Associate Director - Facultative – Property/Energy

Howden; New York (NY); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401k with company match

Unlimited PTO

Volunteer days

Job summary

Howden Re is expanding its US Facultative business and seeking individuals with an entrepreneurial mindset to join our growth journey.

You will support renewal strategy, build client-ready analyses, and present structured recommendations to clients, while coordinating due diligence and drafting negotiations with legal teams.

Qualifications

• 3–5 years of experience in a business-related position/environment.
• Bachelor’s degree in Risk Management & Insurance, Finance, Accounting, Mathematics or a business-related field.
• Interest in pursuing a career within Reinsurance.
• Proactive, creative and analytical thinker who works well independently and in a team.
• Excellent written and verbal communication skills.

Responsibilities

• Support senior team members to establish renewal strategy and execution plans.
• Develop ability to compare and contrast reinsurance structures and evaluate financial cost/benefit in income statement and balance sheet terms.
• Create client presentations around structure, pricing and market conditions and meet with clients to advise.
• Build submissions and detailed analyses for client portfolios.
• Coordinate pre/post binding due diligence procedures for reinsurance transactions.
• Partner with Contract Drafting for wording negotiations and coordinate with legal/regulatory experts.
• Collaborate with Howden Re resources to deliver effective client service.

Skills

Excellent written and verbal comms

Analytical thinking

Proactive mindset

Team player

Education

Bachelor’s degree in Risk Management & Insurance, Finance, Accounting, Mathematics

Tools

Microsoft Office (Excel, PowerPoint, Word)

Job description

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service.

About Role

Howden Re is the global reinsurance broker and risk, capital, & strategic advisor focused on relentless innovation & superior analytics for top client service. As we continue to build out our US Facultative business, we are looking for individuals with an entrepreneurial mindset to join us on this ambitious journey of growth.

Primary Responsibilities

• Supporting senior Team members to establish renewal strategy and execution plans
• Develop ability to compare and contrast various reinsurance structures and evaluate financial cost/benefit in both income statement and balance sheet terms
• Creating client presentations around structure, pricing, and market conditions and meeting face-to-face with clients to give advice
• Building submission and detailed technical analyses for client portfolios
• Coordination and creation of pre/post binding due diligence procedures associated with reinsurance transactions
• Partner with Contract Drafting for wording negotiations and close coordination with contract drafters and legal/regulatory experts
• Working in tandem with all Howden Re resources to deliver effective client service

Qualifications

• 3-5 years of experience in a business-related position & environment
• Bachelor’s degree in Risk Management & Insurance, Finance, Accounting, Mathematics, or a business-related field
• Interest in pursuing a career within Reinsurance
• Proactive, creative and analytical thinker that works well independently and within a team
• Excellent written and verbal communication skills
• Desire and interest to pursue an opportunity that is involving client related tasks
• Ability to apply mathematical thinking in the business and insurance environment
• Proficient with Microsoft Office Products, including Excel, PowerPoint, and Word
• Highly motivated and committed to continually developing your professional skillset
• Must be authorized to work in the U.S.

The expected annual salary for this role is $90,000-$150,000; actual salary will be determined based on factors including candidate experience and work location. This role is classified as exempt under the Fair Labor Standards Act (FLSA).

What We Offer

A career that you define. Yes, we offer all the usual rewards and benefits - including medical, dental, vision, a wide variety of wellbeing offers, competitive salary, unlimited PTO, 401k with company match, paid volunteer days and more.

We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.

EEO Statement

We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. Howden Re North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Howden Re will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.