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Associate Insurance Advisory

3 months ago


London, Greater London, United Kingdom myGwork Full time

This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community.

From day one, our mission has been to create an independent business with a unique culture - one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success.

People come to Howden for lots of different reasons, but they stay for the same one: our culture. That's what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities - work/life balance, career progression, sustainability, volunteering - you'll find like-minded people driving change at Howden.

The Role

We are seeking a personable and ambitious individual to assist in growing our Power & Renewable Energy Insurance Advisory Practice. The role will require an independent and entrepreneurial approach, a willingness to learn and use initiative, attention to detail and a desire to help other members of the team. As part of the role, you will provide insurance advice to investor clients. Our clients include Start-ups, Private Equity, Corporate and Infrastructure investors, Financial Institutions as well as established Integrated Utilities. With support from Howden and the Insurance Advisory Practice, you will provide pre-acquisition and pre-divestment insurance advisory and due diligence services.

Key Responsibilities

  • Advise clients on the existing and historical insurance programme to determine if the insurance programme is in line with expectations;
  • Identify risk and insurance related issues that may impact the transaction;
  • Review and comment on insurance provisions of material project agreements (contract review);
  • Design insurance programme and strategy pre-financial close;
  • Review and comment on insurance provisions in financing documentation;
  • Determine current costs associated with the insurance programme and estimate what these costs will be post-completion;
  • Review claims data to identify any trends;
  • Negotiate and discuss insurance-related topics with project counter-parties;
  • Issue formal reports to the investor client; and
  • Meetings to discuss the findings of the report.

Skills & Attributes

  • Keen interest in power and renewable energy, its technologies and markets;
  • 2-5 years work experience ideally working in the insurance industry (e.g. underwriting, broking or lenders advisory) or in advisory/consulting related to the energy industry (e.g. energy consulting) or project finance;
  • A good degree of knowledge of Liability, Property or Financial Lines insurances and reinsurance;
  • Previous experience of providing IDD services to investor clients would be beneficial;
  • Analytical, with an attention to detail and willingness to learn;
  • Able to build sustainable working relationships;
  • Able to work independently and use initiative; and
  • Articulate, personable and willing to meet clients/prospective clients and their advisors to explain our offering.
  • Willingness to travel on business.

Qualifications

  • Fluency in English mandatory;
  • Fluency in Spanish desirable;
  • Any additional language skills welcome;
  • Higher Education (e.g. economics, engineering, environmental) welcome.

Our Culture: People First

We've travelled far since opening our first office in 1994. Back then we were local experts - based in London, with direct access to the world's biggest insurance market. We're still locals, and we still deliver the right advice and the right insurance to our clients. But now, we're local all over the world. With 15,000 global colleagues and a partner network spanning more than 100 territories, we are the largest independent insurance broker in the world. But our values haven't changed since day one, when we set out to create a company grounded in:


• An employee-ownership model

• Aligned external investors

• The trust and integrity born of friendship

• Expertise

• Independence

Our focus on being a people-first business has always been at the very heart of Howden. Our vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Our employee ownership model sets us apart in the market. It's created a culture of collaboration and innovation, where we're driven to think bigger and empowered to challenge convention.

Our flat structure and entrepreneurial spirit help us attract the best people and empower them to be the best version of themselves. And when we bring in and nurture great talent, more follows. That makes us better - and that's better for everyone.

Diversity & Inclusion


At Howden 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 their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

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