Howden Buffalo Inc

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

Howden Buffalo Inc$125K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years reinsurance broking experience
  • Strong technical knowledge of actuarial analysis and catastrophe modeling techniques
  • Proficient in analyzing policy bordereaux, loss runs, triangles, and rate changes
  • Ability to interpret expected loss and loss volatility metrics
  • Familiarity with insurance and reinsurance regulatory best practices

Responsibilities

  • Lead and manage key US facultative reinsurance client portfolios
  • Develop renewal and placement strategies based on client goals and market conditions
  • Oversee client submissions and preparation of placement materials
  • Build detailed technical analyses for client portfolios
  • Negotiate contract wording and coordinate with legal experts
  • Assist clients with profitability analysis and growth strategy development
  • Collaborate with Howden Re resources for effective client service

Benefits

  • Medical, dental, and vision coverage
  • Unlimited paid time off (PTO)
  • 401k plan with company match
  • Paid volunteer days
  • Supportive environment for new ideas and career growth
Full Job Description


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.

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


Qualifications:

  • 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


The expected annual salary for this role is $125,000-$150,000; 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.

About Howden Buffalo Inc

Howden Buffalo Inc is a manufacturer of air and gas handling equipment. The company offers a range of products including fans, blowers, compressors, and gas turbines. Howden Buffalo Inc serves a variety of industries including power generation, oil and gas, mining, and marine. The company was founded in 1854 and is headquartered in Milford, Ohio.
Learn more about Howden Buffalo Inc
Size
1,000 employees
Industry

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