At a Glance
- Tasks: Coordinate risk placements and provide tailored insurance solutions for renewable energy clients.
- Company: BMS Group, a global independent broker with a collaborative culture.
- Benefits: Competitive salary, 27 days holiday, private medical cover, and gym subsidies.
- Other info: Flexible working options and commitment to diversity and inclusion.
- Why this job: Join a dynamic team and make a real impact in the energy sector.
- Qualifications: Understanding of London Market insurance processes and excellent communication skills.
The predicted salary is between 40000 - 50000 £ per year.
About BMS Group
BMS is a dynamic, independent, global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. We are a global brand with offices located across the US, Canada, Latin America, Australia, Europe and Asia with both a strong, local focus and understanding of market needs. Our teams are respected globally for their specialist market knowledge, intelligent analysis and insight. Our people strive to be 'the best in class' and with an innovative approach and their entrepreneurial thinking, our clients truly benefit from better solutions to policy development and placement. Being independent makes a key difference to our clients, giving our brokers the freedom to deliver the best solutions, tailored to meet their business needs. Coupled with our collaborative team approach, single platform worldwide and renowned personal service, we are the independent broker of choice.
Summary of Position
This role sits within our Energy Property team handling power and utility business for U.S. and international clients. Main focus initially will be for renewable energy clients, predominantly U.S. based providing operational and construction coverages.
Key Responsibilities & Accountabilities
- Co-ordinate placement of risks with brokers, production of documentation to enable the placement of Energy risks and maintenance throughout the risk life cycle (including underwriting submissions, Market Reform Contracts, wordings, endorsements)
- Demonstrate excellent technical knowledge and ability to communicate this to various audiences (Insureds, Clients, Underwriters and Colleagues)
- Ensure accounts are serviced efficiently and professionally using internal and external IT applications including Placing Platform Limited (PPL)
- Review and analysis of risk exposure data to assist brokers
- Creation of MRC slips, policy wordings and Underwriter submissions; produce slip endorsements for mid-term amendments; develop bespoke clauses and wordings to meet Clients' needs
- Complete internal processes to enable debit notes to be issued, resolve any queries raised by central processing teams, issue debit notes to client and monitor/ chase for receipt of premiums
- Monitors and maintains workflow and other internal data records including budgetary records
- Operates a paperless filing system and strives to streamline processes
- Ensures excellent service and compliance using meticulous checking and organisation
- Maintains up-to-date working knowledge of regulatory requirements
- Enables and encourages interaction and collaboration with other divisional units
- Build a relationship with clients via e-mail, telephone and face-to-face dealing
- Adhere to company and regulatory policies, procedures together with mandatory training requirements
What we're looking for
- An understanding of London Market insurance processes
- Familiarity with slip and endorsement content
- Excellent interpersonal and written communication skills
- Excellent IT & organisational skills
- Strong administration skills with the ability to use own initiative, taking ownership
- Ability to perform effectively to tight deadlines with good personal organisation and time management skills
- Anticipates problems in advance and makes contingencies
- Proactive, always looking for ways of delivering a better or more efficient service
- Communicates clearly; effectively contributes to the team and interacts with others
- Excellent attention to detail and ability to plan meticulously
- Personally demonstrate the five BMS values and ensure that team members are aligned with these:
- We put clients first
- We work as one
- We find a way
- We sweat the details
- We take ownership
What's in it for me?
This is a permanent role, offering a competitive salary and bonus, 27 days holiday, plus access to our personalised benefits platform, Your Rewards, including:
- comprehensive private medical cover for you and your dependants
- complimentary annual health checks
- access to a virtual 24hr GP
- gym subsidy & dedicated well being support
- retail discounts
- opportunity to purchase equity
- defined contribution pension
- extra day's leave to celebrate your birthday
Through our Diversity, Equity and Inclusion (DEI) vision, we are committed to 'building a culture of belonging for all, valuing diverse perspectives and embracing authenticity.' As such, we have created our 'BMS Together' programme, with dedicated training, collaborative committees and intentional partnerships. In support of our ESG vision, we offer two additional paid days each year to take part in charitable work. BMS offers flexible and hybrid working policies and we're happy to discuss options with you upon application. Please let our team know if you require any adjustments to support you through the application process.
Account Executive (Energy) employer: BMS Group
BMS Group is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the Energy Property team. With a strong commitment to employee well-being, we provide competitive salaries, comprehensive benefits, and opportunities for personal and professional growth, all while promoting a culture of diversity and inclusion. Our flexible working policies and focus on community engagement make BMS an attractive choice for those seeking meaningful and rewarding careers in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Account Executive (Energy)
✨Tap into Campus Networks
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We think you need these skills to ace Account Executive (Energy)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BMS Group.
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Research and Reflect:Before hitting that 'apply' button on BMS Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BMS Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BMS Group.
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✨Network with Industry Professionals
Before your interview, reach out to current or former BMS Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
