At a Glance
- Tasks: Join our Construction team to facilitate insurance placements and manage client relationships.
- Company: We are a thriving firm in the insurance industry, focused on innovation and client satisfaction.
- Benefits: Enjoy hybrid work options and a dynamic work environment that fosters growth.
- Why this job: This role offers hands-on experience in a fast-paced industry with opportunities for travel and professional development.
- Qualifications: Strong communication skills, attention to detail, and a proactive mindset are essential.
- Other info: Candidates should embody our core values: Accountable, Entrepreneurial, Collaborative, Empowering, and Disciplined.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for a driven individual, to join our thriving Construction team, facilitating the placement of insurance and reinsurance contracts in accordance with the client’s requests and regulatory requirements.
This role can be based in London with the opportunity to work from home in a hybrid fashion.
Key Responsibilities & Accountabilities:
The successful candidate will have the opportunity to assist with the placement of designated risks, including production of documentation, and maintenance throughout the risk life cycle (Underwriting Submissions, market Reform Contracts, Wordings, Endorsements). This includes:
- Maintaining and enhance knowledge of the insurance marketplace, trends and cycles in order to capitalise on market opportunities
- Developing and managing client relationships – overseas travel may be required
- Developing and managing relationships with market representatives i.e. Underwriters, other Brokers
- Assisting with production of data and submission documentation for underwriters
- Ensuring that accounts are serviced efficiently and professionally
- Demonstrating ability to communicate technical knowledge to various stakeholders
- Maintaining up-to-date working knowledge of regulatory requirements
- Reporting breaches, errors and omissions, disputes and complaints
- Interacting and collaborating with other divisional units
- Adhering to company and regulatory policies, procedures together with mandatory training requirements
- Adhering to financial reporting requirements including monthly phasing of income
What we’re looking for:
- Strong persuasive and influencing skills
- Client facing and customer focused with excellent interpersonal and written communication skills
- Excellent IT & organisational skills
- Ability to perform effectively to tight deadlines with good personal organisation and time management skills
- Anticipates problems in advance and makes contingencies
- Proactive, always looking for ways of delivering a better or more efficient service
- Communicates clearly; effectively contributes to the team and interacts with others
- Excellent attention to detail and ability to plan meticulously
- Personally demonstrate the five BMS values and ensure that team members are aligned with these:
- Accountable
- Entrepreneurial
- Collaborative
- Empowering
- Disciplined
Senior Broker - Construction employer: BMS Group
Contact Detail:
BMS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Broker - Construction
✨Tip Number 1
Familiarize yourself with the latest trends and cycles in the insurance marketplace. This knowledge will not only help you understand the industry better but also enable you to identify and capitalize on market opportunities during your interviews.
✨Tip Number 2
Network with professionals in the construction insurance sector. Building relationships with underwriters and other brokers can provide you with valuable insights and potentially lead to referrals or recommendations for the position.
✨Tip Number 3
Demonstrate your client-facing skills by preparing examples of how you've successfully managed client relationships in the past. Be ready to discuss specific situations where your persuasive and influencing skills made a difference.
✨Tip Number 4
Showcase your organizational skills by discussing how you manage tight deadlines and prioritize tasks. Prepare to share strategies you've used to anticipate problems and create contingencies, as this aligns with the proactive approach they are looking for.
We think you need these skills to ace Senior Broker - Construction
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Broker - Construction position. Make sure you understand the key responsibilities and the skills required, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in insurance and reinsurance, particularly in construction. Provide specific examples of how you've successfully managed client relationships and handled documentation throughout the risk life cycle.
Showcase Your Skills: Demonstrate your strong persuasive and influencing skills in your application. Use clear examples to illustrate your excellent interpersonal and written communication skills, as well as your ability to work under tight deadlines.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your understanding of the company’s values and how you embody them. Mention your proactive approach to problem-solving and your commitment to delivering efficient service.
How to prepare for a job interview at BMS Group
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the insurance marketplace, including current trends and cycles. This will show that you are proactive and can capitalize on market opportunities.
✨Highlight Client Relationship Skills
Prepare examples of how you've developed and managed client relationships in the past. Be ready to discuss any overseas travel experiences and how they contributed to successful outcomes.
✨Communicate Technical Knowledge Effectively
Practice explaining complex insurance concepts in simple terms. This will help you demonstrate your ability to communicate with various stakeholders, which is crucial for this role.
✨Emphasize Attention to Detail
Be prepared to discuss how you ensure accuracy in documentation and compliance with regulatory requirements. Highlight any specific processes you follow to maintain meticulous planning and organization.