At a Glance
- Tasks: Join a dynamic team handling proportional reinsurance contracts and support London broking teams.
- Company: Howden, a global insurance group with a unique employee ownership culture.
- Benefits: Flexible working hours, career progression, and a supportive environment.
- Other info: Diverse workplace with opportunities for personal and professional growth.
- Why this job: Make a real impact in a collaborative team while growing your career in insurance.
- Qualifications: Experience in Reinsurance Proportional Treaty and strong communication skills.
The predicted salary is between 40500 - 49500 £ 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.
ROLE PURPOSE
This is a London based position working in London 3 to 4 days weekly. This role is an opportunity to join an established and growing team, handling proportional reinsurance contracts on behalf of our expanding client base. The successful applicant will also be a point of contact for the London based broking teams who they support. We are looking for someone with extensive Reinsurance Proportional Treaty experience/expertise within the London Market.
KEY ACCOUNTABILITIES
- Have a good understanding of the Lloyds and London market
- Be able to validate proportional treaty account submissions/cash loss requests
- Understand profit commission statements and portfolio transfers
- Have experience of LORS and the IMR (Insurance Market Repository)
- Have good interpersonal and communication skills
- Be confident in liaising with clients, reinsurers and internal stakeholders including IBA
- Have good organisational skills
- Be able to work in a team
PERSON SPECIFICATION
- GCSE’s (or equivalent) including English and Maths essential
- A level Grade A-C (or equivalent) This isn’t a prerequisite
- Progression towards gaining professional qualifications is desired, but not essential
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.
Permanent
Howden began in 1994, as just three people and a dog. Now there are 23,000 of us, and we're a leading global insurance group, managing $37bn of premiums for our clients. Our largest shareholder group is us – the people who work in the business – supported by three long-term, minority growth-equity partners who share our vision to build a business to last, one that will never be sold. The owner's mindset is something that's embedded in our culture; our people readily take ownership of their decisions, their actions, and their outputs. They’re invested in every sense. And we all know that by working together to drive the business forward, everyone will benefit from the extraordinary results we can achieve.
Senior Proportional Treaty Technician 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.