Broking Assistant

Company Overview

Munich Re Specialty North America is a leading expert in understanding and connecting US coverholders and brokers to flexible and innovative insurance solutions. We are also a registered Lloyd’s Broker. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world. We are specialists in offering expertise in underwriting, broking and capacity management for US Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through in-house binding authorities, while providing customers with access to Lloyd’s, London Market companies, and Munich Re owned capacity in Germany and the US.

Why Join Us?

We are a responsible employer, with a reputation for innovation and adding value in the insurance distribution chain. As our business continues to grow, we are committed to expanding our team and provide development opportunities to ensure we are always supporting our people in their career journey. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work-life balance initiatives (including hybrid working), financial wellbeing packages as well as training, development and career opportunities.

Purpose of the Position

To work with and be part of the Broking Team and provide support to aid the placement of new and renewal business and enhance performance of Lloyd’s business.

Duties and Responsibilities

• Work with the Broking Department team and assist in the preparation of material for presentation to Underwriters and Clients.
• Assist the team to build, develop and manage existing business relationships.
• Assist the team in binding authority placement process by maintaining the Broking Checklist, Business plan, completing market sheets and TCF forms, and clearing temporary table transactions.
• Assist in the production and presentation of statistical and data analysis relating to the performance of the Lloyd's Contracts including distribution to Underwriters.
• Assist in the enhancement of MRS-NA data and reporting capabilities in conjunction with the IT team.
• Liaise with other Departments to resolve any queries.
• Provide assistance to the Broking team as required in order to achieve the departmental objectives.
• Abide by the policies and procedures of Bell & Clements Ltd.

Skills and Experience

• Good communication skills, including verbal and written.
• Strong analytical and numerical skills.
• Awareness of the industry and market.
• Collaborative, team player.
• Innovative thinker, actively seeks out new and better ways of doing things.
• Relationship builder internally within the business and externally.
• Results, solution, and delivery oriented.
• Ability to prioritise, multitask, work under pressure and meet deadlines.

Benefits

• This position is offered on a Permanent basis.
• Annual salary will be dependent on the skills and experience of the successful candidate.
• Annual leave – 25 days per year (plus bank holidays), which increases with length of service.
• Health & Wellbeing – our offering includes private medical insurance for employees, their partners and their families, a Digital GP service and an annual allowance (currently £550) for activities that support health and wellbeing.
• Hybrid and remote working – we have introduced hybrid working to support your work balance.
• Flexible working hours – the opportunity to flex your working hours.
• Professional Qualification Support (discretionary) – financial support covering the cost of professional qualifications, including institute membership, exams, study materials and completion bonuses.
• Generous gender-neutral family leave policy – employees with 26 weeks’ continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay.
• Team fun – warm and social culture with regular get-togethers.

Equal Employment Opportunity

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.