At a Glance
- Tasks: Support M&A transactions, manage documentation, and ensure smooth operational delivery.
- Company: Join Howden, a global insurance group with a strong employee ownership culture.
- Benefits: Flexible working hours, career progression, and a supportive team environment.
- Other info: Diverse workplace with opportunities for personal and professional growth.
- Why this job: Be part of a dynamic team making a real impact in the insurance industry.
- Qualifications: Experience in operational support, strong IT skills, and excellent communication abilities.
The predicted salary is between 40000 - 50000 £ per year.
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
As a Senior Operations Associate, you’ll provide senior‐level operational support to the Howden M&A team, owning complex operational activity across the lifecycle of M&A insurance transactions. The role exists to ensure high‐quality operational delivery, strong control and effective coordination from initiation through to premium settlement, while supporting brokers, clients and markets with confidence and judgement.
What you’ll do
- Own day‐to‐day operational support for M&A transactions from initiation through to settlement of premium.
- Take responsibility for the accurate and timely preparation, review and management of complex transaction documentation.
- Act as a key operational point of contact for clients, underwriters, brokers and internal teams.
- Maintain and oversee repository files, ensuring documentation is complete, accurate and appropriately stored.
- Ensure records on company systems are accurate, up to date and maintained to a high standard.
- Support compliance with internal procedures, identifying and resolving issues proactively.
- Monitor post‐completion deliverables and follow up to ensure obligations are met.
- Support and guide junior team members on operational processes and documentation standards.
- Assist with client due diligence activities, applying judgement to identify and escalate issues where required.
- Complete and review data entry, data computation and operational updates on company systems and spreadsheets.
- Support invoicing, payment tracking and monitoring of inward and outward payments, resolving discrepancies as they arise.
- Build and maintain strong working relationships with brokers and markets to support effective transaction delivery.
Who we’re looking for
- Proven experience in a senior operational or transactional support role within insurance, financial services or a professional services environment.
- Demonstrable experience managing complex documentation and operational processes with minimal supervision.
- Experience acting as a trusted operational contact for internal and external stakeholders.
- Strong experience handling confidential information and applying sound judgement in sensitive situations.
- Evidence of managing competing priorities across multiple transactions and deadlines.
- Experience supporting or overseeing junior colleagues and maintaining team standards.
- Strong IT capability, with advanced experience using Microsoft Word, Excel and Outlook in an operational context.
- A degree or equivalent professional experience is desirable.
- Experience or exposure to insurance, M&A or transactional environments is desirable.
- Strong written and verbal English, with the ability to communicate information clearly.
- Good numeracy skills, with confidence working with figures or data relevant to the role.
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.
Operations Associate employer: London Insurance Life
London Insurance Life is an exceptional employer that prioritises employee development and well-being, offering comprehensive training and the opportunity to earn industry-recognised qualifications. With a supportive work culture in Taunton, employees enjoy a range of benefits including generous holiday allowances, life assurance, and pension contributions, making it a rewarding place to launch your career as an Insurance Advisor.
StudySmarter Expert Advice🤫
We think this is how you could land Operations Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like London Insurance Life. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Operations Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to London Insurance Life.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on London Insurance Life's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at London Insurance Life
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with London Insurance Life.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at London Insurance Life will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former London Insurance Life employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.