Account Executive

Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.

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

We’re looking for an Account Executive to join our Credit and Political Risk team within Howden CAP. Working with banks, financial institutions, corporates, funds and commodity traders, you’ll help structure, negotiate and place credit and political risk insurance solutions. You’ll manage day-to-day placements, build relationships across the client and insurer market, and take increasing ownership of client relationships and business development opportunities.

• →Manage client enquiries, placements, renewals and mid-term adjustments, delivering a responsive and professional service.
• →Develop strong client relationships by understanding their businesses, financial transactions, risk exposures and insurance requirements.
• →Structure, negotiate and place credit and political risk insurance solutions that respond to clients’ specific needs.
• →Prepare and present insurer submissions, negotiate terms and secure competitive coverage across Lloyd’s and the wider insurance market.
• →Review quotations, policy wordings and coverage terms to support appropriate solutions for clients.
• →Analyse financial and commercial transactions to understand the underlying risks and relevant insurance requirements.
• →Prepare and review slips, quotations, endorsements and placement documentation, ensuring accurate and timely execution.
• →Build relationships with underwriters and maintain up-to-date knowledge of underwriting appetite, capacity, pricing and wider market developments.
• →Support new business development by identifying opportunities, preparing proposals and working with colleagues across Howden.
• →Coordinate with clients, insurers and internal teams to resolve documentation, premium, credit control and operational matters.
• →Maintain accurate records and ensure placements meet relevant FCA requirements, company policies and financial crime, sanctions, anti-bribery and conflict-of-interest requirements.
• →Develop your technical expertise and market knowledge by working with senior brokers on increasingly complex transactions and taking greater ownership of the placement process.

• Around 3 to 5 years’ experience in insurance broking or a closely related role.
• Good working knowledge of Lloyd’s and the London insurance market, including placement processes and documentation.
• Experience working directly with clients and underwriting markets.
• Experience analysing financial or commercial information and translating it into insurance requirements.
• A working understanding of relevant insurance regulations and compliance requirements.
• Experience managing competing priorities, documentation and deadlines within a client-focused environment.
• Exposure to Credit and Political Risk, trade credit or another relevant specialty insurance class would be advantageous.
• Exposure to banking, structured finance, trade finance or commodity trading, or experience independently negotiating insurance terms and placements, would be beneficial.

• Relevant insurance industry experience supported by a strong academic or professional background.
• Degree or equivalent qualification in Finance, Economics, Business, Law or a related discipline is desirable.
• CII qualifications, or a willingness to work towards relevant professional insurance qualifications, are desirable.
• Strong written and verbal English, with the numerical capability to understand financial and commercial transactions.

#LI-JG1 #Specialty

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs.  Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.