At a Glance
- Tasks: Join a dynamic team to create innovative reinsurance solutions and engage with clients across markets.
- Company: Howden is a global leader in insurance brokerage, driven by a unique employee-owned culture.
- Benefits: Enjoy a people-first culture, career growth opportunities, and a collaborative work environment.
- Why this job: Be part of an industry-leading team that values creativity, independence, and professional development.
- Qualifications: A degree in a relevant field and a proactive mindset are essential; no reinsurance experience needed.
- Other info: Limited travel initially, with opportunities to expand as you grow in your role.
The predicted salary is between 36000 - 60000 £ per year.
From day one, our mission has been to create an independent business with a unique culture – one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success. People come to Howden for lots of different reasons, but they stay for the same one: our culture. That’s what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities – work/life balance, career progression, sustainability, volunteering - you’ll find like-minded people driving change at Howden.
A Legacy Broker at Howden Tiger is a member of an energetic, quantitative, client-facing team that specializes in creating and implementing P&C reserve solutions like loss portfolio transfers and finality solutions. There is unlimited opportunity to learn, advance, and take on responsibility in a small and forward-thinking team. The Howden Tiger Legacy Practice has established itself as the industry leader, closing the largest and most innovative reserve transactions in the market. The Legacy Practice spans the US, UK, and Europe, and seamlessly partners with Howden Tiger Capital Markets & Advisory, as well as with Tiger’s traditional brokers and technology experts, to bring comprehensive reinsurance and capital solutions to our clients.
What will you be doing?
- Working with colleagues to help complete Legacy transactions with a focus on London market clients and exposure to the US / Europe
- Reviewing/editing/analyzing large datasets within Excel
- Crafting client pitches in PowerPoint
- Quantifying the cost and benefit of various reinsurance structures using stochastic models
- Researching market trends
- Creating post-placement materials
- Tracking reinsurer quotes, authorizations, and communication
- Working on projects in other teams, including Capital Markets, Rating Agency Advisory, and Strategic Advisory
- Work closely with London capital solutions team with a focus on Funds at Lloyds
- Jumping in, taking charge, trying new things, learning at pace
- Develop positive relationships with Howden Tiger clients and Legacy and building a strong reputation and company peer groups
- Assist team in preparing high-quality presentations
What do we need from you?
- Demonstrable experience in a business-related position & environment
- Degree in Actuarial Science, Mathematics, Statistics, Engineering, or related field
- Interest in pursuing a career within Reinsurance
- Proactive, creative and analytical thinker that works well independently and within a team
- Excellent written and verbal communication skills
- Desire and interest to pursue a client-facing role
- Ability to apply mathematical thinking in the business and insurance environment
- Proficient with Microsoft Office Products, including Excel, PowerPoint, and Word
- Strong time management skills and project management skills
- Detail oriented
- Highly motivated and committed to continually developing your professional skills
Candidates need not be familiar with reinsurance to be successful. Limited travel required in the first 2-3 years on the job. Travel opportunities will increase with experience and job proficiency. Must be authorized to work in the U.K.
Our Culture: People First
We’ve travelled far since opening our first office in 1994. Back then we were local experts – based in London, with direct access to the world’s biggest insurance market. We’re still locals, and we still deliver the right advice and the right insurance to our clients. But now, we’re local all over the world. With 15,000 global colleagues and a partner network spanning more than 100 territories, we are the largest independent insurance broker in the world. But our values haven’t changed since day one, when we set out to create a company grounded in:
- An employee-ownership model
- Aligned external investors
- The trust and integrity born of friendship
- Expertise
- Independence
Our focus on being a people-first business has always been at the very heart of Howden. Our vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Our employee ownership model sets us apart in the market. It’s created a culture of collaboration and innovation, where we’re driven to think bigger and empowered to challenge convention. Our flat structure and entrepreneurial spirit help us attract the best people and empower them to be the best version of themselves. And when we bring in and nurture great talent, more follows. That makes us better – and that’s better for everyone.
Diversity & Inclusion
At Howden we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
Legacy/Capital Solutions Broker employer: Howden Group Holdings
Contact Detail:
Howden Group Holdings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legacy/Capital Solutions Broker
✨Tip Number 1
Familiarise yourself with the latest trends in reinsurance and capital solutions. Understanding the current market dynamics will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the reinsurance industry, especially those who work at Howden or similar firms. Attend industry events or webinars to make connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Brush up on your Excel skills, particularly in data analysis and modelling. Being proficient in these areas is crucial for the role, and showcasing your ability to handle large datasets can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how your background in mathematics or statistics can be applied to real-world business scenarios. Think of examples where you've used analytical thinking to solve problems, as this aligns well with the role's requirements.
We think you need these skills to ace Legacy/Capital Solutions Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business-related positions, especially any analytical or client-facing roles. Emphasise skills that align with the job description, such as proficiency in Excel and PowerPoint.
Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of Howden's unique culture and values. Mention your interest in reinsurance and how your proactive and analytical thinking can contribute to the Legacy Practice.
Showcase Relevant Skills: In your application, clearly demonstrate your mathematical thinking and project management skills. Provide examples of how you've successfully worked with large datasets or crafted presentations in previous roles.
Research the Company: Familiarise yourself with Howden's mission and values. Understanding their employee-ownership model and commitment to diversity and inclusion will help you convey why you're a good fit for their team.
How to prepare for a job interview at Howden Group Holdings
✨Understand the Company Culture
Before your interview, take some time to research Howden's unique culture and values. Be prepared to discuss how your personal values align with theirs, especially their focus on employee ownership and collaboration.
✨Showcase Your Analytical Skills
As a Legacy Broker, you'll be working with large datasets and quantitative analysis. Be ready to provide examples of how you've successfully handled data analysis in previous roles, particularly using Excel or similar tools.
✨Prepare Client-Facing Scenarios
Since the role is client-facing, think of past experiences where you successfully built relationships or presented to clients. Prepare to discuss these scenarios and how you can apply those skills at Howden.
✨Demonstrate Proactivity and Creativity
Howden values proactive and creative thinkers. Think of instances where you've taken initiative or approached problems in innovative ways. Be ready to share these examples during your interview.