Associate

Howden Reinsurance Brokers Limited (UK); City Of London; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid working

Reasonable adjustments

Job summary

Howden Group Holdings in London is seeking a Senior Proportional Treaty Technician to join our expanding team. You will handle proportional reinsurance contracts for our London Market clients and support broking colleagues in a collaborative, fast-paced environment.

The role requires strong knowledge of Lloyd's market, excellent interpersonal skills, and progress toward professional qualifications. A flexible, hybrid working pattern is offered.

Qualifications

• GCSEs (or equivalent) including English and Maths essential.
• A level Grade A-C (or equivalent).
• Progression towards professional qualifications is desired.

Responsibilities

• Handle proportional treaty accounts and submissions for Lloyd's and London market.
• Validate proportional treaty submissions and cash loss requests.
• Understand profit commissions statements and portfolio transfers.
• Liaise with brokers, reinsurers and internal stakeholders including IBA.

Skills

Interpersonal skills

Communication

Education

GCSEs including English and Maths

A level Grade A-C

Tools

LORS

IMR

Job description

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 is 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 PROFILE

Senior Proportional Treaty Technician

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*.
• *Not all positions can accommodate changes to working hours or locations.

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.