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Form of workAbout BMS
BMS Group 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.
As a global brand with offices located across the US, Canada, Latin America, Australia, Europe and Asia, BMS Group maintains 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.
This position will work for BMS Re, the specialist reinsurance arm of BMS Group. BMS Re is reshaping reinsurance by aligning interests with our clients and enhancing their success with advice and delivery models that service their unique needs. BMS Re has a proven ability to execute in reinsurance and capital markets worldwide.
For more information on BMS and BMS Re, visit us online at bmsgroup.com or follow us on LinkedIn and Twitter.
Find out what it's like to work at BMS Re by clicking here.
BMS Group is seeking an experienced investment banking Vice President ("VP") to join the BMS advisory team. Our VPs lead engagements within the insurance & reinsurance market and act as the primary day-to-day point of contact for clients and investors on our transactions. We offer our VPs the opportunity to lead and support on a wide range of transactions across our global practice, including legacy solutions, insurtech advisory services, private capital raising, M&A, and Insurance-Linked Securities ("ILS").
The successful candidate will be able to cultivate relationships with clients, investors and other advisers within the industry while navigating a diverse set of transactions in the (re)insurance space.
Primary Responsibilities:
- Transaction execution and the identification and pursuit of new business opportunities
- Lead current and prospective client and investor discussions
- Coach team members in their professional development
- Build a strong personal internal and external network and brand as part of promoting the team
- Build and review detailed financial models to evaluate transaction performance under various operating scenarios and capital structures
- Lead client teams, BMS actuaries and catastrophe modelers, legal firms and other service providers to deliver legacy solutions, capital raising initiative and ILS solutions (such as reinsurance sidecars or catastrophe bonds)
- Review and comment on legal documents such as information memorandums, offering circulars and other related transaction documentation
Required Experience
- 6+ years of work experience in either FIG (financial institutions group) related investment banking, actuarial solutions, or reinsurance broking with focus on legacy solutions
- Series, 7, 79, and/or 63 licenses or willingness to complete shortly after joining
Preferred Characteristics:
- Ability to lead engagement in a fast-paced environment with tight deadlines
- Proven ability to work as part of a cross discipline team to deliver client focused results
- Take initiative independently while also possessing strong team building skills
- Excellent attention to detail
- Strong industry skills: knowledge of the (re)insurance sector, statutory accounting, and insurance debt financing
- Growth mindset with focus on continuous learning and experience with coaching colleagues and team members
- P&C actuarial exams and familiarity with catastrophe modeling are a plus
Salary
- The salary range for this position is $200,000 - $275,000 plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience
About BMS Group:
BMS Group is a dynamic re/insurance broker focused on specialist insurance, reinsurance and capital markets advisory services.
About BMS Capital Advisory:
The BMS Capital Advisory business focuses on private capital raising, M&A, ILS and non-core liability management and takes a holistic approach to strategic and Capital Advisory. The Capital Advisory business has offices across New York, Bermuda and London.
What's in it for me?
This role offers a competitive salary and exceptional benefits, including the following offerings:
comprehensive medical and dental plan options for you and your dependents
vision, short-and long-term disability and life insurance options
401(k) with company match
employer funded health saving accounts
business travel accident insurance
identity theft and legal services
fitness and wellness reimbursement
generous leave policies, including parental leave
paid holidays, volunteer days and your birthday off!
opportunity to purchase equity
The annual base salary range provided for this position is a nationwide marker range and represents a broad range of salaries for this role across the country. The actual salary advanced to the desired candidate will be based on a number of factors, including geographic location and the skills, education, training, credentials, and experience of the desired candidate.
Employment Practices
BMS is an Equal Opportunity Employer. Through our Diversity, Equity and Inclusion (DEI) vision, we are committed to 'building a culture of belonging for all, valuing diverse perspectives and embracing authenticity.' As such, we have created our 'BMS Together' program, with dedicated training, collaborative committees and intentional partnerships.
BMS offers flexible and hybrid working policies and we're happy to discuss options with you upon application. Please let our team know if you require any adjustments to support you through the application process.
- Pay Type Salary
- Min Hiring Rate $200,000.00
- Max Hiring Rate $275,000.00
