Energy Broker - Fac Reinsurance

TN United Kingdom; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

Join a dynamic and inclusive team at a leading insurance firm, where your skills will help shape the future of reinsurance. This role offers the chance to work with some of the largest insurance carriers globally, providing innovative solutions to complex challenges in the Downstream Energy sector. With a strong emphasis on collaboration and personal development, you'll be empowered to make a real impact while enjoying a supportive work environment. If you're passionate about insurance and eager to grow your career, this is the perfect opportunity for you.

Qualifications

• 5+ years of experience in insurance/reinsurance, preferably in the London market.
• Strong understanding of London and Overseas markets with technical skills.

Responsibilities

• Key member of the Downstream Fac RI team, executing broking solutions.
• Engage with reinsurance markets to negotiate terms for clients.

Skills

Insurance/Reinsurance Experience

Negotiation Skills

Technical Knowledge

Organizational Skills

Communication Skills

Excel Proficiency

Microsoft Word Proficiency

Education

A Levels

Tertiary Degree or Professional Qualification

ACII Qualification or Equivalent Experience

Job description

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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 mind-set, and our strength lies in our ability to collaborate as a powerful international team comprised of 15,000 employees spanning over 100 countries.

Our people are our biggest asset as well as our largest shareholder group and are everything that makes us unique; our inclusive culture, the quality service we offer our clients, and our continued growth, all come from our people-first approach. There’s no such thing as individual success. We all need to play our part, contributing our skills and experience to make a true difference. That’s Howden.

Why work at Howden?

We have always been employee-owned and driven by entrepreneurial spirit. Right from the beginning, we've focused on employing talented individuals and empowering them to make a real difference to the company, whilst building successful and fulfilling careers at the same time. Simply put, we hire talented specialists and give them what they need to make a difference for clients. Always have, always will.

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 disappointed head-hunters for years. Whatever your priorities – work/life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

This job role provides the successful candidate with an opportunity to join one of the most established Energy Fac RI teams in London, partnering with some of the largest Insurance carriers globally on some of the largest Downstream Energy reinsurance placements in the London market.

JOB ROLE

• Key member of the Downstream Fac RI team within Howden Re
• Works with all team members (including Upstream Colleagues) to plan and execute appropriate broking solutions for our client’s facultative reinsurance requirements
• Engage with reinsurance markets to negotiate terms, pricing, and coverage to secure optimal outcomes for our global clients by utilising markets across the world (London, the US, Bermuda and around the world).
• Ability to develop, build and maintain business relationships with Howden clients
• Works with other members of the Team/Business Unit as required to assist with the development of new business opportunities both on third party business as well as Howden Network business
• Works within agreed parameters and uses relevant systems to ensure documentation /communications adhere to company procedure / compliance requirements and provide an adequate audit trail
• Shares their technical knowledge with more junior members of the Team mentoring junior members of staff to assist with technical development.

KNOWLEDGE/EXPERIENCE

• An enthusiastic and high-reaching individual with around 5 years of Insurance/reinsurance experience who wants to join a London market leading broking team.
• Advanced knowledge of the London and Overseas markets including an awareness of competitors, specific territory knowledge and cultural awareness.
• Specific Product area knowledge and in depth understanding of wordings
• The successful candidate should be able to illustrate good technical, organisational and communicative skills.
• Successful candidate will need to work under pressure to secure quotations within tight time frames.
• Proficient working use of Excel and Microsoft Word
• An individual who is willing to learn and be part of a team working towards a common goal
• Good understanding of Team objectives and how own role contributes to these
• Strong understanding of company policies

QUALIFICATIONS

• A levels
• Tertiary (degree) level and/or relevant professional qualification ideally but not a pre-requisite
• ACII qualified or some progress towards or they can demonstrate equivalent knowledge through experience/attainment of the LLMIT

Who we’re looking for

At Howden we value diversity - there is no one Howden ‘personality 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 smalleveryday moments and the bigger challenges

We are determined to make a positive difference, at work and beyond

What do we offer in return?

A career that you define.

Our business succeeds by allowing our people to make a mark in the areas they care about most: personal development, volunteering, and fundraising for charity, or creating new insurance products that address society’s greatest challenges.

And we know that separate home and work lives don't really exist. If you're happy and healthy at home, you're more likely to be happy and fulfilled at work – and vice versa. That's why we do our best to support our people in every aspect of their lives.

Diversity and Inclusion

At Howden, we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect – regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status, or family circumstances.

Our sustainability promise

We’re on a life-long journey to become an ever-more sustainable group. It's a commitment to taking care of our people and the world we live in, to doing good business, and to making a positive impact wherever we can. Our governance processes, company policies, and review systems are all geared towards our goal of making a positive impact in the world. You can read more about our sustainability work here.

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