At a Glance
- Tasks: Coordinate risk placements and assist in client relationship management within a dynamic team.
- Company: BMS, a global independent broker with a strong local focus and innovative approach.
- Benefits: Competitive salary, 27 days holiday, private medical cover, gym subsidy, and retail discounts.
- Other info: Flexible working policies and commitment to diversity and inclusion.
- Why this job: Join a respected team and make a real impact in the insurance industry.
- Qualifications: Strong communication skills and a willingness to learn about insurance and reinsurance.
The predicted salary is between 30000 - 40000 £ per year.
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. Coupled with our collaborative team approach, single platform worldwide and renowned personal service, we are the independent broker of choice.
This role sits within our Property & Casualty Reinsurance division in London, coordinating placement of risks including production of documentation to assist placement and maintenance throughout the account risk life cycle, including Underwriting submissions, market reform contract, wordings, endorsements, client visit schedules/packs, Whitespace & Workbench platforms.
- Liaise with Account Executives to assist in coordinating client visits.
- Stay apprised of new systems/software and successfully onboard into the team.
- Ensure that accounts are serviced efficiently and professionally.
- Work with Account Executives to develop and maintain client relationships.
- Assist Account Executives with new business prospecting activities.
- Assist Account Executives to develop and manage relationships with market representatives.
- Adhere to company and regulatory policies, procedures together with mandatory training requirements.
- Communicates clearly and networks assertively and effectively.
- Flexible to the team’s needs in regard to their day to day duties.
This is a permanent role, offering competitive salary and bonus, 27 days holiday plus access to our personalized benefits platform, Your Rewards, including:
- Comprehensive private medical cover for you and your dependents.
- Access to a virtual 24hr GP.
- Gym subsidy & dedicated wellbeing support.
- Retail discounts.
- Defined contribution pension.
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.
Junior Broker in London employer: BMS Group
BMS is an exceptional employer that fosters a dynamic and inclusive work culture, offering a competitive salary and comprehensive benefits including private medical cover, gym subsidies, and a robust pension plan. Located in London, our collaborative environment encourages professional growth through innovative training programmes and flexible working options, making it an ideal place for aspiring Junior Brokers to thrive and contribute to meaningful client relationships while engaging in charitable initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Broker in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BMS Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Broker in London
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.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BMS Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨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.
