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Graduate - Financial Institution Insurance

3 months ago


Leeds, Leeds, United Kingdom Bartlett Group Full time

Bartlett is on the lookout for a motivated and self-assured Graduate to become part of their team in the Financial Institutions Insurance sector. This division specializes in providing insurance for professional errors and omissions, as well as the personal liability of senior management. The role includes organizing Professional Indemnity, Management Liability, Crime, and Cyber insurance for companies in the investment management and broader financial services industry.

Ready to advance your career? Dive into the full job description below and submit your application.

As a new member of the team, you will assist senior team members, such as Account Executives, in advising our sophisticated clients on their insurance needs. You should possess a curious and problem-solving mindset, a proactive approach, and the ability to handle a variety of tasks and responsibilities efficiently within deadlines.

Working alongside seasoned finance, insurance, and legal professionals, you will acquire valuable skills, financial institution expertise, and insurance knowledge. By participating in the "Bartlett Academy" training program, you will earn professional qualifications certified by the Chartered Institute of Insurance. Your workspace will be a modern office equipped with state-of-the-art technology and amenities, including an on-site gym. You'll receive a competitive salary and benefits package as part of your rewards.

Our commitment lies in serving our clients, colleagues, and the company's best interests. We look for individuals who embody our core values of impact, passion, innovation, curiosity, courage, kindness, and integrity.

Financial Institutions Division Highlights:

  • Team members bring over 120 years of collective experience in the financial institutions and insurance sectors.
  • We are the largest division within the Bartlett Group, experiencing significant growth over the past decade.
  • Our top-notch products boast market-leading and sustainable Unique Selling Points, reflected in our exceptional 99% client retention rate.
  • We excel in maintaining detailed focus across all aspects and nurturing close, personal client relationships.
  • Our unrivaled reputation in the insurance market garners appreciation from both clients and insurers.
  • We offer exceptional career advancement and growth opportunities.
  • Operating across offices in Leeds (HQ), London, and Manchester, Bartlett also has a global presence with offices in the USA, Germany, Hong Kong, and Australia.

Client Base:

  • Diverse and high-quality clientele.
  • Mainly serving investment managers, hedge funds, private equity firms, corporate financiers, and stockbrokers managing substantial assets for worldwide investors.
  • Primarily located in London.
  • Our key contacts include heads of finance, heads of legal, and partners/directors—individuals of high sophistication and professionalism.

Core Responsibilities:

  • Assist senior team members in managing client relationships and accounts, attending client meetings as needed.
  • Collect and review underwriting information from clients, conduct thorough due diligence/Know Your Customer checks as part of our USP, and understand their insurance needs.
  • Negotiate in the Financial Institution insurance market, including Lloyd's of London, to procure competitive insurance terms.
  • Prepare policy documents, including Lloyd's slips, and client information materials.
  • Ensure accurate recording of all client details within internal systems.
  • Address client and insurer inquiries proactively, while keeping senior members informed appropriately to uphold high service standards.
  • Develop detailed technical expertise in the financial institutions sector, financial lines insurance products, and the broader insurance market.
  • Cultivate and maintain positive relationships with team members and the insurance industry.

Essential Personal Criteria:

  • A solid educational background, aiming for or achieving a first-class or 2:1 degree, preferably in Finance, Maths, Economics, or Law (relevant professional experience may also be considered).
  • Minimum of 3 months experience in office and client-facing roles, preferably in professional services.
  • Dependable and professional with strong work ethics, a presentable demeanor, and a positive, approachable personality coupled with a proactive attitude.
  • Driven to succeed, self-motivated, and a team player.

Ideal Personal Criteria:

High attention to detail, effective time management, and organizational skills.

  • Excellent verbal and written communication abilities.
  • Eagerness to learn and a naturally curious nature.
  • Strong customer service, communication, and negotiation skills.
  • Capability to remain composed under pressure, handling multiple inquiries simultaneously.
  • Problem-solving skills, showing initiative and commercial acumen.
  • Known for honesty, authenticity, and transparency.

Employee Benefits:

  • Competitive salary.
  • Enhanced pension contributions (5% employee, 7% employer).
  • Private Healthcare.
  • Income protection.
  • Wellbeing allowance for health and lifestyle expenses.
  • 25 days annual leave + bank holidays (option to buy/sell up to 5 additional days) with increased leave based on tenure.
  • Annual salary reviews.
  • Recently renovated office featuring an on-site gym with Peloton equipment, subsidized personal training sessions, yoga classes, showers, and a wellbeing library.
  • Regular social events like company gatherings and dining experiences.
  • Volunteering leave allotment.
  • Plus more perks.

Bartlett upholds equal employment opportunities and encourages applications from all qualified individuals irrespective of race, gender, disability, religion, sexual orientation, or age.

If you don't receive a response within 14 days after the application deadline, we regret to inform you that your application was unsuccessful this time.

This vacancy does not require agency support.

The application deadline is Friday 28th June 2024.