Insurance Risk Management Graduate London 2023

Revantage is a Corporate Services affiliate of The Blackstone Group, the world’s largest alternative investment firm. We deliver exceptional customer service to Blackstone and its portfolio companies to enable them to thrive. The sectors that we work with include Hospitality, Logistics, Office, Retail and Residential and Student Accommodation.

Revantage UK is a high-performance consultancy providing valuations, Legal, Finance, People & Culture, Risk, ESG (Environmental, Social and Governance), Portfolio Company Communications, Technology and Business Transformation services to Blackstone’s European Portfolio Companies. Revantage UK is headquartered in London and works closely with the other Revantage global offices based in North America, Australia, Amsterdam, India, Luxembourg, and Singapore.

What we value 

Creating a culture that inspires change and momentum requires the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be:

• Achievers – We expect high standards for ourselves and enable the success of our teams.
• Enthusiasts - We face challenges with optimism and believe anything is possible.
• Leaders - We commit to continuously improve our performance.
• Learners – We learn from our challenges, successes and the diversity of our people.
• Partners - We deliver value and positive impact to our partners.

Why this role is valuable?

The Insurance Risk Management Graduate will be part of the Risk and Insurance team and be an integral team player in supporting Blackstone Asset Management and portfolio companies in the UK and Europe.

Areas of focus for Risk and Insurance include optimizing risk management practices, utilizing data analytics to improve the overall risk profile, proactively providing claims management and ensuring insurance programs appropriately address exposures and provide the most broad and competitive terms available in the marketplace.

Key responsibilities

• Assist with the insurance renewals, including preparing renewal submissions, obtaining underwriting data, completing applications and attending meetings with insurance brokers and underwriters
• Assist in the onboarding of a new RMIS database and in the management of data
• Review policies for accuracy and upload new policies to the firm’s RMIS database
• Prepare pre and post renewal reports and presentations
• Track and manage data based on established KPIs for Risk and Insurance team
• Manage renewal schedules and provide data quality checks and ensure they are regularly updated
• Support the claims management process including the coordination of information between the business and third-party adjusters

What you bring to the role

We’re looking for a graduate to join our Risk and Insurance team. This is a brilliant opportunity to train as an insurance risk manager and get exposure across all lines of insurance. You’ll be instrumental in kicking off efforts in developing and implementing best in class risk management practices and managing insurance programs at an unprecedented time in the risk management industry.

You’ll be at the early stage of your career, with some familiarity with insurance and you’ll be confident in your plans to qualify with the Chartered Insurance Institute (CII) and obtain the Certificate in Insurance. Familiarity with a Risk Management Information System (RMIS) is preferred but not required. The candidate would be qualified to a Bachelor degree level or equivalent.

Required

• Excellent at written and spoken English
• Experienced in Microsoft Office, including Excel
• Resilient, flexible, able to balance competing demands on your time
• Proactive, polished, professional, positive
• Organised and detailed oriented and ability to multi-task
• Highly motivated, self-starter comfortable to work both independently and as part of a team
• Highly effective communicator who is able to engage with stakeholders at multiple levels of seniority
• Pro-active with the ability to take responsibility for new projects
• Ability to analyse data including financial reports