Broker

Junior Broker, Cyber, EMEA and UK Are you interested in developing a career within the London insurance market? Would you like to support the placement of complex cyber risks while learning from experienced brokers and building relationships across the market? 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 organisation, 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 As a Junior Broker within the EMEA and UK Wholesale Cyber team, you will support the placement of large, complex risks into the London market. Working alongside a Senior Broker or Director, and in partnership with Aon colleagues across the EMEA and UK network, you will contribute to the development of placement strategies and the marketing and negotiation of business within the Lloyd’s and company markets.

You will gain experience across the full lifecycle of a placement, developing a detailed understanding of the documentation, processes and systems involved in placing open market business. Your responsibilities will include: Discovery and pre-renewal strategy Supporting the preparation of client work-up documentation. Engaging with Aon network colleagues in relation to prospective and renewing business.

Attending internal pre-renewal strategy meetings. Providing content and information for client and market presentations. Attending client discovery and pre-renewal meetings with senior colleagues. Taking clear meeting notes and recording agreed actions. Contacting insurers to establish appetite and available capacity. Creating and maintaining market and capacity tracking documents. Submission and underwriting preparation Supporting the arrangement of non-disclosure agreements with underwriters and maintaining the relevant tracker.

Requesting and collating questions or discussion topics for submissions and underwriting calls. Reviewing submission materials before they are issued to insurers. Coordinating meeting arrangements, including meeting rooms and Microsoft Teams invitations. Preparing and maintaining market attendance records. Supporting the team to ensure information is complete, accurate and ready for presentation to the market.

Underwriting calls and market engagement Attending underwriting calls alongside senior brokers. Taking comprehensive notes and recording outstanding questions and actions. Collating questions that were not answered during underwriting discussions. Requesting additional questions and feedback from insurers following calls. Creating and maintaining question and answer documentation for Aon network colleagues.

Developing effective working relationships with underwriters and other market contacts. Primary market placement and negotiation Supporting discussions with clients and network colleagues to understand coverage requirements. Creating and maintaining coverage matrices. Sharing coverage requirements with potential primary insurers. Requesting primary terms from the market. Preparing quote comparison documents.

Supporting the presentation of initial primary terms to clients and network colleagues. Assisting senior brokers with the negotiation of policy wording, amendments and endorsements. Creating clear summaries of primary terms. Communicating agreed instructions to primary insurers. Excess layer placement Providing excess markets with the agreed primary terms and policy wording. Supporting the negotiation of terms across individual excess layers.

Preparing information for the presentation of excess layer terms to clients and network colleagues. Distributing relevant terms and quotations to insurers. Maintaining accurate and up-to-date market tracking information. Binding and post-placement activity Supporting the preparatio