Broker - Life Science

We’re hiring! Aon are currently recruiting a Life Science Broker to join our Global Broking Centre in London. The role is for a broking practitioner with deep technical knowledge and ability. Responsibility for providing advice to clients and colleagues on placement design, available coverage and capacity, likely pricing, potential coverage enhancements and market progress.

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 team and we are passionate about helping our colleagues and clients succeed.

The Global Broking Centre (GBC) is an integral part of Aon’s global broking strategy. It 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 centre works with network colleagues to deliver market-leading solutions to Aon clients, creating a competitive advantage in our placement strategies worldwide.

Some of your key responsibilities will involve:

• Broking efforts for the Life Science portfolio
• Client relationship management (direct clients and/or network)
• Develop strategy & goals
• Providing benchmarking and placement advice to clients
• Define marketing strategy (specific to placement)
• Provide technical wording advice to client/network office
• Review / Create / Enhance Submission
• Present terms to client / network office
• Firm Order broking
• Follow market broking
• Review draft / final MRC
• Market relationship management
• Provide technical training / guidance to colleagues
• Create BID documentation if required
• Create bespoke wordings / clauses (per client)
• Develop best in class product wordings

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.

Your skills and qualifications will ideally include:

• Excellent understanding of London insurance market dynamics and core processes.
• Extensive knowledge of Life science and Clinical Trials Insurance
• Ability to use insurance industry IT systems to efficiently deliver client service.
• Experience of managing effective client relationships.
• Good analytical and problem-solving skills.
• Excellent interpersonal skills.
• High level of numeracy.
• Effective communication and presentation skills.
• Excellent understanding and application of compliance and FCA regulation.
• Ability to work well as part of a team.
• Demonstrate integrity and professionalism.

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.

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well. Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard.