Client Management Lead
1 month ago
About the role
We’re hiring
BMS are looking to recruit a Client Management Lead – Treaty to join the team in London.
The team works on a range of classes including Non-Marine Retro, Specialty, Marine and Energy business.
They are a global brand with offices located across the UK, US, Canada. Europe and Asia and are the independent broker of choice.
About BMS
BMS is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk.
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. Being independent gives our brokers the freedom to deliver the best solutions and combined with our collaborative team approach, single platform worldwide and renowned personal service, we are the independent broker of choice.
BMS Re are looking for a Client Management Lead for the Treaty team, who work alongside the brokers and clients.
BMS Re incorporates Facultative, Treaty and Capital Advisory and the role offers a unique environment to work alongside all three in a close and effective manner. A newly formed team with significant growth plans is an exciting place to work and offers any candidate the opportunity to excel in their strengths and develop new skills.
Skills and capabilities
- To facilitate the production and placement of reinsurance contracts in accordance with the clients’ requests, in accordance with regulatory requirements.
- Review and analyse client needs to determine appropriate product and desired terms and conditions for (re)insurance coverage.
- Manage placement of designated risks, including production of documentation to assist placement and maintenance throughout the risk life cycle (MRCs, Wordings, Endorsements).
- Develops and manages relationships with market representatives i.e. Underwriters, Brokers, Lloyd’s, Xchanging.
- Ensure that accounts are serviced efficiently and professionally.
- Demonstrate excellent technical knowledge and ability to communicate this to various audiences.
- Maintain and enhance knowledge of the insurance marketplace, trends and cycles in order to capitalise on market opportunities.
- Maintain up-to-date working knowledge of regulatory requirements.
- Report breaches, errors and omissions, disputes and complaints.
- Adhere to company and regulatory policies, procedures together with mandatory training requirements.
Functional & behavioural competencies
- Previous client management experience within either a broking house or insurer is essential.
- Property and Specialty reinsurance experience essential.
- Wider experience with MGAs, Binders, Consortia would be preferred.
- Demonstrable knowledge of the Treaty market
Personally demonstrate the five BMS values and ensure that team members are aligned with these:
- Accountable
- Entrepreneurial
- Collaborative
- Empowering
- Disciplined
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