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- Tasks: Manage the end-to-end process of Delegated Authority business and support new business onboarding.
- Company: Join a dynamic team in the insurance sector focused on North American markets.
- Benefits: Enjoy opportunities for personal development and a supportive work environment.
- Why this job: Be part of a crucial team that impacts business growth and compliance in a fast-paced industry.
- Qualifications: No specific experience required, but a keen interest in insurance and excellent communication skills are essential.
- Other info: Ideal for high school and college students looking to kickstart their career in insurance.
The predicted salary is between 36000 - 60000 £ per year.
An integral appointment within the Delegated Authority unit responsible for the end to end process management of Delegated Authority business, primarily originating from North America. To provide comprehensive, timely and accurate DUA support to the Directors and wider Broking team in support of new business onboarding and account renewal.
Create and prepare Binding Authorities, lineslips, open market slips, slip endorsements and policy wordings, with particular emphasis on North American business.
Monitoring and resolution of Coverholder audits via the Lloyd’s Delegated Audit Manager system, working directly with both Coverholders and Managing Agent Delegated Underwriting Teams.
Run ad-hoc compliance projects as required.
Adhere to company and regulatory policies, procedures together with mandatory training requirements.
Excellent telephone manner.
Demonstrate commitment to continuous personal and professional development through active participation in development events.
Understanding of the process and procedures within the insurance market.
Broker and Support Technicians employer: BMS Group
Contact Detail:
BMS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker and Support Technicians
✨Tip Number 1
Familiarise yourself with the North American insurance market, especially the nuances of Delegated Authority. Understanding the specific regulations and practices will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals already working in Broker Support or Delegated Underwriting roles. Attend industry events or webinars to make connections and gain insights that could be beneficial for your application.
✨Tip Number 3
Brush up on your technical skills related to creating Binding Authorities and policy wordings. Being able to discuss these processes confidently can set you apart from other candidates.
✨Tip Number 4
Demonstrate your commitment to continuous professional development by mentioning any relevant courses or certifications you've completed. This shows your dedication to staying updated in the field.
We think you need these skills to ace Broker and Support Technicians
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Broker Support & Delegated Underwriting Technician. Familiarise yourself with terms like Binding Authorities and Coverholder audits, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in the insurance market or roles that involved compliance projects. Use specific examples to demonstrate your understanding of the processes and procedures relevant to the position.
Showcase Communication Skills: Since the role requires an excellent telephone manner, include examples of how you've effectively communicated in past roles. This could be through customer service experiences or team collaborations.
Express Commitment to Development: Mention any professional development activities you've participated in, such as training sessions or workshops related to underwriting or compliance. This shows your commitment to continuous improvement, which is valued in this role.
How to prepare for a job interview at BMS Group
✨Know Your Insurance Basics
Make sure you have a solid understanding of the insurance market, especially regarding Delegated Authority and North American business. Brush up on key terms and processes, as this knowledge will be crucial during your interview.
✨Showcase Your Attention to Detail
Since the role involves creating and preparing various documents like Binding Authorities and policy wordings, be prepared to discuss how you ensure accuracy in your work. Share examples from past experiences where your attention to detail made a difference.
✨Demonstrate Your Communication Skills
An excellent telephone manner is essential for this position. Practice articulating your thoughts clearly and confidently. You might even want to prepare for common questions about how you handle client interactions or resolve conflicts.
✨Highlight Your Commitment to Development
The company values continuous personal and professional development. Be ready to talk about any relevant training or development events you've participated in and how they have contributed to your skills in the insurance sector.
