Underwriter Salary at Bms Group Ltd BETA

How much does a Bms Group Ltd Underwriter make?

As of May 2025, the average annual salary for an Underwriter at Bms Group Ltd is $106,597, which translates to approximately $51 per hour. Salaries for Underwriter at Bms Group Ltd typically range from $95,967 to $120,099, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

BMS Group Ltd Overview

Website:
bmsgroup.com
Size:
500 - 1,000 Employees
Revenue:
$500M - $1B
Industry:
Insurance

BMS Group is a leading independent specialist reinsurance broker. For 40 years, BMS has provided comprehensive, customized solutions in the fields of wholesale, reinsurance and direct insurance, and capital advisory through our team of experts. Today, this experience and expertise, served with a spirit of creativity, allows BMS to offer a full range of integrated services. Designing individual, tailored solutions makes BMS the risk and capital management advisor clients want to work with time and again.

See similar companies related to Bms Group Ltd

What Skills Does a person Need at Bms Group Ltd?

At Bms Group Ltd, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  2. Health care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.

Related Jobs

BILL
San Jose , CA

Innovate with purpose At BILL, we believe in empowering the businesses that drive our economy. By replacing outdated financial processes with innovative tools, we help businesses—from startups to established brands—make smarter decisions and gain control of their operations. And we don’t stop there: we’re creating the future of financial automation so businesses can spend more time on what matters. Working here means you become part of a vision-driven team that’s ready to tackle challenges and build cutting-edge solutions. We value purpose, drive, and curiosity—and we thrive in a fast-paced, ever-changing environment. Whether in one of our offices in San Jose, CA, Draper, UT, or working remotely, BILLders collaborate to deliver real impact for businesses that need more time in their busy weeks. At BILL, we listen, learn, and lead—fostering collaboration and a drive for continuous growth. We’re committed to building a diverse and inclusive workplace that values each person’s unique skil


Sponsored
5/16/2025 12:00:00 AM
RightClick
New Haven County , CT

Our client is looking for a detail-oriented and strategic Underwriter to join their growing team of 30+ professionals. In this role, you’ll evaluate and price commercial insurance risks, ensuring profitable and well-assessed business across Property & Casualty lines. This is a hybrid position based in New Haven County, CT. Underwriter’s Responsibilities and Duties: Underwrite commercial Property & Casualty risks, with a focus on property, liability, and auto. Collaborate with the Account Services team to gather essential information and assess risk exposure. Conduct thorough risk assessments to identify high-risk accounts and make informed underwriting decisions. Write and issue policies in accordance with company underwriting guidelines. Use pricing authority to determine premiums for new and renewal business based on risk analysis. Underwriter’s Qualifications and Skills: At least 3 years of underwriting experience in commercial insurance. Strong knowledge of commercial lines and hab


Sponsored
5/16/2025 12:00:00 AM
AssuredPartners
Glen Allen , VA

Overview: Breckenridge Insurance has an exciting career opportunity for an Underwriter. The Underwriter is responsible for working with wholesale and/or retail agents and carriers to obtain specialized insurance coverage for insureds. The Underwriter will meet growth, profit and production initiatives by developing positive and productive business relationships with retail agents, producers, carriers, co-workers and others. Breckenridge Insurance, an Accretive company, offers ready-access to a team of collaborative experts that solve problems for independent agents and brokers nationally. We are equally committed to our global carrier partners and sound underwriting practices to deliver competitive, smart coverage solutions. Our team is extremely specialized, passionate and highly invested in each one of our partnerships with insurance agents, brokers and carriers. If youre interested in a refreshing, bureaucracy-free environment where we celebrate and recognize diverse employees, look


Sponsored
5/14/2025 12:00:00 AM
Chubb
Houston , TX

Job Description MAJOR DUTIES & RESPONSIBILITIES: Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer. Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses. Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk. Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods. Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate


Sponsored
5/14/2025 12:00:00 AM
Ryan Specialty
Houston , TX

Position Summary The Binding Authority Underwriter is responsible for developing and maintaining the book of business by assessing and analyzing insurance risks, determining coverage terms as per binding authority underwriting guidelines and building relationships with internal and external stakeholders. The role reviews and authorizes binding authority requests and ensures compliance with regulatory standards. They collaborate with brokers, negotiate terms, evaluate exposures, and establish premium rates. What will your job entail? Job Responsibilities: •Assess and price renewals, new business, and endorsements according to guidelines outlined in the underwriting manual and within their authority level. •Select and/or verify class code and premium base and rating exposure. •Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk. •Determine coverage forms and necessary endorsements. •Effectively communicate to broker quote conditions •Provide accura


Sponsored
5/14/2025 12:00:00 AM
Hire Connections
Centennial , CO

Job Description Job Description Our client is seeking a dynamic and detail-oriented Commercial Marketing Underwriter. This pivotal role is responsible for evaluating risk, supporting underwriting decisions, and working collaboratively with internal stakeholders and sales teams. The successful candidate will have a strong understanding of commercial industries and a keen eye for identifying exposures and ensuring comprehensive coverage solutions. This is a hybrid position that combines in-field inspections with administrative underwriting responsibilities within a designated territory. ** THIS IS A HYBRID ROLE ** Key Responsibilities: Conduct thorough pre-inspection evaluations of commercial risks prior to policy issuance Perform post-bind and renewal inspections to confirm insurability and identify changes in material risk Partner with field representatives to assess exposures, deliver underwriting expertise, and support business development efforts Attend client appointments and key m


Sponsored
5/14/2025 12:00:00 AM
FinPro.
Sunnyvale , CA

We have been retained by an Insurtech based in the San Francisco area which is providing coverage to climate-impacted properties. We are looking for an experienced E&S personal lines underwriter to join and help expand their high-value Homeowners portfolio. For this role, we are looking for someone with the below experience. Experience & Knowledge: Minimum 3+ years of personal lines underwriting experience, with a strong preference for high-value homeowners insurance. Familiarity with California’s unique risk landscape, including wildfire, earthquake, and other CAT perils. Background in E&S or non-admitted markets is a plus. Underwriting Expertise: Deep technical underwriting skills, with the ability to assess and select risks confidently. Strong analytical mindset with an ability to balance risk selection and business objectives. Comfortable navigating ambiguity and making sound underwriting decisions in evolving markets.


Sponsored
5/14/2025 12:00:00 AM
Gallagher
Alpharetta , GA

Introduction: At Risk Placement Services, we're more than just a team we thrive on collaboration, creativity, and tackling challenges head-on. Our culture fosters an environment where every idea counts, and every individual's contribution matters. Step into a world of excitement and innovation as we work with top-rated carriers to design robust coverage for our clients. Unleash your potential and join our spirited team, where you'll have the freedom to explore and the support to grow. We believe that every candidate brings something special to the table, including you! So, even if you feel that youre close but not an exact match, we encourage you to apply. How you'll make an impact: Underwrites individual insurance applications to cover property and casualty with guidelines set for the issuance of policies on a standard or substandard basis. Determines whether to accept, modify or decline a risk through evaluation of the property's value, location, usage, and safety features, and other


Sponsored
5/14/2025 12:00:00 AM

Check more jobs information at Bms Group Ltd

Job Title Average Bms Group Ltd Salary Hourly Rate
2 Account Assistant $46,271 $22
3 Administration & Operations Executive $72,349 $35
4 Administrative Assistant $60,170 $29
5 Administrative Officer $51,906 $25
6 Associate General Counsel $193,830 $93
7 Chief Information Officer $373,242 $179
8 Communications & Marketing Specialist $72,525 $35
9 Companion $32,223 $15
10 Compliance Analyst $108,380 $52
11 Credit Controller $285,429 $137
12 Director, Accounting $216,810 $104
13 Enterprise Architect $143,323 $69

Hourly Pay at Bms Group Ltd

The average hourly pay at Bms Group Ltd for an Underwriter is $51 per hour. The location, department, and job description all have an impact on the typical compensation for Bms Group Ltd positions. The pay range and total remuneration for the job title are shown in the table below. Bms Group Ltd may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $106,597 look to you?

FAQ about Salary and Jobs at Bms Group Ltd

1. How much does Bms Group Ltd pay per hour?
The average hourly pay is $51. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bms Group Ltd?
According to the data, the highest approximate salary is about $120,099 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bms Group Ltd?
According to the data, the lowest estimated salary is about $95,967 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.