Senior Account Exec (Director) - Facultative – Property/Energy

Howden•New York, NY

1d•$125,000 - $150,000

About The Position

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.

Requirements

5-7 years reinsurance broking experience
Strong technical knowledge of actuarial analysis and/or catastrophe modeling techniques and output
Comfort in working with analysis of policy bordereaux, loss runs, triangles, ILF tables, rate changes/on-level factors
Must be able to interpret expected loss and loss volatility metrics from exceedance probability curves
Knowledge of insurance and reinsurance regulatory and compliance best practices

Responsibilities

Lead and manage a portfolio of key US facultative reinsurance clients, while supporting new business development opportunities.
Develop and execute renewal and placement strategies that align with client objectives and market conditions
Knowledge of insurance distribution chain and insurance carrier expense structures
Understanding of basic RBC and BCAR calculations
Oversee the preparation of client submissions, presentations and placement materials
Building submission and detailed technical analyses for client portfolios
Working in tandem with all Howden Re resources to deliver effective client service
Contract wording negotiations and close coordination with contract drafters and legal/regulatory experts
Assisting clients with profitability analysis and development of growth strategies