Property Broker

Job Description

Role Overview

As a Property Broker within Aon’s Central Region Commercial Broking team in Toronto, you will be at the heart of complex risk placement. This is a technical, high-impact role focused on middle-market to large global structured property programs. You won’t just be “selling” insurance; you will be an architect of risk transfer, designing coverage for massive physical assets and navigating global markets to secure capacity.

How You’ll Make an Impact

• Risk Engineering & Design: Dive deep into complex client risk profiles to analyze physical and financial exposures.

• Market Negotiation: Partner with domestic and international underwriters to negotiate terms, premiums, and manuscript wordings.

• Strategic Placement: Collaborate with Account Executives to create marketing strategies for renewals and prospective new business.

• Technical Leadership: Review and approve complex insurance documentation and mentor Associate Brokers within the unit.

• Relationship Management: Cultivate a deep network within the underwriting community to ensure Aon maintains “preferred” status for competitive placements.

Job Data Table

Category	Details
Company Name	Aon Corporation
Location	20 Bay Street, Toronto, ON M5J 2N8
Locality	Toronto Financial District
Country	Canada
Region	Central Region (Ontario)
Job Type	Full-time
Salaries	$83,200 – $120,000 CAD
Experience Level	Senior (7+ Years)
License Requirement	RIBO Licensed (Mandatory)

Skills & Competency Table

Skill / Competency	Level
Commercial Property Underwriting/Broking	Expert
Global Property Program Structuring	Advanced
Negotiation & Market Placement	Expert
Manuscript Policy Wording Analysis	Advanced
Mentorship & Team Leadership	Proficient
CRM & Digital Broking Tools	Proficient

Salaries Pay Calculator Table

Component	Amount	Notes
Annual Base Salary	$83,200 – $120,000	Dependent on experience and location
Incentives	Performance-based	Generous annual bonus eligibility
Time Off	Standard + 2 Days	Includes two “Global Wellbeing Days” annually
Retirement/Benefits	Comprehensive	Full Aon corporate benefits package
Total Rewards	$100k – $145k+ (Est.)	Includes base, bonus, and fringe benefits

Job Summary

This role is a rare opportunity to join Aon’s elite Central Region Broking Centre. You will manage the placement of high-value property risks, utilizing 7+ years of experience and a RIBO license to design creative insurance solutions. With a focus on technical excellence and mentorship, this position offers a clear path to senior leadership in global risk management.

FAQs

1. Is a degree required for this role?

The job description does not explicitly mandate a degree, but 7+ years of experience and a RIBO license are strictly required. Insurance designations (CRM, CIP, CAIB) are considered strong assets.

2. What is the specific focus of the “Property” desk?

You will work on structured property programs, which often involve “layered” or “quota share” placements for large physical assets and global portfolios.

3. Does Aon provide visa sponsorship for this role?

No. Applicants must be legally authorized to work in Canada. Aon will not sponsor or take over sponsorship of a work permit for this vacancy.

4. What are “Global Wellbeing Days”?

In addition to standard vacation, Aon provides all colleagues with two dedicated days off per year specifically to focus on mental and physical wellbeing.

5. Where is the office located?

The Central Region Broking Centre is based in downtown Toronto, though Aon supports “agile” working styles (hybrid models).

Expert Analysis: The Property Market in 2026

The Canadian property market in 2026 continues to face challenges from “Secondary Perils” like wildfire and localized flooding. As an Aon Property Broker, your value lies in your ability to present a client’s risk in a way that “unlocks” underwriter capacity. You’ll need to be proficient in reading Catastrophe (CAT) Modeling reports and explaining mitigation strategies to global markets.

Location & Logistics Guide

Located in the South Core of Toronto’s Financial District, the Aon office is steps away from Union Station. This is crucial because “The Market” (the cluster of major insurance companies) is all within walking distance. Successful property broking often involves face-to-face “market days” where you meet with multiple underwriters to “shop” a complex slip.

Wikipedia: Toronto Financial District

Career Path

From this role, a Property Broker typically advances to:

1. Senior Vice President, Property Practice Leader: Overseeing a specific industry vertical (e.g., Real Estate, Mining, or Power).

2. National Placement Leader: Managing the strategy for all property placements across Canada.

3. Global Client Executive: Transitioning from technical placement to managing the total Aon relationship for Fortune 500 clients.