Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.
People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
Location:London
Start date:September 2026
Salary:£40,000
Closing date:Friday 5 thJune
Working structure:4 days in office
Howden CAP and Tax & Contingent Risk
Howden CAP (Capital, Advisory and Placement)advisesbanks, large corporatefirmsand investment funds on how insurance canfacilitatetransactionssuch asinvestments,loansand acquisitions
Within CAP, our Tax&ContingentRiskteams pecialises in helping clients manage high-value legal, tax and financial risks. We deal with big ‘what if’ risks that would incur a large financial cost if they do happen.Rather than fixing problems after they happen, our team ofexpertsidentifiesuncertain risks and designs bespoke insurance solutions to transfer those risks to insurers.
You will be joining a highly technical and deal-drivenenvironment where you will have theopportunityto work closely with private equity funds,banksand largecorporates
The Graduate Programme
You will kick start your career in insurance by joining our 2-year rotational programme, completing four 6-month rotations across the following areas:
M&A Tax:helps buyers, sellersand investors complete deals byidentifyingtax risks and using bespoke insurance to remove those risks from transactions.
Contingent Risk:protects clients against major future legal, regulatory or tax risks by designing insurance that pays out if those risks occur later.
Client Development:helpgrow the business byidentifyingnew opportunities, building clientrelationshipsand bringing new risks and deals into the pipeline.
Strategic Opportunities: places insurance for nuanced and untested tax risks, including risks that are highly contentious or in live dispute. The team also has a mandate and the regulatory permissions to develop and execute insurance backed financing solutions, which are bespoke to each client.
This programme is designed to give you early exposure to real client work, supported by structured training and hands‑on learning from experienced professionals.
Whatyou’llbe doing?
M&A Tax
Supporting live deals byidentifyingtax and legal risks and helping draft insurance submissions and client reports
Working with clients and insurers to structure bespoke tax insurance so deals can complete without money being held back
Contingent Risk
Researching and analysing future legal, regulatory or tax risks, and helping design insurance to cover those risks
Preparing insurance reports, speaking with insurers, and supporting the negotiation and binding of policies on live transactions
Assistin developing financial models to project cash flows and assess financial outcomes of alitigationportfolio.
Client Development
Researching clients and markets, following up onleadsand supporting senior team members with pitches and presentations
Helping develop new products and opportunities by working closely with broking teams and insurers
Strategic Solutions
Supporting the team to research complex or emerging taxrisks andcarrying out market analysis toidentifynew opportunities.
Assistingon live deals, including gathering information and helping prepare documentation for insurers and clients.
Learning how to analyse transactions and financing structures, and how insurance can be used to support and improve these.
What are we looking for?
No experience or technical knowledge isrequired-we’llteach you everything you need to know!
Recent or soon-to-be graduates studying towards any degree backgroundwho are interested in careers within M&A, Tax and Banking/Finance.
Ambitiousandhard-workingindividualswho are solutions orientated.
Resilientself-starterswhocanwork at a fast pace andperformunder pressure.
Curiousand eager learners who are motivated toapply technical concepts.
Excel is useful for financial modelling tasks but notrequired
Strong interpersonal skillsand ability tobuild trustingrelationships withstakeholder at all levels.
You must have full unrestricted right to work in the UK.
Why should you apply?
Opportunity to complete fully funded professional and technicalqualificationsrelevant for your role and career pathway.
Access to discounted personal health policies as well as a range of insurance products.
25 days annual leave plus bank holidays and an extra day off for Christmas.
Competitive salary and generous pension scheme.
Excellent training and development schemes and accelerated career progression.
Cycle to work loan scheme and discount on gym memberships.
2 daysallocatedto take part in volunteering schemes.
Application process
Our application process is designed to help you show your potential, not to test what you already know!
At Howden, we are committed to developing andmaintaininga culture of equality and diversity in the workplace and welcome applications from all backgrounds.
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
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.
Permanent
We’re Howden, the people first insurance group with employee ownership at its heart.
From launching with just three employees in 1994, we’ve grown to over 23,000 people around the globe. Together, our expertise span the full spectrum of insurance: broking, reinsurance, underwriting, risk consultancy and employee benefits.
We rise to any challenge and are determined to use insurance as a force for good.
