Treaty Technician

Howden Group Holdings; Milton Keynes; On-site; GBP 10,000 - 40,000; Full time

Job description

Who are we?

Howden is a collective – a group of talented and passionate people all around the world. 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 18,000 employees spanning over 100 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

This is an exciting opportunity to join our growing Business Services team in Milton Keynes, supporting the administration of proportional Treaty & Reinsurance contracts for our expanding client base. As a key point of contact for London-based broking teams, you will ensure smooth processes and accurate handling of technical reinsurance accounting. You will also play a vital role in developing the technical knowledge of others within the team, contributing to the overall success of the business.

What You’ll Be Doing

We work collaboratively to provide an excellent and comprehensive service to our clients. In this role, you will:

1. Manage the administration of proportional treaty reinsurance contracts, ensuring accuracy and efficiency.
2. Validate account submissions and cash loss transactions in line with contract terms.
3. Prepare profit commission statements, portfolio transfers, and sliding scale calculations.
4. Ensure accurate data entry and credit control processes while resolving outstanding queries.
5. Support business units by providing timely and accurate management information.
6. Maintain up-to-date records across company systems and ensure compliance with regulatory requirements.
7. Assist with training and mentoring less expert team members to develop technical expertise.
8. Act as a key escalation point for internal teams and clients, ensuring excellent service delivery.

Who We’re Looking For

We value expertise, attention to detail, and a strong service-oriented approach. We’re looking for someone who:

1. Has extensive technical accounting experience within the London Market reinsurance sector.
2. Possesses a strong understanding of Lloyd’s and London Market processes and systems.
3. Can demonstrate technical expertise in proportional treaty accounting.
4. Has experience auditing and reviewing the work of others for accuracy and compliance.
5. Works efficiently under pressure, meeting deadlines while maintaining high-quality standards.
6. Is a strong communicator, able to build and maintain relationships with clients and internal partners.
7. Is highly organised, with strong problem-solving skills and attention to detail.
8. Has proficient IT skills, particularly in Microsoft Word, Excel, and PowerPoint.

Qualifications

1. GCSEs (or equivalent) including Maths and English at Grade C or above.
2. A-Levels (Grade A-C) or equivalent are desirable but not crucial.
3. Progression towards professional qualifications is helpful but not required.

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:

1. Our successes have all come from someone brave enough to try something new.
2. We support each other in the small everyday moments and the bigger challenges.
3. 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.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.