Marine & Energy Reinsurance Broker at AON
London, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

19 Sep, 25

Salary

0.0

Posted On

21 Jun, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Underwriting, Excel, Powerpoint, Research, Communication Skills

Industry

Marketing/Advertising/Sales

Description

Primarily responsible for growing and defending revenue alongside senior members of our M&E Reinsurance team (focus on International M&E treaty business but also with involvement in broader specialty treaty reinsurance) by:

  • Leading client and market engagement throughout the reinsurance placement process and during the life-cycle of engagement.
  • Crafting and delivering new reinsurance opportunities and growing revenue with existing clients.
  • Playing an active role in Client Team(s) and project groups to deliver strategic growth initiatives, responses to competitive tenders and complex, high value deals.
  • Serving as a trusted Advisor for subject matter specific issues both internally and externally

KEY ACCOUNTABILITIES

Developing Aon’s position in the market by

  • Encouraging relationships with reinsurance buyers and decision-makers in the client organisation as well as with day-to-day client contacts
  • Developing deeper relationships across P&I clients at a c-suite level
  • Identify growth targets in individual P&I Club protections and fixed premium facilities through existing relationships
  • Identifying key client needs and solutions by bringing to bear resources across all of Aon
  • Cultivating relationships with reinsurers and the reinsurance market including individual underwriters and in-depth knowledge of market dynamics
  • Facilitating relationships between clients, Aon and reinsurers
  • Representation of Aon on IGP&I committees and working groups
  • Coordinating with Account Executives and Client Teams to drive the development and delivery of reinsurance strategies, including driving the placement process and ensuring full understanding of client needs
  • Take on account executive / management responsibility for P&I placements
  • Support team with IGP&I facultative placements, leading negotiations with specific clients and markets
  • Providing advice to clients on placement design, available coverage and capacity, likely pricing, potential coverage improvements and market progress
  • 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
  • Leading Client Team(s) and project groups to deliver strategic growth initiatives, responses to competitive tenders and complex, high value deals
  • Specialty Division
  • Involvement in client teams and initiatives across Specialty
  • Working on and providing supporting analysis and research required to develop and deliver market presentations and broking strategies (both individually and alongside Aon Analytics)
  • Assembling appropriate resources to support clients in unusual circumstances such as large claims,

EXPERIENCE, KNOWLEDGE & SKILLS

  • Specific Protection and Indemnity knowledge, including knowledge of the Clubs, contract wordings and pooling agreement, including how underwriting of insurance and reinsurance related risks occurs
  • Must have a minimum of 5 years of appropriate (re)insurance broking, technical and analytical or underwriting experience including project and account management experience large accounts.
  • Strong negotiation skills
  • Encourages dedication and action in others (both internally and externally) through strong communication skills.
  • Considers the underwriter’s perspective in order to adapt approach
  • Invests time and resource in Research & Development to find new products/solutions to meet clients’ needs
  • Proficiency in Microsoft Office products such as Word, Excel and PowerPoint

EDUCATION/PROFESSIONAL QUALIFICATIONS

Education: 2:1 degree desirable
Professional: Advanced Diploma in Insurance (ACII) and / or insurance or reinsurance specific education desirable

Responsibilities
  • Leading client and market engagement throughout the reinsurance placement process and during the life-cycle of engagement.
  • Crafting and delivering new reinsurance opportunities and growing revenue with existing clients.
  • Playing an active role in Client Team(s) and project groups to deliver strategic growth initiatives, responses to competitive tenders and complex, high value deals.
  • Serving as a trusted Advisor for subject matter specific issues both internally and externall
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