At a Glance
- Tasks: Manage global property insurance programmes and advise on insurance matters for real estate.
- Company: Join a leading investment management firm with a focus on real estate.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work in a global setting with excellent career growth.
- Why this job: Make a significant impact in the insurance sector of real estate investments.
- Qualifications: Experience in insurance within real estate and strong leadership skills required.
The predicted salary is between 70000 - 90000 £ per year.
Business Unit & Team: BNPP AM – Real Estate, within the Central Services Team (CST)
Reporting to: Global Head of Fund Accounting and Central Services
Location: London
Job Purpose
The critical central role involves managing and overseeing the global property insurance programme for BNPP AM – Real Estate and ensuring the real estate business has adequate corporate and Directors & Officers (D&O) insurance coverage.
Key Responsibilities
- Manage the global property insurance programme for BNPP AM – Real Estate's investment platform (Property Damages, Loss of Rent, Terrorism, Property Owner Liability) including:
- Reviewing and advising on the adequacy and completeness of cover offered by insurers
- Arranging and managing the global broker relationship to ensure adequate service and appropriate broker terms
- Efficient programme management including insurance policies, invoicing, and claims management
- Managing any property additions/disposals and advising on refinancings as relevant
- Arranging construction/refurbishment insurance as necessary
- Provide advice to the business teams on warranties & indemnities (W&I) insurance associated with transactions
- Collaborate with the BNP Paribas Group Insurance team to oversee the corporate insurance programme for BNPP AM – Real Estate, ensuring adequate Professional Indemnity and D&O policies
- Select and manage key global insurance brokers, ensuring a close working relationship, clear processes and performance measurement in line with agreed SLAs
- Advise the real estate business (Transactions, Asset Management, Legal teams) on insurance related matters and insurance clauses in specific contracts
- Advise business teams responsible for properties not currently in the Global Insurance Programme on procuring and managing appropriate insurance
- Document and publish processes for managing both property and corporate insurance programmes, including invoicing, billing, claims, acquisitions and sales
- Manage the Insurance Officer role in the Central Services Team
- Communicate effectively on insurance topics to the Real Estate business Management Board and provide an aggregated view at company level
- Handle all other topics related to insurance as required
Skills, Qualifications & Experience
Education / Qualifications
- University degree from a recognised institution
Relevant insurance market accreditation
Required Experience
- Significant demonstrated experience in insurance in a real estate context, ideally in a global setting
- Experience with real estate investment management companies or Real Estate Private Equity companies is desirable
- Experience managing staff and working in teams, with strong leadership and development skills
- Experience managing global insurance programmes
Knowledge and Skills
- Excellent knowledge across the requisite insurance lines (property, terrorism, PI, D&O, W&I, construction insurance) in a global context
- Advanced negotiation skills
- Ability to work within large global organisations
- Advanced presentation and communication skills
- Strong attention to detail
- Customer and service delivery orientated
- Rigorous, self‐motivated, organised and autonomous
- English language (written and verbal) essential; French language advantageous
Senior Insurance Specialist in London employer: BNP Paribas Asset Management
At BNPP AM, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London that fosters collaboration and innovation. Our commitment to employee growth is evident through comprehensive training programmes and opportunities for advancement within our global real estate team. With a strong focus on work-life balance and a supportive culture, we ensure that our employees are equipped to thrive both personally and professionally.
Contact Details:
BNP Paribas Asset Management Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and real estate sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its insurance programmes. Be ready to discuss how your experience aligns with their needs, especially in managing global insurance programmes. Show them you’re not just another candidate, but the right fit!
✨Tip Number 3
Follow up after 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. Plus, it’s a great chance to reiterate why you’re the best choice for the Senior Insurance Specialist position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you ace your application and connect with the right people. Plus, it’s the best way to ensure your application gets seen by the right folks at BNPP AM – Real Estate.
We think you need these skills to ace Senior Insurance Specialist in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Insurance Specialist role. Highlight your experience in managing global insurance programmes and any relevant qualifications. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Share specific examples of your experience in real estate insurance and how you've successfully managed relationships with brokers. Let your personality shine through!
Showcase Your Skills:Don’t forget to highlight your advanced negotiation skills and attention to detail in your application. We’re looking for someone who can communicate effectively and manage complex insurance topics, so make sure these skills are front and centre.
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 don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at BNP Paribas Asset Management
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of property insurance, D&O policies, and the specific lines mentioned in the job description. Being able to discuss these topics confidently will show that you're not just familiar with the basics but also understand the nuances of the role.
✨Showcase Your Experience
Prepare to share specific examples from your past roles where you've managed global insurance programmes or worked in real estate investment management. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements.
✨Demonstrate Leadership Skills
Since the role involves managing staff and collaborating with various teams, be ready to discuss your leadership style and how you've successfully led teams in the past. Think of instances where you've motivated others or resolved conflicts effectively.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's insurance strategies, their relationship with brokers, or how they handle claims management. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
