Underwriter – Transaction Risk Insurance
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Job Location:
Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Tokio Marine HCC (TMHCC) is a leading specialty insurance group with offices in the United States the United Kingdom Europe Ireland and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine group and more than forty years of growth profitability and stability we offer important insurance products that most people dont even know exist.
Just as we invest in our company we invest in our employees careers. We provide our employees a collaborative and rewarding environment within which to gain the knowledge skills and experience that lead to a rewarding career. Our products allow our customers to take on opportunity with turn our competitive salaries attractive benefits and potential for career growth allow you to take on opportunity with confidence.
Role Description:
As an Underwriter focussing on insurance for Mergers & Acquisitions (Transaction Risk Insurance) you will form part of a dynamic team of professionals that focus on developing our portfolio in EMEA. You will directly report to the Underwriting Manager for Transaction Risk Insurance Interantional and carry out selection analysis and pricing of policies as well as negotiate the insurance terms and conditions with brokers and insureds in order to issue the final contractual documentation. You will be key in helping build profitable relationships with brokers and insureds and your role will fully support and comply with the companys objectives and standards.
Responsibilities:
Identify deal risks through the study and analysis of M&A transaction documentation both public and private as well as financial statements due diligence reports etc.
Review M&A insurance submissions prepare and submit quotes liaise with brokers and secure business.
Follow Underwriting guidelines and submit underwriting pricing and negotiations recommendations to senior team members.
Provide support to senior underwriters in all stages of the underwriting process as well as project management including monitoring transaction status quoting and policy progress premium statements and policy related documentation.
Draft negotiate and adapt policy terms for the specific risks and challenges an M&A transaction presents.
Assist and oversee the performance of external legal counsel representing the company in each M&A deal.
Develop and maintain relationships with brokers lawyers private equity firms deal principals and colleagues from Tokio Marine HCC offices worldwide.
Attend off-site conferences sectoral events seminars and meetings.
Requirements:
Minimum 3 years experience in a role focused on transactions e.g law firm corporate legal department investment banking advisory roles in financial services private equity; or relevant experience in TRI underwriting
Bachelors in Law and LLM or Bachelors in Business Administration Finance and Accounting.
Excellent written and oral communication skills in English is a must. Language capabilities in Spanish or Arab are a plus.
Basic knowledge of legal exposures in transactions (taxation breaches litigation price adjustment damages etc.).
Understanding of legal documentation financial statements and tax documentation.
Specific experience with negotiating or mediating representations and warranties or other transactional risk insurance is a plus.
Profile:
Ability to work in a fast-paced multi-tasking environment and complete on tight deadlines.
Strong negotiation and communication skills.
Entrepreneurial with good commercial skills.
Punctual loyal and reliable.
Team player.
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Key Skills
- Time Management
- GIS
- Typing
- Microsoft Office
- Microsoft Access
- Microsoft Outlook
- Workers' Compensation Law
- Benefits Administration
- Underwriting
- Administrative Experience
- negotiation
- Aviation Experience
About Company
We know...insurance With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, Tokio Marine HCC evaluates and manages risk like no one else in the industry.
