Finance Business Partner

Howden•Edina, MN

5h•Hybrid

About The Position

Howden is a global collective of talented and passionate people who have pushed the boundaries of insurance. We are united by a shared passion and a no-limits mindset, 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. Howden Re is the global reinsurance broker and risk, capital, & strategic advisor focused on relentless innovation & superior analytics for top client service.

Requirements

5 years of experience in a business-related position & environment
Bachelor’s degree preferred
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 involves client related tasks
Proficient with Microsoft Office Products, including Excel, PowerPoint, and Word
Strong time management skills and project management skills
Highly motivated and committed to continually developing your professional skillset

Responsibilities

Revenue – Financial reporting / Monthly held book forecasts
Facilitate annual business plan review which generally takes up to two months
Review monthly reports for accuracy, including follow-up with Account Execs (“AEs”), to ensure numbers reflect latest feedback received from brokers
Validate numbers for coming month and ensure appropriately included in monthly Flash and quarterly Reforecast submissions to Howden Group
Reviewing prior and future months for changes / issues to flag with AEs / broking teams, and collaborating closely with them to resolve discrepancies
Prepare monthly ppt summary to recap organic growth in existing accounts, new business wins, and other MTD changes to be communicated to the team & leadership
Pipeline Review items captured in Compass and work closely with team leader(s) and AEs to build new business targets into annual budget process
Incorporate wins into monthly held book forecasts as new business is generated
Brokerage Sharing Inventory all BSAs within North America revenue book
Ensure BSAs are appropriately reflected for financial reporting purposes
Develop and model BSA structures based on related inventory in existing portfolio
Create best practices on key language within the BSA in coordination with Legal and Contract teams and socialize with brokers, as needed
Identify trends / opportunities based on existing deals for Howden Re to optimize approach to BSAs
Best Practices / General Streamline monthly process and continue to improve / automate existing workflows
Responsible for communicating best practices related to reporting and BSAs
Communicate key dates on business plan reporting, monthly reporting and any follow-ups related to BSAs (timing of remittance, etc.)
Follow-up with AEs leading up to effective date of treaties to ensure all reinsurance placements are completed timely / documented correctly to enable revenue recognition in anticipated reporting period – be pro-active vs re-active
Role will liaise with North America Broking and Operations teams (Accounting, Contract & Legal)