At a Glance
- Tasks: Support onboarding of clients and manage account records efficiently.
- Company: Join a dynamic team focused on compliance and strategic planning in the insurance sector.
- Benefits: Enjoy opportunities for professional development and a collaborative work environment.
- Why this job: Be a key player in enhancing business processes while building strong relationships across teams.
- Qualifications: Experience with Global XB and a background in compliance is preferred.
- Other info: Lead a team, including offshore support, and contribute to policy development.
The predicted salary is between 43200 - 72000 £ 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 23,000 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 RoleIn the role of Security & Counterparty Business Partner, you will have the opportunity to aid business units in the compliant onboarding of customers, underwriters, and other associated entities. You\’ll act as a key advisor to the business, ensuring onboarding processes meet regulatory and internal standards, while maintaining the integrity of account records across broking systems.This role also includes line management responsibilities, overseeing a team and third‐party support from the Howden Service Centre in India. You\’ll contribute to planning, reporting, and policy development, while encouraging positive relationships across the business to promote guidelines and ensure operational excellence.What You\’ll Be DoingManaging onboarding processes for clients, insurers, and counterpartiesActing as a referral point for onboarding queries and providing expert adviceReviewing and finalising Insurer Terms of Business AgreementsSupporting completion of onboarding documentation and questionnairesSupervising insurer security and rating movements, and advising the businessMaintaining accurate records in company systemsManaging and developing a team, including recruitment and performance reviewsContributing to policy and procedure development for the Security & Counterparty teamEncouraging strong connections throughout the organization to facilitate work tasksProviding management information and contributing to wider team planningWho We\’re Looking ForCommercial awareness and ability to apply regulation within insurance brokingExperience in a compliance or Security & Counterparty function within a regulated UK environmentStrong understanding of FCA principles, rules, and guidelinesKnowledge of insurance principles, products, and servicesExperience managing or supervising others (desirable but not crucial)Excellent communication and interpersonal skillsStrong analytical, problem‐solving, and influencing abilitiesAbility to prioritise and deliver under pressureConfident in building relationships and promoting best practicesCommitted to personal and team development, with a proactive approach to learningQualificationsUniversity degree or recognised industry accreditationProfessional qualification (desirable)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 newWe support each other in the small everyday moments and the bigger challengesWe are determined to make a positive difference at work and beyondReasonable 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.*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.Permanent
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Security & Counterparty Business Partner employer: Howden
Contact Detail:
Howden Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Security & Counterparty Business Partner
✨Tip Number 1
Familiarise yourself with the specific systems mentioned in the job description, such as Global XB and Novidea. Having hands-on experience or even a basic understanding of these platforms can set you apart during discussions.
✨Tip Number 2
Stay updated on the latest regulatory changes in the UK insurance sector. Being able to discuss recent developments and their implications will demonstrate your commitment to compliance and your proactive approach.
✨Tip Number 3
Prepare to showcase your leadership skills by thinking of examples where you've successfully managed teams or projects. Highlighting your ability to lead and develop others will resonate well with the hiring team.
✨Tip Number 4
Network with professionals in the insurance and compliance sectors. Engaging with industry peers can provide insights into best practices and may even lead to referrals, increasing your chances of landing the job.
We think you need these skills to ace Security & Counterparty Business Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance and counterparty functions. Emphasise your familiarity with systems like Global XB, Novidea, and OpenTWINS, as well as your understanding of insurance principles.
Craft a Strong Cover Letter: In your cover letter, clearly articulate why you are a good fit for the Security & Counterparty Business Partner role. Mention specific examples of how you've successfully managed onboarding processes or led teams in the past.
Highlight Leadership Skills: Since the role involves managing a team, be sure to showcase your leadership experience. Discuss any previous roles where you led a team or collaborated with others to achieve common goals.
Showcase Communication Skills: As excellent communication is key for this position, provide examples of how you've effectively communicated complex information in previous roles. This could include writing reports, negotiating agreements, or presenting to stakeholders.
How to prepare for a job interview at Howden
✨Showcase Your Compliance Knowledge
Make sure to highlight your understanding of compliance and counterparty functions, especially within a regulated UK environment. Be prepared to discuss specific regulations and how they impact business practices.
✨Demonstrate Leadership Skills
Since the role involves managing a team, share examples of your leadership experience. Talk about how you've developed teams in the past and your approach to fostering collaboration and best practices.
✨Familiarise Yourself with Relevant Systems
Brush up on your knowledge of Global XB, Novidea, OpenTWINS, and Sector processing systems. Be ready to discuss how you've used these systems in previous roles and how they can benefit the onboarding process.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle multiple priorities. Think of scenarios where you had to manage onboarding processes or negotiate terms, and be ready to explain your thought process.