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Binding authority operations associate

London
Howden Re
Posted: 15 July
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Howden is a collective - a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mind-set, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 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 disappointed head-hunters for years. Whatever your priorities - work/life balance, career progression, sustainability, volunteering - you'll find like-minded people driving change at Howden.


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 prioritises 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.

What is the purpose of this role?

This role is for a Binding Authority Operations Associate within a rapidly growing Binders team. As a member of the Binding Authority Operations team, you will be responsible for managing the various servicing requirements for assigned client accounts. This includes, but is not limited to, Contract preparation, Coverholder Compliance and Support, and bordereaux processing.

What will the role involve?

Full ownership of allocated Coverholder accounts, including but not limited to:

* Drafting New and Renewal Binding Authority Agreements and mid-term Endorsements.
* Updating ATLAS and DCOM.
* Corresponding with clients regarding Contracts, Reporting and Premium settlements.
* Providing Underwriters with various Bordereaux and Premium updates.
* Updating and Maintaining Internal Broking System Records.
* Updating and Maintaining Monitoring Spreadsheets.
* Processing Contracts and Premium Bordereaux through internal systems and IMR.
* Supporting Team Members on all of the above
* Additional duties as may be required.

What experience are we looking for?

We are looking for someone who has experience in managing all aspects of Lloyd's Binding Authorities, including:

* Preparing Binding Authority Contracts across specialty Classes of Business
* Using ATLAS and DCOM
* PPL experience
* Reviewing and processing Premium Bordereaux
* Using the IMR/dealing with Xchanging.
* Liaising with Underwriters and Clients.
* Dealing with risk reports.

Who are we?


Howden is a collective - a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mind-set, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 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 disappointed head-hunters for years. Whatever your priorities - work/life balance, career progression, sustainability, volunteering - you'll find like-minded people driving change at Howden.


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 prioritises 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.

What is the purpose of this role?

This role is for a Binding Authority Operations Associate within a rapidly growing Binders team. As a member of the Binding Authority Operations team, you will be responsible for managing the various servicing requirements for assigned client accounts. This includes, but is not limited to, Contract preparation, Coverholder Compliance and Support, and bordereaux processing.

What will the role involve?

Full ownership of allocated Coverholder accounts, including but not limited to:

* Drafting New and Renewal Binding Authority Agreements and mid-term Endorsements.
* Updating ATLAS and DCOM.
* Corresponding with clients regarding Contracts, Reporting and Premium settlements.
* Providing Underwriters with various Bordereaux and Premium updates.
* Updating and Maintaining Internal Broking System Records.
* Updating and Maintaining Monitoring Spreadsheets.
* Processing Contracts and Premium Bordereaux through internal systems and IMR.
* Supporting Team Members on all of the above
* Additional duties as may be required.

What experience are we looking for?

We are looking for someone who has experience in managing all aspects of Lloyd's Binding Authorities, including:

* Preparing Binding Authority Contracts across specialty Classes of Business
* Using ATLAS and DCOM
* PPL experience
* Reviewing and processing Premium Bordereaux
* Using the IMR/dealing with Xchanging.
* Liaising with Underwriters and Clients.
* Dealing with risk reports.

What do we offer in return?


A career that you define.

Our business succeeds by allowing our people to make a mark in the areas they care about most: personal development, volunteering, and fundraising for charity, or creating new insurance products that address society's greatest challenges.

And we know that separate home and work lives don't really exist. If you're happy and healthy at home, you're more likely to be happy and fulfilled at work - and vice versa. That's why we do our best to support our people in every aspect of their lives.


Diversity and Inclusion


At Howden we value diversity - there is no one Howden 'personality type'. Instead, we're looking for individuals who share the same values as us:

* Our successes have all come from someone brave enough to try something new
* We support each other, in the small everyday moments and the bigger challenges
* We are determined to make a positive difference, at work and beyond

We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect - regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status, or family circumstances.


Reasonable adjustments


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.

Our sustainability promise


We're on a life-long journey to become an ever-more sustainable group. It's a commitment to taking care of our people and the world we live in, to doing good business, and to making a positive impact wherever we can. Our governance processes, company policies, and review systems are all geared towards our goal of making a positive impact in the world. You can read more about our sustainability work here.


Seniority level

* Seniority level

Entry level


Employment type

* Employment type

Full-time


Job function

* Job function

Administrative and General Business
* Industries

Insurance

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