Associate - Facultative Technical Assistant

Posted 28 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
80K-100K Annually
Junior
Professional Services • Real Estate • Financial Services
The Role
Support facultative reinsurance brokers by preparing pre/post-placement and submission materials, tracking quotes and authorizations, building client presentations, reviewing datasets and contracts, quantifying reinsurance impacts, researching market trends, and working independently or collaboratively on client-related tasks.
Summary Generated by Built In

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.

Primary Responsibilities:

  • Supporting brokers across the team
  • Creating pre & post placement materials
  • Constructing reinsurance submission materials
  • Tracking reinsurer quotes, authorizations, and communication
  • Building client presentations within PowerPoint
  • Reviewing/editing documents such as large datasets within Excel, and reinsurance contracts
  • Quantifying the impact of various reinsurance structures on individual large losses and/or insurance company financials
  • Researching market trends
  • Candidates need to have the ability to work independently and as a member of a team.

Qualifications:

  • 1 to 3 years of experience in a reinsurance, underwriting or related position & environment
  • Bachelor’s degree in Risk Management & Insurance, Finance, Accounting, Mathematics, or a business-related field
  • Interest in pursuing a career within Reinsurance
  • Proactive, creative and analytical thinker that works well independently and within a team
  • Excellent written and verbal communication skills
  • Desire and interest to pursue an opportunity that is involving client related tasks
  • Ability to apply mathematical thinking in the business and insurance environment
  • Proficient with Microsoft Office Products, including Excel, PowerPoint, and Word
  • Strong time management skills and project management skills
  • Detail oriented
  • Highly motivated and committed to continually developing your professional skillset
  • Must be authorized to work in the U.S.

The expected annual salary for this role is $80,000-$100,000; 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.

Skills Required

  • 1 to 3 years of experience in reinsurance, underwriting or related position
  • Bachelor's degree in Risk Management & Insurance, Finance, Accounting, Mathematics, or business-related field
  • Interest in pursuing a career within Reinsurance
  • Proactive, creative and analytical thinker who works well independently and in a team
  • Excellent written and verbal communication skills
  • Desire and interest to perform client-related tasks
  • Ability to apply mathematical thinking in business and insurance environment
  • Proficient with Microsoft Office Products including Excel, PowerPoint, and Word
  • Strong time management and project management skills
  • Detail oriented
  • Highly motivated and committed to continual professional development
  • Must be authorized to work in the U.S.
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The Company
3,000 Employees
Year Founded: 1994

What We Do

Hyperion Group is a vertically integrated investor, developer, and operator of residential and mixed-use real estate with a focus on South Florida and New York. The firm utilizes its extensive financial, legal, and development expertise to identify unique opportunities, managing a portfolio of high-end residential units and mixed-use properties to deliver significant value to its investors and stakeholders.

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