Profit Commission Manager

• This is an excellent opportunity to develop the DUAL Group’s profit commission collection and forecasting, bringing commercial and financial benefits to the Group.
• The role requires strong organisational skills, attention to detail and numeracy.
• Full time position: 5 days a week

Role overview

This is a position within our Group Finance team focusing on DUAL’s profit commission income streams globally.  The priority of this role is to coordinate and speed up the collection of profit commission across DUAL.  This will involve gathering all relevant contracts and information, understanding DUAL’s binding authority agreements and terms and preparing profit commission calculations. The role will work closely with several functions, including Underwriting Management, Actuarial, Data & MI and Regional Management and Finance teams.

The role will also work on broader Group Finance activities as time and availability allows.

The successful candidate will be organised, have excellent attention to detail, strong written and verbal communication skills and a knowledge of insurance.  A key requirement of the role is persistence and perseverance in tracking down information and following tasks through to completion.

Role responsibilities

• Work with the regions to compile the group database of all profit commission arrangements and terms throughout the DUAL Group
• Prepare profit commission calculations for submission to carriers and binder brokers.
• Track cash collections and prepare collection timetables. 
• Project manage and report on progress in collecting profit commission against budgets and forecasts.
• Liaise with regional actuarial, finance, underwriting /claims and data teams.
• Contribute to profit commission terms on future binding authority agreements being negotiated.
• Contribute to separate finance projects and FP&A activities that arise.  Recent examples include analysis of capital expenditure and supplier spend analysis.

Key requirements

• Highly numerate and technically skilled in using systems and manipulating data.
• Thrives in a dynamic, entrepreneurial and changeable environment.  Able to find pragmatic solutions when faced with time or information constraints.
• Ability to manage conflicting demands and prioritise effectively.
• We are flexible on place of work, however, the successful candidate may be required to travel to the London office up to three times a week.
• Experience of working with Unit 4 Coda or a similar general ledger system, and OneStream XF or a similar financial reporting system is desirable.

About DUAL

Working across 22 countries, DUAL has built a reputation as a specialist underwriting group
and the market of choice for insurance intermediaries around the world. That’s how
we have become one of the world’s largest international underwriting agencies (or MGAs) with US$3.2bn of GWP.

DUAL is part of Howden, an international insurance group with employee ownership at its heart. The group was founded in 1994 and now has divisions in broking and underwriting, operates in 55 territories and employs 22,000 people handling US$44.7bn of premium on behalf of clients.

What do we offer in return?

A career that you define.

Yes, we offer all the usual rewards and benefits - including great healthcare provision, a wide variety of wellbeing offers, competitive salary, generous pensions and more - but we know you expect all that.

What you might not expect is a job where everyone has a voice, where volunteering in
the community is part of the day job, and
where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in
the workplace, but in the industry and in the
wider community.

Our culture: people first

Our core values dictate how we live and work. We’re a group with independence and people
at its heart and we’re a home for talent with a unique culture: the biggest small company in
the world.

The focus on being a people-first business has always been at the very heart of the group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the group has been and will continue to be key.

Diversity and inclusion

At DUAL, 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.

Get in touch

If you’re interested in this opportunity,
please send your CV to us at talentacquisition@howdengrp.com or apply on our careers page.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

• Our successes have all come from someone brave enough to try something new

• We support each other in the small everyday moments and the bigger challenges

• We are determined to make a positive difference at work and beyond

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs.  Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.