Broker - Financial Institutions in London
Broker - Financial Institutions

Broker - Financial Institutions in London

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support senior brokers in placing Financial Lines for US and Canadian financial institutions.
  • Company: Join Aon, a leading global broking centre with a focus on innovation.
  • Benefits: Competitive salary, bonus, 25 days holiday, and flexible benefits.
  • Why this job: Gain hands-on experience in the dynamic London insurance market and digital assets sector.
  • Qualifications: 3 years in insurance, ideally with Financial Lines experience and strong communication skills.
  • Other info: Inclusive environment with opportunities for career growth and personal wellbeing.

The predicted salary is between 36000 - 60000 £ per year.

Aon has an exciting opportunity for a Broker to join our Financial Institutions team, which forms part of our Global Broking Centre. This role is suitable for an individual with some existing experience in Financial Lines or Financial Institutions, or strong transferable insurance experience, who wants to develop their career by supporting senior brokers and taking on increased responsibility over time. The focus will be on assisting with the placement of Financial Lines insurers for US and Canadian financial institutions, including firms operating in the digital assets/Web3 sector. You will work closely with experienced brokers to coordinate, support, and contribute to the marketing and negotiation of Financial Institutions business within the Lloyd’s and Company Markets in line with our marketing strategy. This is a hybrid role involving office and home-based work.

What The Day Will Look Like

  • Reviewing submissions and assisting with data gathering and preparation
  • Supporting negotiations with insurers (both lead and follow markets)
  • Helping to prepare and present terms to clients and our network partners
  • Assisting with firm order broking via PPL and email
  • Accurately recording broking activity in market sheets and internal systems
  • Reviewing draft and final MRCs with support from senior team members
  • Preparing and sending cover confirmations to clients and network offices
  • Assisting with benchmarking analyses and placement advice prepared for clients
  • Supporting the organisation and follow‑up from client and insurer meetings
  • Responding to routine accounting and claims (A/C) queries and escalating more complex issues as needed
  • Helping to establish and maintain a pipeline of opportunities for the senior brokers and wider team
  • Working in accordance with the Aon UK Limited Risk Management Framework and complying with Aon UK Limited policies, including required training and risk management activities that may affect the business, interests or reputation of any Group Company

How This Opportunity Is Different

  • Build a career in Financial Lines for North American financial institutions, including innovative firms in the digital assets/Web3 sector
  • Gain hands‑on exposure to Lloyd’s, the London market, European markets and other Aon facilities
  • Work alongside and learn from senior brokers who handle some of the largest global Financial Institutions programmes
  • Develop technical, analytical and relationship skills in a structured, supportive team environment

Skills and Experience That Will Lead To Success

  • Minimum of 3 years’ experience gained within the insurance industry at either a broker or insurer
  • Minimum of 18 months technical insurance knowledge, ideally with a Financial Lines background
  • Sound understanding of London insurance market dynamics and core processes
  • Ability to use insurance industry IT systems to efficiently deliver client service
  • Experience of managing effective client relationships
  • Effective communication and presentation skills
  • Good understanding of compliance and FCA regulation
  • Ability to work well independently, as well as part of a collaborative team

How We Support Our Colleagues

This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you can choose additional benefits, including healthcare, childcare vouchers and additional holiday. We also provide a growing worldwide organisation with tremendous potential. Our inclusive environment supports your wellbeing and work/life balance, ensuring you can be your best self at Aon. Two Global Wellbeing Days each year encourage you to focus on yourself. We are all for flexible working, which goes beyond the place of work. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com. 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.

Broker - Financial Institutions in London employer: Aon

Aon is an exceptional employer that fosters a dynamic and inclusive work culture, offering brokers the chance to develop their careers in the Financial Lines sector while working with leading professionals in the London market. With a competitive salary, comprehensive benefits, and a strong emphasis on employee wellbeing and growth, Aon provides a supportive environment where you can thrive both personally and professionally. The hybrid work model and commitment to flexibility ensure that you can maintain a healthy work/life balance while contributing to innovative projects in the financial institutions space.
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Contact Detail:

Aon Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Broker - Financial Institutions in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work with financial institutions. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by researching the company and its role in the market. Understand their approach to financial lines and digital assets. This will help you stand out and show that you're genuinely interested in the position.

✨Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role of a Broker in Financial Institutions. Highlight your transferable skills and any relevant projects you've worked on.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at Aon.

We think you need these skills to ace Broker - Financial Institutions in London

Financial Lines Knowledge
Insurance Industry Experience
Client Relationship Management
Communication Skills
Presentation Skills
London Insurance Market Understanding
IT Systems Proficiency in Insurance
Compliance Knowledge
FCA Regulation Understanding
Analytical Skills
Negotiation Skills
Data Gathering and Preparation
Team Collaboration
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Broker - Financial Institutions role. Highlight any relevant experience in Financial Lines or transferable skills from your insurance background. We want to see how you can bring value to our team!

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 your experience aligns with what we’re looking for. Keep it concise but impactful – we love a good story!

Showcase Your Skills: In your application, don’t forget to showcase your communication and analytical skills. Mention any experience you have with client relationships or working in a collaborative team. We’re all about teamwork here at StudySmarter!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you into our system. Plus, it shows you’re keen on joining our awesome team!

How to prepare for a job interview at Aon

✨Know Your Financial Lines

Make sure you brush up on your knowledge of Financial Lines and the specific needs of financial institutions. Familiarise yourself with the latest trends in the digital assets/Web3 sector, as this will show your potential employer that you're not just knowledgeable but also genuinely interested in the field.

✨Master the Art of Negotiation

Since you'll be supporting negotiations with insurers, practice your negotiation skills beforehand. Think about how to present terms effectively and prepare for potential questions or objections. Role-playing with a friend can help you feel more confident during the actual interview.

✨Showcase Your Analytical Skills

Be ready to discuss your analytical abilities, especially in relation to benchmarking analyses and placement advice. Prepare examples from your past experience where you've successfully used these skills, as this will demonstrate your capability to contribute meaningfully to the team.

✨Emphasise Team Collaboration

This role involves working closely with senior brokers and other team members, so highlight your ability to collaborate effectively. Share examples of how you've worked in teams before, and be prepared to discuss how you can support others while also taking on increased responsibility.

Broker - Financial Institutions in London
Aon
Location: London

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