At a Glance
- Tasks: Provide efficient technical processing and maintain accurate documentation for insurance services.
- Company: Join BMS Group, a dynamic global broker with a collaborative culture.
- Benefits: Gain valuable experience in a supportive environment with opportunities for growth.
- Other info: Opportunity to work on exciting projects and build professional relationships.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: Strong communication, organisation skills, and knowledge of Excel required.
The predicted salary is between 30000 - 40000 € 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: The Binders Technician is responsible for providing an efficient and effective Technical Processing service to the business whilst adhering to Regulatory, Risk and Compliance requirements.
Responsibilities:
- Maintain up to date & accurate documentation, files, excel spread-sheets relating to the particular facility.
- Deal with incoming enquiries from Clients, Underwriters and third parties.
- Signing such Premiums Bordereaux via Xchanging.
- Handle any or all queries from Xchanging when signing such Premium Bordereaux.
- Ensure all KPI’s are met.
- Adhere to company and regulatory policies, procedures together with mandatory training requirements.
- Assess incoming processing requests for completeness and take the appropriate actions.
- Produce accurate and complete client and market documentation.
- Process Premium bordereaux and obtain agreement where required.
- Maintain the status of processing requests within the SLA tracking tool.
- File relevant documentation electronically as per the agreed structures and standards.
- Undertake a Second Pair of Eyes Check ensuring all processing errors are highlighted to the relevant Premium Technician.
- Liaise with clients, underwriters, business units and Insurance Business Accounts (IBA) to resolve queries.
- Assist with ad-hoc projects as and when required.
- Exhibit behaviours that are consistent with the shared values of the BMS Group.
- Proactively promote the benefits of BMS Group both internally and externally.
Functional & Behavioural Competencies required:
- Good communication and organisation skills.
- Good technical and industry knowledge.
- Ability to multi-task and meet processing SLA’s / project deadlines.
- The ability to exercise challenge or escalate issues as appropriate.
- Ability to build and maintain positive working relationships within and across the Group.
Experience required:
- Knowledge of Sequel Eclipse Broking is advantageous.
- Good working knowledge of MS Word and advanced working knowledge of Excel (e.g. Pivot tables and complex formulas).
- Knowledge of LORs is advantageous but not essential.
Premium Technician (Binders) - 6 month Fixed Term Contract in London employer: BMS Group
BMS Group is an exceptional employer that fosters a dynamic and collaborative work environment, where employees are encouraged to innovate and excel in their roles. With a strong commitment to professional development, our team members benefit from tailored training opportunities and the chance to work alongside industry experts in a global setting. Located in a vibrant area, we offer a supportive culture that values individual contributions and promotes a healthy work-life balance, making BMS Group the ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Premium Technician (Binders) - 6 month Fixed Term Contract in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance 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 thoroughly and understand their values and services. We want you to show how your skills align with their needs, especially in technical processing and compliance. Practice common interview questions and have your own ready to ask.
✨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, it shows you’re serious about joining the BMS team. Let’s get you that Premium Technician role!
We think you need these skills to ace Premium Technician (Binders) - 6 month Fixed Term Contract in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Premium Technician role. Highlight your relevant experience and skills, especially in technical processing and compliance. We want to see how you can bring value to our team!
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 needs. Keep it concise but engaging – we love a good story!
Show Off Your Skills:Don’t forget to showcase your technical skills, especially with Excel and any relevant software like Sequel Eclipse Broking. We’re looking for someone who can hit the ground running, so let us know what you can do!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at BMS Group
✨Know Your Stuff
Make sure you brush up on your technical knowledge related to the insurance and reinsurance industry. Familiarise yourself with terms like 'Premium Bordereaux' and 'Sequel Eclipse Broking'. This will show that you're not just interested in the role, but that you understand the nuances of the business.
✨Showcase Your Organisation Skills
Since the role requires maintaining accurate documentation and files, be prepared to discuss how you stay organised. Bring examples of how you've managed multiple tasks or projects in the past, especially under tight deadlines. This will demonstrate your ability to meet SLAs and manage your time effectively.
✨Communicate Clearly
Good communication is key in this role. Practice articulating your thoughts clearly and concisely. During the interview, make sure to listen actively and respond thoughtfully to questions. This will help you build rapport with the interviewers and show that you can liaise effectively with clients and underwriters.
✨Be Ready for Scenarios
Prepare for situational questions where you might need to demonstrate how you'd handle specific queries or challenges. Think about times when you've had to resolve issues or escalate matters appropriately. This will highlight your problem-solving skills and your ability to work collaboratively within a team.
