Account Executive

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.

Responsibilities

• 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.

Requirements

• 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.

Qualifications

• 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.

What we offer

• A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us: