At a Glance
- Tasks: Drive business growth in the hedge fund sector and generate revenue across key insurance products.
- Company: Join Howden, a global insurance group with a unique employee-owned culture.
- Benefits: Define your career path with competitive pay, commissions, and flexible working options.
- Other info: Embrace a supportive environment focused on collaboration and continuous learning.
- Why this job: Be part of a dynamic team making a positive impact in the financial services market.
- Qualifications: Motivated individuals with strong communication, sales skills, and a passion for insurance.
The predicted salary is between 30000 - 40000 £ per year.
Who are we? Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work/life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
The Role: We're seeking a dynamic and motivated Business Development Associate to join our exceptional Financial Institutions team. In this role, you will focus on developing new business within the hedge fund sector, with potential exposure to the broader wealth management space. You will generate revenue across core Financial Lines products—including D&O, Professional Indemnity, and Crime—while also identifying opportunities to cross-sell solutions from across the wider Howden group.
This position is highly relationship-driven: you will excel at transforming connections into meaningful commercial opportunities, delivering creative solutions, and supporting our underwriting and claims colleagues to provide an exceptional client experience. As a key contributor to our growth strategy and force-for-good reputation in the industry, you will bring energy, confidence, and commercial insight to help elevate our presence in the financial services market.
What you'll do:
- Focus on developing business within the hedge fund sector, with potential expansion into the wealth management space.
- Responsible for generating revenue across core Financial Lines products—primarily D&O, Professional Indemnity, and Crime—while also identifying opportunities to cross-sell wider group solutions.
- Work as part of a 75-person Financial Institutions division, collaborating closely with a Business Development team of approximately 5.
- Compensation structure includes base salary plus commission, aligned to revenue generated for the team.
- Success measures include meeting revenue targets, effective CRM usage, strong presentation skills, networking ability, and being a proactive, energetic relationship-builder.
Who we're looking for:
- Strong motivation towards starting out a career in insurance.
- Excellent communication and collaboration skills.
- Sales and negotiation skills that will help you compete in a fast-paced market.
- Strong motivation and ambition in progressing into a career in insurance.
- An eye for detail to ensure that all records and client interactions are meticulously managed and maintained.
- A positive and proactive attitude, ready to take on challenges and determine the best paths to success.
- A commitment to continuous learning and development, with the ambition to grow within the company.
What do we offer in return? A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:
- Our successes have all come from someone brave enough to try something new.
- We support each other in the small everyday moments and the bigger challenges.
- We are determined to make a positive difference at work and beyond.
Reasonable adjustments: We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Permanent
Business Development Associate in London employer: Howden
Howden is an exceptional employer that champions employee ownership and a vibrant work culture, making it a standout choice for those seeking a fulfilling career in the insurance sector. With a strong emphasis on collaboration, personal growth, and a commitment to sustainability, employees enjoy a supportive environment that encourages innovation and meaningful contributions. The role of Business Development Associate offers not only competitive compensation but also the opportunity to thrive within a dynamic team dedicated to driving change in the financial services market.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Associate in London
✨Tip Number 1
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 on LinkedIn. Remember, it’s all about building those relationships that can lead to opportunities.
✨Tip Number 2
Show your enthusiasm! When you get the chance to chat with potential employers, let your passion for the insurance sector shine through. Share your ideas on how you can contribute to their team and make a difference.
✨Tip Number 3
Prepare for interviews by researching the company and its culture. Understand Howden's values and think about how you can align your skills and experiences with their mission. This will help you stand out as a candidate who truly gets what they’re about.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, go ahead and submit your application today!
We think you need these skills to ace Business Development Associate in London
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for the insurance industry shine through. We want to see that you’re genuinely excited about the role and how you can contribute to our team at Howden.
Tailor Your CV:Make sure your CV is tailored to the Business Development Associate role. Highlight relevant experiences and skills that align with what we’re looking for, especially in sales and relationship-building.
Craft a Compelling Cover Letter:Your cover letter is your chance to tell us why you’re the perfect fit for Howden. Use it to showcase your communication skills and explain how your background aligns with our culture and values.
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 proactive!
How to prepare for a job interview at Howden
✨Know Your Stuff
Before the interview, dive deep into Howden's values and culture. Understand their focus on employee ownership and collaboration. This will help you connect your personal motivations with what they stand for, showing that you're not just looking for any job, but a place where you can truly thrive.
✨Showcase Your Sales Skills
Since this role is all about business development, prepare to discuss your sales and negotiation experiences. Think of specific examples where you've successfully built relationships or closed deals. This will demonstrate your ability to generate revenue and contribute to the team’s success.
✨Be a Team Player
Highlight your collaboration skills during the interview. Howden values teamwork, so be ready to share instances where you've worked effectively in a group. Emphasise how you can contribute to the Financial Institutions division and support your colleagues in achieving common goals.
✨Ask Insightful Questions
Prepare thoughtful questions that show your interest in the role and the company. Inquire about the challenges the Financial Institutions team faces or how they measure success. This not only demonstrates your enthusiasm but also gives you valuable insights into how you can excel in the position.
