MGA) and the GBC Business Unit (BU) Leaders to support the GBC broking strategy in relation to Structured Portfolio Solutions including Aon Client Treaty.

Portfolio Solutions is at the forefront of the Aon Global Broking Centre’s distribution and broking strategy, recognised as a Business Unit and valuable partner leading the development and management of Structured Portfolio Solutions (SPS).

Within Portfolio Solutions, the Binding Authority team is a central hub with specific technical and broking expertise, enabling growth in Aon’s network through insight driven risk transfer advice and market solutions.

Skills and experience that will lead to success

• Proven interpersonal skills, capable of building and maintaining business relationships.
• Excellent verbal and written communication skills.
• Attention to detail.
• Previous experience as a broker working with binding authorities is essential.
• Knowledge of insurance/reinsurance broking is essential.
• Experience working or desire to work across multiple classes of business across the London Insurance Market.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

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