Broker

2 weeks ago

Johannesburg, South Africa Aon Corporation Full time

Posting Description:
**Broker - Reinsurance Facultative**

Do you have Facultative experience? Are you passionate about clients? Read on

Aon Reinsurance Solutions Africa is recruiting a Broker in our Facultative department, based on a hybrid basis, from our offices in Sandton.

The primary role of the broker is to negotiate the best possible prices and capacity for reinsurance clients to protect their portfolios, by placing cover within global markets on a day-to-day basis ensuring the best outcome for Aon and its clients. The broker contributes to and coordinates marketing and negotiation of business within global markets in accordance with Aon global standards and client approved marketing strategy.

**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 organization, 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**

Act as primary point of contact within the broking team for specific clients assigned to you

Assist the Senior Brokers and/or Executive Head with servicing their portfolio of clients

Contribute to ongoing client satisfaction, retention and profitability

Analyse clients' reinsurance requirements, collect and analyse relevant information to identify risk transfer solutions

Review and quality check reinsurance documentation at a pre-determined stage in the process (in line with Aon Compliance, Audit requirements and SOP's) to establish whether the selected product accurately reflect a clients' reinsurance requirements

Responsible for negotiating the best prices and capacity using knowledge, expertise and market presence for desired cover where appropriate

Ensure a full technical and quality check has been completed on all work in line with the Facultative procedures, internal compliance and Audit requirements

Work collaboratively with colleagues on every account or portfolio of accounts, to ensure the relevant information is shared among appropriate individuals and required actions are taken to meet clients' needs

Identify appropriate channels for risk placements based on client's and Aon's market security guidelines and other requirements prior to placement

Ensure complete placement by negotiating with support underwriters, handle underwriter queries and requests for information

Create, maintain and manage long-term business relationships with underwriters to enhance service delivery, establish new opportunities for risk placement or facilitate the settlement and payment of claims

Support the effective delivery of global service through network relationships, where appropriate

Contribute in supporting business development initiatives, as redirected.

Work with markets to create entrepreneurial solutions to meet client needs.

**How this opportunity is different**

Aon South Africa has been recognised as a Top Employer in South Africa for the sixth consecutive year. Being certified as a Top Employer showcases our dedication to a better world of work through excellent People policies and practices

**Skills and experience that will lead to success**

**Qualifications.**
- Grade 12 (matric).
- An appropriate NQF level 4 FAIS /short-term insurance qualification.
- Preferably a relevant bachelor’s degree in insurance and risk management.
- First level regulatory examination for representatives.

**Knowledge.**
- Sound business know-how and financial acumen.
- Solid understanding of the reinsurance environment.
- Solid knowledge of broking/insurance/underwriting in the reinsurance facultative environment.
- Solid knowledge of clients’ needs in the reinsurance market.
- Solid knowledge of and technical competence in mining and power risks (CAR, assets).

**Skills and Attributes.**
- Excellent marketing and sales skills.
- Well-developed analytical technical and problem-solving skills.
- Well-developed communication skills. (Verbal and written).
- Excellent industry networking skills.
- Well-developed influencing and negotiation skills.
- Well-developed interpersonal skills.
- Proven ability to work with and in teams.
- Computer literacy with advanced experience in MS Word and Excel.
- Well-developed business and financial skills and acumen.

**Experience.**
- Have a minimum of 3 to 5 years’ experience in broking/insurance/underwriting/reinsurance facultative environment.

**How we support our colleagues**

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive 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, but we also recognize that flexibility goes beyond just the place of

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