Contracts Intern

DUAL North America, Inc.; Edina, Northern (MN, KY); Hybrid; USD 31,000 - 44,000; Part time

Job summary

Howden North America is recruiting a Contracts Intern to support our reinsurance team in Edina, MN, NY, or remote locations. You will learn the reinsurance contract process and assist in sending documents to reinsurers and clients for execution.

You’ll gain exposure to the contracts lifecycle, track statuses, manage shared mailboxes, and prepare reports, while coordinating with brokers and drafters to ensure timely execution.

Qualifications

• Actively pursuing a Bachelor's degree.
• GPA of 3.0+.
• Proficient in Excel, Word and PowerPoint.
• Legally authorized to work in the US.
• Pay close attention to detail; accuracy matters.
• Ability to explain complex contracts clearly, in writing or over the phone.

Responsibilities

• Review and create PDFs of final Reinsurance Contracts, Interests and Liabilities Agreements, and related documents at direction of the Contracts Wording Team
• Transmit final Reinsurance Contracts, Interests and Liabilities Agreements, and related documents to ceding companies and reinsurers at direction of the Broking Team
• Track status of transmitted documents via tracking tool
• Monitor and manage Transmittal Shared Mailbox in Outlook
• Prepare regular reports on status of transmitted documents
• Follow up with outstanding markets for signatures
• Compile fully executed documents into single PDF files
• Update contract files with executed documentation
• Communicate and coordinate with broker, contract drafter, and transmittal specialist as required
• Perform other miscellaneous duties as assigned

Skills

Attention to detail

Explain complex contracts clearly

Legally authorized to work in the US

Education

Bachelor's degree in progress

Tools

Excel

Word

PowerPoint

Job description

Introduction

Working with our reinsurance team in North America you’ll learn more about reinsurance broking, risk mitigation solutions, contracts decision making and support our teams, doing real work for Howden Re's current and prospective clients.

About Role Internship

Contracts

Location: Edina, MN / New York, NY or Remote

Salary: up to $27/hr + overtime

Deadline to apply: Friday 16th October

What you’ll be doing

Reinsurance is a complex world; the easiest way to think about it is that it’s insurance for the insurers. Working with our teams, you’ll help insurance companies protect their futures, and the people they insure.

As a Contracts Intern, you’ll learn about the reinsurance contracts process and relationships among reinsurance counterparties as you participate in sending final contract documents to reinsurers and clients for execution and tracking status of the documents.

• Review and create PDFs of final Reinsurance Contracts, Interests and Liabilities Agreements, and related documents at direction of the Contracts Wording Team
• Transmit final Reinsurance Contracts, Interests and Liabilities Agreements, and related documents to ceding companies and reinsurers at direction of the Broking Team
• Track status of transmitted documents via tracking tool
• Monitor and manage Transmittal Shared Mailbox in Outlook
• Prepare regular reports on status of transmitted documents
• Follow up with outstanding markets for signatures
• Compile fully executed documents into single PDF files
• Update contract files with executed documentation
• Communicate and coordinate with broker, contract drafter, and transmittal specialist as required
• Perform other miscellaneous duties as assigned

Who we’re looking for

• Actively pursuing a Bachelor’s degree
• Have a GPA of 3.0+
• Be proficient in Excel, Word, and PowerPoint
• Have the ability to explain complex contracts in simple terms so anyone can understand it, either in writing or over the phone
• Pay close attention to detail, because every small detail matters
• Legally authorized to work in the US

Different perspectives make us better

At Howden, we’re committed to fair opportunity, inclusive teams and a culture where everyone belongs. We value people of all backgrounds, identities and experiences. We make sure everyone has the chance to succeed. If you bring who you really are, we’ll help you to go further. We believe in equal opportunities for all employees, regardless of race, religion, gender, age, sexual orientation or disability. And as a Disability Confident employer, we’re committed to removing barriers and supporting you to do your best work. If you need any adjustments during the application process or in the role, just let us know. We’re here to help.

What we offer

A career that you define. 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.

Working at Howden Re: At Howden Re, we’re on a mission to do things differently. Our no silo approach, elite team, and clear focus on innovation and relentless execution means our clients are at the heart of all we do. As a big 4 global reinsurance broker, we deliberately avoid the one-size-fits-all approach, committing to creating bespoke solutions that address the unique challenges of a modern and dynamic marketplace. Our team is empowered to drive progress, creating opportunities for career and personal development, unlocking new value for clients, fostering long-term partnerships, and using the collective power of Howden to change how the world sees risk and insurance.

When you join Howden Re, you become part of a vibrant and entrepreneurial workplace culture that prioritizes collaboration, ownership, and shared success. Here, your contributions will directly impact our mission to be the global partner of choice in reinsurance and strategic advisory. Be a part of Howden Re's exciting journey. Together, we are shaping the future of reinsurance.

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 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 North America 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.

Company

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.