Senior Binding Authority Broker

Employer
Aon
Location
UK
Salary
Competitive
Closing date
18 Jul 2022
We're hiring!

Aon are currently recruiting a Senior Binding Authority Broker to join our Portfolio Solutions team based in London / Chelmsford / Virtual.

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

About Aon

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.

Global Broking Centre

The Global Broking Centre in London / Chelmsford 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.

Portfolio Solutions

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 sits the Binding Authority team, a central hub with specific technical and broking expertise, enabling growth in Aon's coverholder network through insight driven risk transfer advice and market solutions.

About the Role

As a Senior Broker some of your key responsibilities will involve:
  • Help co-ordinate and contribute to the marketing and negotiation of Structured Portfolio Solutions (SPS) within the Lloyds and Company market
  • Have an active role in the GBC's SPS business planning and approval process
  • Participate in regular reviews of the SPS performance with internal and external stakeholders - contributing to the development of both renewal and new SPS across the GBC
  • Support and co-ordinate with pipeline management.
  • Support the GBC business units in finding efficiencies around their placement solutions.
  • Client relationship management
  • Review / Create and Enhance Submissions
  • Respond to A/c queries
  • Develop best in class product wordings (for SPS/product etc)
  • Support the Binding Authority team and act as a mentor as required
  • Participate in File Reviews / Technical Reviews / Peer Reviews
  • Engage in coaching and mentoring team members.

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 Senior Broker your skills and qualifications will include:
  • Sound understanding of London insurance market dynamics and core processes;
  • Excellent technical insurance knowledge around the management and placement of delegated business.
  • Good numeracy, problem-solving and interpersonal skills.
  • Ability to use insurance industry IT systems to efficiently deliver client service.
  • Experience of managing effective client relationships.
  • Good understanding of compliance and FCA regulation.
  • Able to demonstrate integrity and professionalism alongside working in a team.;
  • Demonstrate integrity and professionalism

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.

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.

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