Senior Underwriter – Transaction Risk Insurance
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Job Location:
Monthly Salary:
Posted on:
Yesterday
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 a Senior 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 regional portfolio. You will directly report to the Transaction Risk Insurance Manager Southern Europe and Latam 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:
Analyse data relating to an account: study financial regional/national economic trends and industry conditions in the assigned underwriting discipline.
Follow underwriting guidelines and submit underwriting pricing and negotiations recommendations to the underwriting committee of Transaction Risk Insurance.
Autonomously run the underwriting process of complex M&A insurance projects.
Draft negotiate and adapt policy terms for the specific risks and challenges an M&A transaction presents.
Coordinate and oversee the performance of external legal counsel representing the company in each M&A deal.
Contribute to the professional upbringing of peers and more junior colleagues.
Identify and pursue new business opportunities.
Manage and grow the book of business.
Develop and maintain relationships with brokers lawyers private equity firms deal principals and colleagues from Tokio Marine HCC offices worldwide.
Attend off-site conferences trade shows seminars and meetings.
Coordinate and/or participate in special projects including underwriting standards best practices and legal compliance.
Requirements:
Minimum 5 7 years experience in a role focused on transactions e.g. law firm or corporate legal department advisory roles in financial services private equity; or relevant experience in TRI underwriting.
Bachelors or masters degree in Law.
Excellent written and oral communication skills in English Spanish Italian and/or Portuguese are a must. Additional languages are a plus.
Advanced knowledge of legal exposures in transactions (taxation breaches litigation price adjustment damages etc.).
Solid understanding of financial statements.
Specific experience with negotiating or mediating representations and warranties or other transactional risk insurance solutions is a must.
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.
#LI-AC1
Required Experience:
Senior IC
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.
