At a Glance
- Tasks: Provide expert insurance consulting services to top financial institutions and their legal teams.
- Company: Join BMS Group, a global leader in marine insurance with a collaborative culture.
- Benefits: Competitive salary, professional development, and a chance to work with industry leaders.
- Other info: Dynamic team environment with opportunities for growth and innovation.
- Why this job: Make a real impact in the marine insurance sector while building valuable client relationships.
- Qualifications: Understanding of marine insurance and strong organisational skills required.
The predicted salary is between 50000 - 70000 £ 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.
About the role: BankServe (part of 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 120 financial institutions worldwide. Our scale, experience and specialist focus mean we are widely regarded as leaders in our field, working with 15 of the world’s top 20 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.
We are looking for an Insurance Consultant to provide insurance consulting services to financiers and their lawyers including both written and oral advice.
Key Responsibilities & Accountabilities:
- Review Owners’ insurances, issuing required insurance reports commenting on the adequacy of the insurances.
- Give general insurance advice to bankers and their lawyers regarding the adequacy of Owners’ insurance.
- Work within high profile team responsible for providing insurance services to a significant number of the world’s leading shipping financers.
- 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.
Functional & Behavioural Competencies required:
- An understanding of Marine insurance with technical knowledge in this sector.
- Experience of taking responsibility for their own actions and the actions of others with little need for support.
- Excellent IT & organisational skills.
- Makes use of all available office tools to plan and keep track of work and events.
- Manages a range of tasks but maintains focus on deadlines and priorities.
- Anticipates problems in advance and makes contingencies.
- Advanced computer skills.
- Customer focused.
- Proactive, always looks for ways of delivering a better or more efficient service.
- Respectful and professional in all dealings with people at all levels.
- Excellent telephone manner.
- Resourceful in setting up new systems and processes.
- Good investigative and problem solving skills.
- Excellent attention to detail, and ability to plan meticulously.
Marine Insurance Consultant (BankServe) in London employer: BMS Group
BMS Group is an exceptional employer, offering a dynamic and collaborative work environment that fosters innovation and entrepreneurial thinking. As a Marine Insurance Consultant at BankServe, you will benefit from our strong global presence and extensive market knowledge, while enjoying opportunities for professional growth and development within a respected team dedicated to delivering tailored insurance solutions. Our commitment to integrity and client service ensures that you will be part of a company that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Marine Insurance Consultant (BankServe) in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like BMS Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like BMS Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Marine Insurance Consultant (BankServe) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at BMS Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at BMS Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at BMS Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at BMS Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at BMS Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding BMS Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
