At a Glance
- Tasks: Manage the claims process from advice to settlement, supporting senior team members.
- Company: BMS Group, a global independent broker with a dynamic and collaborative culture.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity to work in a fast-paced environment with excellent career growth potential.
- Why this job: Join a respected team and make a real impact in the marine insurance sector.
- Qualifications: London Market Claims experience and strong communication skills required.
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: To deal with all aspects of the claims process from advice through to settlement as directed by your Head of Department.
Key Responsibilities & Accountabilities:
- Assisting Senior team members and Brokers with claims handling process
- Create and maintain claims/accounts files
- Input document details on to the in-house system
- Assess and process claims and premiums
- Produce and send advice, collection, premium and treaty documentation
- Broke advices and collections to London Market where appropriate
- Obtain agreement to advices and collections via ECF system
- Produce accurate statistics where required
- Deal with market, client and internal queries
- Conduct business meetings with clients and reinsurers
- General office duties and ad hoc tasks as required
- Adhere to company and regulatory policies & procedures together with mandatory training requirements.
- Adhere to financial reporting requirements including monthly phasing of income.
Experience:
- London Market Claims experience required, preferably with some North American Marine
- Previous ECF & IMR experience required
- Effectively contribute to the team and interact with others
- Strong communication skills and the ability to communicate effectively both verbally and in writing
- Ability to use ones own initiative to work out any problems, which may arise
Functional & Behavioural Competencies required:
- Professional attitude to work
- Punctual and Conscientious
- Shows enthusiasm
- Personally demonstrate the five BMS values and ensure that team members are aligned with these:
- Accountable
- Entrepreneurial
- Collaborative
- Empowering
- Disciplined
Claims Broker - Marine in London employer: BMS Group
BMS Group is an exceptional employer, offering a dynamic and collaborative work environment that fosters professional growth and innovation. With a strong focus on employee development and a commitment to delivering tailored solutions for clients, our team members enjoy the freedom to excel in their roles while being supported by a culture that values accountability and entrepreneurial thinking. Located in a global hub, employees benefit from diverse opportunities and a rich network of industry expertise, making BMS the ideal place for those seeking meaningful and rewarding careers in the marine claims sector.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Broker - Marine in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and marine sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research BMS Group and understand their values and services. We want you to show how your experience aligns with their needs, especially in claims handling. Practice common interview questions and have your own ready to go!
✨Tip Number 3
Follow up after your interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We recommend mentioning something specific from your conversation to make it personal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged with our brand. Let’s get you that job!
We think you need these skills to ace Claims Broker - Marine in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that are relevant to the Claims Broker role. Highlight your London Market Claims experience and any specific knowledge of North American Marine, as this will catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background aligns with our values at BMS Group. Show us your enthusiasm and entrepreneurial spirit!
Be Clear and Concise:When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, so avoid jargon and make sure your key achievements stand out.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at BMS Group
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of the claims process, especially in the marine sector. Be ready to discuss specific cases you've handled and how you approached them. This shows that you not only understand the theory but also have practical experience.
✨Showcase Your Communication Skills
Since strong communication is key for this role, prepare examples that highlight your ability to communicate effectively with clients and colleagues. Think about times when you resolved a complex issue through clear communication—this will demonstrate your fit for the collaborative environment at BMS.
✨Demonstrate Your Initiative
Be prepared to share instances where you took the initiative to solve problems or improve processes. This aligns with the entrepreneurial spirit BMS values. Think of specific examples where your proactive approach made a difference in your previous roles.
✨Align with BMS Values
Familiarise yourself with BMS's core values: Accountable, Entrepreneurial, Collaborative, Empowering, and Disciplined. During the interview, weave these values into your responses to show that you not only understand them but also embody them in your work ethic.