Contracts Intern

Howden; United States; Remote; USD 3,069,000 - 4,370,000; Full time

Job summary

Howden Re is offering a Contracts Internship located in Edina, MN, New York, NY or remote. You will learn reinsurance contracts processes, support the drafting and transmission of final contracts, and track status across multiple teams.

Ideal candidates are pursuing a bachelor’s degree, with a 3.0+ GPA, and are proficient in Excel, Word and PowerPoint. The program emphasizes hands-on learning in a deadline-driven client-service environment.

Qualifications

• Actively pursuing a Bachelor’s degree.
• GPA 3.0+ required or preferred.
• Proficient with Microsoft Excel, Word and PowerPoint.

Responsibilities

• Review and convert final Reinsurance Contracts and related documents to PDFs.
• Transmit documents to ceding companies and reinsurers as directed.
• Track document status using the tracking tool and monitor the Outlook mailbox.

Skills

Clear communication

Multitasking

Education

Bachelor's degree in any subject

Tools

Excel

Word

PowerPoint

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

Internship: Contracts

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

Salary: up to $27/hr + overtime
Deadline to apply: Friday 16th October

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.

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.

On a day-to-day basis you’ll:

• 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

You’ll be working towards a Bachelor’s degree in any subject. You’ll be able to clearly communicate your thoughts and ideas both in writing and in person. And be able to handle multiple tasks and projects at the same time in a client service, deadline-driven environment.

You will:

• 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

Our Application process

Our application process is designed to help you show your potential, not to test what you already know!

Online application form: to make sure you’re eligible for the internship, and to upload a resume.

Pre-recorded video interview: You’ll record your answers to a few questions using your phone or laptop, giving you the chance to tell us more about yourself in your own time in a relaxed setting.

Assessment center: Our final stage is an assessment center, which will ideally be in-person, but may be virtual. You’ll take part in some fun group activities and meet our team in a relaxed setting. This day is all about getting to know you better and for you to see what it’s like to be part of Howden and experience our culture.

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.