Insurance Broker (Financial Lines)

Insurance Broker (Financial Lines)

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
R

At a Glance

  • Tasks: Assist with policy renewals, risk management, and support senior management in insurance programs.
  • Company: Revantage is a Corporate Services affiliate of The Blackstone Group, focused on exceptional customer experiences.
  • Benefits: Enjoy health benefits, remote work options, and 25 days annual leave plus bank holidays.
  • Why this job: Join a culture of growth and leadership while making a positive impact in the insurance industry.
  • Qualifications: Bachelor’s degree in business or related field; 4-7 years experience in insurance risk management.
  • Other info: Spanish speakers preferred; work from anywhere for up to 10 days a year.

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

Who We Are

Revantage is a Corporate Services affiliate of The Blackstone Group, the world’s largest alternative investment firm. In Pursuit of Better, we deliver exceptional customer experiences to Blackstone and its portfolio companies that enable them to thrive. Revantage provides a highly skilled employee base and state-of-the-art technology to further our key focus on providing best in class Corporate Services to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.

What We Value – Our Culture

Creating a culture that inspires change and momentum requires the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be

  • Achievers – We expect high standards for ourselves and enable the success of our team
  • Enthusiasts – We face challenges with optimism and believe anything is possible
  • Leaders – We commit to continuously improve our performance
  • Learners – We learn from our challenges, successes and the diversity of our people
  • Partners – We deliver value and positive impact to our partner

Location

Located within the iconic Shard our office space reflects who we are and how we work, with collaboration and efficiency in mind.

Risk & Insurance Team

The Risk & Insurance team supports Blackstone Real Estate’s portfolio companies in building more resilient businesses by minimizing total cost of risk, optimizing risk management best practice, and leveraging scale to offer bespoke insurance and alternative risk transfer solutions.

What you’ll be doing:

  • Assist with the policy renewal process from the initial stage of compiling underwriting information and preparation of pre-renewal summary reports through negotiating policy terms and ensuring the correct coverage terms are reflected in policies
  • Assist with the onboarding process for a new acquisition to ensure portfolio is properly enrolled or maintains adequate coverage separately
  • Support portfolio companies with their risk management initiatives and proactively ensure they maintain comprehensive insurance if not part of the master insurance program
  • Work with brokers and third-party attorneys to ensure insurance programs comply with lender requirements
  • Develop a strong understanding of the nature of each portfolio business to ensure insurance programs continuously accommodate the changing needs of a growing portfolio
  • Support senior management in interpreting policy terms and conditions (including separate programs in play or partner’s programs)
  • Assist with preparing presentations for senior management in making recommendations for renewing current programs, implementing new programs, and one-off transactions as required by the business
  • Support the analysis of loss data to identify loss trends and recommend corrective measures to control, reduce or eliminate future losses
  • Lead loss improvement efforts including managing carrier demands and property manager relationships to ensure recommendations are considered and there is fluid communication between all stakeholders.
  • Responsible for maintaining the risk management information system platform and other technology systems to ensure data integrity to be upheld.

Skills and Requirements

  • Bachelor’s degree with a concentration in business, insurance and/or risk management
  • 4-7 years\’ experience in an insurance risk management department, brokerage firm, or insurance company
  • Prior experience of Financial Lines (Cyber, D&O, Crime)
  • Spanish speaker preferrable but not mandatory
  • Strong oral and written communication skills
  • Ability to analyse financial information
  • Ability to create concise reporting for senior management
  • Working towards a CII certification
  • Proficient in Excel, Word, and PowerPoint.
  • Knowledge and experience using Risk Management Information Systems

What We Offer You

Health Benefits

  • Full Bupa Health, Dental and Mental Health cover
  • Life Insurance through Canada Life
  • Eye Test and Spectacles Vouchers

Wellbeing

  • Competitive maternity and paternity leave policies
  • Expert counselling, therapy, and executive coaching through our mental health partner, Myndup
  • 25 Days Annual Leave + Bank Holidays
  • Birthday Leave
  • Work From Anywhere – work remotely anywhere in the world for up to 10 days of the year

Financial

  • Private Workplace Pension with Hargreaves Lansdown
  • Travel Insurance
  • Cycle Scheme
  • Technology Scheme
  • Season Ticket Loan
  • Gym Membership Discount

Insurance Broker (Financial Lines) employer: Revantage UK, A Blackstone Portfolio Company

At Revantage, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters growth and collaboration within our iconic Shard office. Our commitment to employee well-being is reflected in our comprehensive health benefits, generous leave policies, and unique opportunities for professional development, ensuring that our team members thrive both personally and professionally while contributing to the success of Blackstone's diverse portfolio.
R

Contact Detail:

Revantage UK, A Blackstone Portfolio Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Broker (Financial Lines)

✨Tip Number 1

Familiarize yourself with the specific insurance products related to Financial Lines, such as Cyber, D&O, and Crime. Understanding these areas will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the insurance and risk management sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the position.

✨Tip Number 3

Stay updated on current trends and challenges in the insurance industry, especially those affecting real estate portfolios. This knowledge will allow you to engage in meaningful conversations during interviews and showcase your expertise.

✨Tip Number 4

Prepare to discuss your experience with risk management information systems and how you've used them to maintain data integrity. Highlighting your technical skills will set you apart from other candidates.

We think you need these skills to ace Insurance Broker (Financial Lines)

Insurance Policy Analysis
Risk Management
Financial Lines Expertise (Cyber, D&O, Crime)
Negotiation Skills
Data Analysis
Communication Skills
Report Writing
Knowledge of Risk Management Information Systems
Stakeholder Management
Attention to Detail
Proficiency in Excel, Word, and PowerPoint
Problem-Solving Skills
Ability to Work Under Pressure
Team Collaboration
Spanish Language Proficiency (Preferred)

Some tips for your application 🫡

Understand the Company Culture: Before applying, take some time to understand Revantage's culture and values. Highlight how your personal values align with their commitment to excellence, learning, and partnership in your application.

Tailor Your CV: Make sure your CV reflects your experience in insurance risk management, particularly in Financial Lines. Emphasize relevant skills such as policy negotiation, risk analysis, and communication abilities that match the job description.

Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role of Insurance Broker and how your background makes you a perfect fit for Revantage. Use specific examples from your past experiences to demonstrate your capabilities.

Highlight Relevant Experience: When detailing your work history, focus on your 4-7 years of experience in insurance risk management or brokerage. Mention any specific projects or achievements that showcase your ability to manage insurance programs and support senior management.

How to prepare for a job interview at Revantage UK, A Blackstone Portfolio Company

✨Understand the Company Culture

Before your interview, take some time to research Revantage's culture and values. They emphasize being Achievers, Enthusiasts, Leaders, Learners, and Partners. Be prepared to discuss how your personal values align with theirs and provide examples from your past experiences.

✨Showcase Your Industry Knowledge

Given the focus on Financial Lines, make sure you can speak confidently about Cyber, D&O, and Crime insurance. Prepare to discuss recent trends in these areas and how they might impact the portfolio companies you would be working with.

✨Prepare for Technical Questions

Expect questions that assess your analytical skills and understanding of risk management. Be ready to explain how you would approach policy renewals, loss data analysis, and compliance with lender requirements. Use specific examples from your previous roles to illustrate your expertise.

✨Demonstrate Communication Skills

Strong oral and written communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely. You may also be asked to prepare a presentation, so consider how you would structure your recommendations for senior management effectively.

Insurance Broker (Financial Lines)
Revantage UK, A Blackstone Portfolio Company
R
Similar positions in other companies
Europas größte Jobbörse für Gen-Z
discover-jobs-cta
Discover now
>