Senior Account Exec (Director) - Facultative – Property/Energy

Howden; New York (NY); On-site; USD 125,000 - 150,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k with company match

Unlimited PTO

Job summary

Howden Re North America seeks a seasoned professional to lead a portfolio of US facultative reinsurance clients and drive renewal and placement strategies. You will prepare client submissions and collaborate across Howden resources to deliver exceptional service.

The ideal candidate has 5–7 years of reinsurance broking experience and strong actuarial or catastrophe modeling knowledge, with a solid grasp of regulatory practices and loss analytics.

Qualifications

• 5–7 years reinsurance broking experience.
• Strong knowledge of actuarial analysis and/or catastrophe modeling techniques.
• Ability to interpret policy bordereaux, loss runs, triangles, and rate changes.
• Understanding of regulatory and compliance best practices in insurance/reinsurance.

Responsibilities

• Lead and manage a portfolio of key US facultative reinsurance clients.
• Develop and execute renewal and placement strategies aligned with client objectives and market conditions.
• Oversee preparation of client submissions, presentations and placement materials.
• Collaborate with Howden Re resources to deliver top-tier client service.
• Negotiate contract wording with drafters and regulatory experts.
• Assist clients with profitability analysis and growth strategies.

Skills

Reinsurance broking

Actuarial analysis

Catastrophe modeling

Loss runs analysis

Regulatory compliance

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.

Responsibilities

• Lead and manage a portfolio of key US facultative reinsurance clients, while supporting new business development opportunities .
• Develop and execute renewal and placement strategies that align with client objectives and market conditions
• Knowledge of insurance distribution chain and insurance carrier expense structures
• Understanding of basic RBC and BCAR calculations
• Oversee the preparation of client submissions, presentations and placement materials
• Building submission and detailed technical analyses for client portfolios
• Working in tandem with all Howden Re resources to deliver effective client service
• Contract wording negotiations and close coordination with contract drafters and legal/regulatory experts
• Assisting clients with profitability analysis and development of growth strategies

Qualifications

• 5-7 years reinsurance broking experience
• Strong technical knowledge of actuarial analysis and/or catastrophe modeling techniques and output
• Comfort in working with analysis of policy bordereaux, loss runs, triangles, ILF tables, rate changes/on-level factors
• Must be able to interpret expected loss and loss volatility metrics from exceedance probability curves
• Knowledge of insurance and reinsurance regulatory and compliance best practices

The expected annual salary for this role is $125,000-$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.