Associate Broker

BMS Re
Dallas, TX Full Time
POSTED ON 12/13/2022 CLOSED ON 2/26/2023

What are the responsibilities and job description for the Associate Broker position at BMS Re?

Our Dallas Broking team provides clients and prospects with outstanding service to allow BMS to deliver the best and most efficient reinsurance programs and additional services to meet the client’s needs.   The team is experienced and respected in the market. We value our strong personal relationships with our clients and contacts which – together with our entrepreneurial flair – enable us to consistently get the best solutions for our clients. This position is based in Dallas, TX on our Property & Casualty team and offers a unique opportunity to learn, grow and get involved with our clients!    You will add value by:  Assisting in managing client portfolios and accounts (i.e., handle underwriting preparation, may have client interface, and assist with placement with reinsurers, etc.) Contributing to bi-weekly discussion with the team to address status updates, pain points, or any other significant topics related to ongoing client projects Helping to prepare reinsurance submissions/underwriting narratives with direction from experienced brokers on the team; review large data sets, and with the help of other brokers, analyze, and look for trends to organize submissions and provide the best possible output to clients Ensuring compliance with BMS quality standards before, during, and after placement process.  Accurately preparing memos and letters to reinsurers/clients for their signature Assisting with the preparation and finalization of contract wording, working closely with the Contract Wordings team and client relationship manager Assisting in the drafting of post-placement memos, brokerage estimate exhibits and market sheets for final sign-off of client relationship manager We are looking for someone with:  0 – 4 years of work experience (level will depend on experience) Capability to learn about and comprehend information about insurance and reinsurance products with the ability to appropriately apply knowledge while performing day-to-day responsibilities Ability and willingness to build effective and constructive relationships with external clients and contacts BA/BS degree Accountability to build and maintain effective teamwork, communication, and interpersonal relationships with all BMS team members Excellent written and verbal communication skills Strong organization and time management abilities; accurately scopes out length and difficulty of tasks and projects; sets objectives and goals to meet deadlines; uses proper channels and resources Basic knowledge of how strategies and tactics work in insurance and reinsurance; knowledgeable in current and possible future policies, practices, trends, technology, and information affecting the insurance and reinsurance markets and clients Strong ability to effectively use the Microsoft suite of products, particularly Excel Ability to learn quickly and effectively incorporate new concepts and practices; flexible and open to change High level of accuracy and attention to detail

Salary : $0

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