At a Glance
- Tasks: Join a dynamic team to negotiate and market Professional Indemnity Insurance.
- Company: Aon, a global leader in insurance and risk management.
- Benefits: Flexible working options, competitive salary, and professional development opportunities.
- Other info: Collaborative environment with access to Lloyd's and global markets.
- Why this job: Be part of a growing sector and make impactful decisions for major clients.
- Qualifications: Experience in the insurance industry and strong communication skills.
The predicted salary is between 40000 - 50000 £ per year.
Are you ready for a new challenge? We’re hiring! Aon is currently recruiting a Broker to join our Professional Services team, which forms part of our Global Broking Centre (GBC). In this role, you will be responsible for co‑ordinating and contributing to the marketing and negotiation of Professional Indemnity Insurance (PII) business within the Lloyd’s and Company Markets.
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.
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:
- Work within a team of placing brokers to negotiate and place renewal and new business in a contract certain process.
- Review and draft insurance contracts, and issue them to clients and insurers.
- Sign insurance contracts with insurers via electronic placing platforms (such as PPL).
- Provide the highest level of service and technical expertise to clients.
- Prepare market presentations and broker submissions to broker client’s enquiries to insurers.
- Build and maintain strong working relationships with insurance Market and Underwriters.
- Proactively approach training and development to grow knowledge.
- Represent Aon, demonstrating an understanding of corporate objectives.
- Effective working relationships with other Aon specialist areas of business.
How this opportunity is different:
The Professional Services team comprises 25 Brokers with various levels of experience and expertise. The team places PII and Cyber for accounting, consulting, legal, design and construction firms for a wide portfolio of clients emanating from within North America, the UK and Europe, in collaboration with our global retail network. This is an exciting opportunity to join an enthusiastic team, in a huge growth sector, with access to Lloyds, Company markets, and other Aon facilities, to deliver the (re)insurance requirements for some of the largest clients in the world.
Skills and experience that will lead to success:
- Proven experience gained within the insurance industry at either a Broker or Insurer.
- Understanding of London insurance market dynamics and core processes.
- Awareness of / ability to utilise insurance industry IT systems.
- Effective communication and presentation skills.
- Good understanding of compliance and FCA regulation.
- Ability to work well independently, as well as part of a team.
PI Broker employer: Aon PLC.
Aon is an exceptional employer, offering a dynamic work environment where flexibility and inclusivity are at the forefront of our culture. As part of our Professional Services team, you will have access to extensive training and development opportunities, enabling you to grow your expertise in the thriving insurance sector while collaborating with some of the largest clients globally. Join us in London, where we foster strong relationships and support each other in making better decisions for our clients and communities.
StudySmarter Expert Advice🤫
We think this is how you could land PI Broker
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who know Aon or have experience with Professional Indemnity Insurance. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the London insurance market. Familiarise yourself with current trends and challenges in Professional Indemnity Insurance. This will show you're not just interested in the role but also passionate about the industry.
✨Tip Number 3
Practice your presentation skills! Since you'll be preparing market presentations and broker submissions, being able to communicate clearly and confidently is key. Grab a friend or family member and do a mock presentation to get comfortable.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Aon and ready to take on this exciting challenge.
We think you need these skills to ace PI Broker
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the PI Broker role. Highlight your experience in the insurance industry, especially any work with Professional Indemnity Insurance. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your understanding of the London insurance market dynamics.
Showcase Your Communication Skills:Effective communication is key in this role. In your application, demonstrate your ability to communicate clearly and professionally. Whether it's through your writing style or examples of past experiences, let us see your skills in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you'll find all the details you need about the role and our company!
How to prepare for a job interview at Aon PLC.
✨Know Your Stuff
Make sure you brush up on your knowledge of Professional Indemnity Insurance and the London insurance market. Familiarise yourself with key terms, processes, and recent trends. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Communication Skills
As a Broker, effective communication is crucial. Prepare to demonstrate your ability to present ideas clearly and concisely. You might be asked to explain complex concepts or negotiate terms, so practice articulating your thoughts in a straightforward manner.
✨Build Rapport
During the interview, aim to build a connection with your interviewers. Ask insightful questions about their experiences at Aon and the team dynamics. This shows that you’re not just focused on getting the job, but also on being a good fit for the team.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making abilities. Think of examples from your past experience where you successfully navigated challenges in the insurance industry, particularly in negotiations or client interactions.