At a Glance
- Tasks: Provide expert insurance consulting to top financiers and their legal teams.
- Company: Leading insurance consultancy with a global client base and a strong reputation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with industry leaders and grow your career.
- Why this job: Join a high-profile team and make a real impact in the finance sector.
- Qualifications: Strong analytical skills and a passion for insurance and finance.
The predicted salary is between 50000 - 60000 € per year.
We are looking for an Insurance Consultant to work within a high profile team to provide insurance consulting services to financiers and their legal counsel. BMS acts exclusively for financiers, advising on the effectiveness of Owners’ and Operators’ insurance programmes and transferring risk to insurers on behalf of more than 100 financial institutions worldwide. Our scale, experience and specialist focus mean we are widely regarded as leaders in our field, working with many of the world’s top financial institutions and operating entirely without conflict, with a clear understanding of financiers’ priorities.
With a global client base across the UK, Europe and key finance and shipping hubs in Asia, our consulting, broking and claims teams form the largest specialist group in this sector. For over 25 years, we have led the development and refinement of insurance structures for shipping and offshore finance, combining deep technical expertise and long-standing market relationships to deliver practical, commercial outcomes for our clients.
Key Responsibilities:
- Review Owners or Charterers vessel insurances with the aim of producing written reports for Lenders or Lessors advising on the adequacy of the insurances.
- Assist Lenders or Lessors (and/or their legal counsel) in dealing with points raised in the insurance reports.
- Review, in conjunction with the legal counsel for Lenders and Lessors, the insurance covenants in financing documents.
- Provide general insurance advice (written or oral) to Lenders, Lessors and their legal counsel on current market issues.
- Maintain and build on existing client relationships, ensuring the highest standards of integrity and client service are maintained in all the Company’s dealings.
- Adhere to company and regulatory policies, procedures together with mandatory training requirements.
Insurance Consultant - BankServe employer: BMS Group
BMS is an exceptional employer, offering a dynamic work environment in London where innovation and expertise thrive. With a strong focus on employee development, we provide ample opportunities for growth within our high-profile consultancy team, ensuring that our staff are equipped with the skills needed to excel in the insurance sector. Our commitment to integrity and client service, combined with our global reach and specialist focus, makes BMS a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Consultant - BankServe
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise.
✨Tip Number 2
Prepare for interviews by researching the company and its clients. Understand their needs and how you can provide value as an Insurance Consultant. Tailor your responses to highlight your relevant experience.
✨Tip Number 3
Practice your pitch! Be ready to explain why you’re the perfect fit for the role. Focus on your skills in reviewing insurance covenants and providing advice, as these are key to impressing the interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Insurance Consultant - BankServe
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Insurance Consultant role. Highlight relevant experience and skills that match the job description, especially your expertise in insurance consulting and client relationship management.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this position. Use it to showcase your passion for the insurance industry and how your background aligns with our mission at StudySmarter.
Showcase Your Technical Skills:Since we’re looking for someone with deep technical expertise, don’t shy away from mentioning specific tools or methodologies you’ve used in previous roles. This will help us see how you can contribute to our team right away.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at BMS Group
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of insurance programmes, especially those related to shipping and offshore finance. Familiarise yourself with the key terms and concepts that are relevant to the role, as this will show your potential employer that you're serious about the position.
✨Prepare for Scenario Questions
Expect to be asked how you would handle specific situations, such as advising a lender on an insurance report. Think through some scenarios in advance and prepare your responses. This will help you demonstrate your problem-solving skills and your ability to think on your feet.
✨Showcase Your Client Relationship Skills
Since maintaining client relationships is crucial for this role, be ready to discuss your experience in building and managing client relationships. Share examples of how you've successfully navigated challenges or provided exceptional service in previous roles.
✨Understand the Company’s Values
Research BankServe and understand their mission and values. Be prepared to explain how your personal values align with theirs. This will not only show your interest in the company but also help you stand out as a candidate who fits well within their culture.
