MGA Broker

Job Description

MGA Broker – Reinsurance Solutions (Casualty Focus)

The Strategic Opportunity Aon Reinsurance Solutions is actively expanding its MGA (Managing General Agent) Segment team in London. This is a pivotal role within the UK Reinsurance division, appearing at a high-growth juncture as the firm intensifies its focus on the MGA landscape. You will sit at the intersection of senior strategy and tactical execution, working alongside Account Executives to drive growth and mentoring junior brokers to ensure “best-in-class” service delivery.

The Role In the London market, an MGA Broker acts as the essential conduit between MGAs (who have delegated authority to underwrite) and the Reinsurance/Capital markets. Your primary mission is to coordinate the marketing and negotiation of Delegated Underwriting Authorities (DUA) , including traditional Binding Authorities and complex Alternative Distribution Transactions. You will be a key player in the Lloyd’s and Company Markets, specifically tasked with scaling the Casualty binding authority portfolio.

Core Responsibilities

• Placement Execution: Leading DUA placements, focusing on Casualty lines to drive segment growth.

• Strategic Advisory: Consulting MGA clients on placement development, market capacity, pricing trends, and potential coverage enhancements.

• Analytical Integration: Partnering with Aon Analytics to interpret data, developing market presentations that leverage Aon’s proprietary modeling.

• Aon United Engagement: Utilizing the full “Aon United” ecosystem—incorporating human capital, risk capital, and data services—to provide holistic solutions to MGA partners.

• Relationship Management: Building and maintaining high-level strategic relationships with DUA stakeholders and carriers.

• Compliance & Risk: Navigating the Aon UK Limited Risk Management Framework to ensure all transactions meet rigorous regulatory and ethical standards.

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Job Data Table

Category	Details
Company Name	Aon Corporation (Aon Reinsurance Solutions UK)
Location	London, United Kingdom
Locality	City of London (EC3 / Leadenhall Building)
Country	United Kingdom
City	London
Region	Greater London
Job Type	Full-time
Salaries	£65,000 – £95,000 (Estimated Base)
Experience Level	5+ Years (Broking or Underwriting)
Travel	Minimal (Primarily London Market facing)
Language	English
Benefits	2x Global Wellbeing Days, Agile Working, Comprehensive Health/Pension

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Skills & Competency Table

Key Skill	Level
Casualty Product Knowledge	Expert
Delegated Underwriting (DUA) Mechanics	Expert
Binding Authority Negotiation	Advanced
Aon Analytics & Data Interpretation	Advanced
Stakeholder Relationship Management	Expert
MS Office (Excel Modeling/PowerPoint)	Advanced

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Salaries Pay Calculator Table

Annual Salary	Bonus/Bonus Potential	Total Compensation	Notes
£65,000	15% – 20%	£75,000 – £78,000	Entry point for 5-year experienced brokers.
£80,000	20% – 25%	£96,000 – £100,000	Standard mid-senior MGA broker in London.
£95,000	30%+	£123,500+	High-performing casualty specialist.

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Job Summary

This role within Aon’s Reinsurance Solutions team focuses on placing Casualty-focused Delegated Underwriting Authorities (DUA) in the London Market. You will advise MGAs on capacity and pricing while collaborating with Aon Analytics to refine broking strategies. Requiring at least 5 years of experience, this position offers a high-growth environment and Aon’s “Smart Working” flexibility.

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FAQs

• What is an MGA in this context? A Managing General Agent (MGA) is an intermediary with the authority to underwrite business on behalf of a reinsurer or carrier.

• What does “Casualty” focus mean? It refers to liability insurance lines, such as Professional Indemnity, General Liability, or Employers’ Liability.

• What is “Aon United”? It is Aon’s internal strategy to bring the full breadth of its global capabilities (data, talent, and risk solutions) to every client through cross-department collaboration.

• Are professional qualifications required? While not strictly essential, being ACII or DipCII qualified is highly desirable for this senior-leaning role.

• What are Global Wellbeing Days? Two additional days off per year specifically dedicated to employee mental and physical health, independent of annual leave.

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Expert Analysis

In 2026, the MGA sector is the fastest-growing segment of the UK insurance market, with direct written premiums having grown significantly over the last few years. At Aon, this role is no longer just about “placing paper”; it is about Capital Advisory . MGAs are increasingly seeking “hybrid” fronting models, and an MGA Broker must understand how to leverage Aon’s $24B+ global scale to secure long-term, stable capacity for their clients.

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Location & Logistics Guide

The role is headquartered in the City of London, the primary global hub for reinsurance. Logistics involve frequent “face-to-face” negotiation sessions at Lloyd’s and nearby Company Market offices. Aon operates an agile model, allowing for hybrid work while maintaining three core days for collaboration in their state-of-the-art office. Wikipedia URL:https://en.wikipedia.org/wiki/Aon_(company

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Career Path

An MGA Broker at Aon typically moves into a Senior Vice President (SVP) or Account Executive role, taking full ownership of major global MGA accounts. From there, the path leads to Head of Segment or transitions into Reinsurance Analytics or Strategic Consulting , helping startup MGAs launch and secure their first “binder” agreements.