At a Glance
- Tasks: Coordinate risk placements and support business relationships in a dynamic team.
- 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 respected team and make a real impact in the insurance industry.
- Qualifications: Understanding of London Market insurance processes and excellent communication skills.
The predicted salary is between 29700 - 36300 £ 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 Account Handler role sits within our North American D&F team to co-ordinate all risk placements from cradle to grave and support the Directors of the business unit in respect of serving existing and new business relationships.
Key Responsibilities & Accountabilities
- Coordinates placement of risks, including production of documentation to assist placement & maintenance throughout the risk life cycle (underwriting submissions, market reform contracts, wordings, endorsements)
- Plays a highly active role/relationship with clients via email, telephone & face-to-face, dealing with Client, Underwriter & Market Representative queries
- Ensures that accounts are serviced efficiently and professionally – Workbench entries, due diligence checks, creates MRC slips, policy wordings and Underwriter submissions; deals with slip endorsements
- Monitors & maintains workflow, budgetary records, debit notes & policy wordings; operates a paperless filing system & strives to streamline processes
- Production and monitoring of renewal reports
- Monitoring credit control report (liaising with brokers, markets, and internal terms to ensure reports are kept up-to-date)
- Ensures excellent service and compliance using meticulous checking and organisation; processes annual compliance on Atlas
- Maintains up-to-date working knowledge of regulatory requirements (Contract Certainty, LMBS)
- Enable and encourage interaction and collaboration within the team and other divisional units
- Adhere to company and regulatory policies & procedures together with mandatory training requirements.
- Adhere to financial reporting requirements including monthly phasing of income.
- 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
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 dependents
- complimentary annual health checks
- access to a virtual 24hr GP
- gym subsidy & dedicated wellbeing support
- retail discounts
- opportunity to purchase equity
- defined contribution pension
- extra day’s leave to celebrate your birthday
Through our Diversity, Equality 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.
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Account Executive (North American D&F) employer: BMS Group
BMS Group is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary, comprehensive benefits including private medical cover, and a commitment to diversity and inclusion. With a collaborative work culture and flexible hybrid working options, employees are empowered to thrive in their roles while contributing to meaningful projects that protect vital information security. The company’s dedication to continuous improvement and community engagement through initiatives like the 'BMS Together' programme further enhances the rewarding experience of being part of this dynamic global team.
