At a Glance
- Tasks: Manage and grow a portfolio of European Binder and MGA relationships.
- Company: Dynamic insurance firm focused on innovation and collaboration.
- Benefits: Personal development opportunities, work-life balance, and support for volunteering.
- Other info: Flexible working options available to suit your lifestyle.
- Why this job: Join a team making a positive impact in the insurance industry across Europe.
- Qualifications: Experience in MGA management and strong analytical skills required.
The predicted salary is between 50000 - 65000 € per year.
The Role
We are recruiting a mid‑level insurance professional with proven experience across both Lloyd's and non‑Lloyd's (company market) environments to support and manage a growing portfolio of European Binder and MGA business. This role sits at the intersection of underwriting, governance, and partner management, working closely with MGAs, coverholders, brokers, and internal stakeholders across multiple European jurisdictions.
What will you be doing?
- Binder & MGA Portfolio Management
- Support the management and growth of a portfolio of European MGA and binder relationships across Lloyd's and company market platforms.
- Review and assess new MGA and binder submissions, including underwriting approach, distribution strategy, and operational capability.
- Assist with onboarding new MGA partners, ensuring adherence to internal underwriting and governance standards.
- Act as day‑to‑day contact for MGA partners and underwriters.
- Underwriting Oversight & Governance
- Review underwriting guidelines, authority limits, pricing frameworks, and wordings for delegated arrangements.
- Support periodic underwriting reviews, audits, and peer reviews.
- Escalate issues relating to performance, exposure management, or control breaches where appropriate.
- Ensure quality of documentation and handle transactional activities critical to the placement of business.
- Lloyd's & Company Market Interaction
- Leverage market relationships, maintain a strong network, and market business within Lloyd's and non‑Lloyd's markets.
- Operate across Lloyd's coverholder frameworks and non‑Lloyd's delegated authority structures, understanding differences in governance, reporting, and regulatory expectations.
- Support compliance with Lloyd's minimum standards where applicable.
- Coordinate with internal underwriting, claims, actuarial, and operations teams across platforms.
Qualifications
- Essential
- Experience in delegated authority business, MGA management, or binder underwriting.
- Hands‑on experience in both Lloyd's and non‑Lloyd's / company market environments.
- Strong understanding of European insurance markets and delegated authority structures.
- Experience working with MGAs, coverholders, or delegated underwriting partners.
- Strong analytical and organisational skills.
- Ability to manage multiple stakeholders across different jurisdictions.
- Desirable
- Experience across multiple European territories (e.g., France, Germany, Spain, Italy, Nordics, Benelux).
- Background in commercial or specialty lines.
- Proficiency in a European language.
What do we offer in return?
A career that you define, with opportunities for personal development, volunteering, and fundraising for charity. We support our people in every aspect of their lives and value work‑life balance.
Diversity and Inclusion
Our successes come from people brave enough to try something new. We support each other in small everyday moments and bigger challenges. We are determined to make a positive difference, at work and beyond. We consider our people our chief competitive advantage and treat colleagues, candidates, clients, and business partners with equality, fairness, and respect regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status, or family circumstances.
Reasonable adjustments
We are committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. This may include flexible hours or hybrid working where possible. If you have any concerns about suitability, we will work with you to make necessary adjustments.
European Binder & MGA Specialist employer: Howden Re
At Howden, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters personal development and work-life balance. Our commitment to diversity and inclusion ensures that every employee is valued and respected, while our focus on collaboration and support empowers you to thrive in your role as a European Binder & MGA Specialist. With opportunities for growth and the chance to make a meaningful impact across European markets, joining our team means becoming part of a forward-thinking organisation that truly values its people.
StudySmarter Expert Advice🤫
We think this is how you could land European Binder & MGA Specialist
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to MGAs and brokers on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in both Lloyd's and non-Lloyd's environments. Share specific examples of how you've managed portfolios or improved processes – it’ll show you know your stuff!
✨Be Ready for the Interview
Prepare for interviews by brushing up on your knowledge of European insurance markets and delegated authority structures. Think about how you can demonstrate your analytical skills and stakeholder management experience during the conversation.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace European Binder & MGA Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the job description. Highlight your experience in both Lloyd's and non-Lloyd's environments, as well as any relevant MGA management or binder underwriting experience.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific experiences that demonstrate your understanding of European insurance markets and your ability to manage multiple stakeholders.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've used these skills in past roles. Whether it's reviewing underwriting guidelines or managing portfolios, let us know how you’ve made an impact!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Howden Re
✨Know Your Stuff
Make sure you brush up on your knowledge of both Lloyd's and non-Lloyd's markets. Understand the key differences in governance and regulatory expectations, as well as the specific European territories relevant to the role. This will show that you're not just familiar with the basics but have a solid grasp of the nuances.
✨Showcase Your Experience
Prepare to discuss your hands-on experience with MGAs and binder underwriting. Have specific examples ready that highlight your analytical skills and how you've managed multiple stakeholders across different jurisdictions. This will demonstrate your capability to handle the responsibilities of the role effectively.
✨Engage with Questions
Don’t hesitate to ask insightful questions during the interview. Inquire about the company's approach to managing MGA relationships or how they ensure compliance with Lloyd's minimum standards. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
✨Emphasise Teamwork
Since this role involves working closely with various internal teams, be prepared to discuss your experience in collaborative environments. Highlight instances where you’ve successfully coordinated with underwriting, claims, or actuarial teams, showcasing your ability to work well with others to achieve common goals.
