Senior Underwriter – Transaction Risk Insurance SE & LATAM

Tokio Marine HCC International; Barcelona; On-site; EUR 70,000 - 110,000; Full time

Job summary

Tokio Marine HCC International is seeking a (Senior) Underwriter focusing on Mergers & Acquisitions (Transaction Risk Insurance). You will join a regional team, report to the Transaction Risk Insurance Manager Southern Europe and Latam, and handle selection, analysis, and pricing of policies to issue final documentation.

You will negotiate terms, build relationships with brokers and insureds, and ensure compliance with company standards, while supporting travel to events and special projects

Qualifications

• 3–5 years’ experience in a transactions-focused role (law firm, corporate, advisory)
• Bachelor’s or Master’s degree in Law
• Excellent written and oral English; French or Italian required; Spanish or Portuguese a plus
• Strong knowledge of transactional exposures (taxation, breaches, litigation, price adjustment, damages)
• Experience with representations and warranties or TRI solutions is a must
• Solid understanding of financial statements is a plus

Responsibilities

• Analyze data relating to an account and assess financial/trends/industry conditions
• Follow underwriting guidelines and present recommendations to the underwriting committee
• Autonomously manage the underwriting process for complex M&A insurance projects
• Draft and negotiate policy terms for risks and challenges of an M&A deal
• Coordinate with external legal counsel and manage relationships with brokers, lawyers, and deal principals
• Attend conferences and participate in special underwriting projects and best practices

Skills

English (fluent)

French or Italian

Spanish/Portuguese a plus

Education

Law degree (Bachelor/Master)

Job description

Position : (Senior) Underwriter – Transaction Risk Insurance

About Tokio Marine HCC :

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 don’t 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 confidence. In turn, our competitive salaries, attractive benefits, and potential for career growth allow you to take on opportunity with confidence.

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 company’s 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.
• 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 3– 5 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.
• Bachelor’s or master’s degree in Law.
• Excellent written and oral communication skills in English and French or Italian. Spanish or Portuguese are a plus.
• Advanced knowledge of legal exposures in transactions (taxation, breaches, litigation, price adjustment, damages, etc.).
• Specific experience with negotiating or mediating representations and warranties or other transactional risk insurance solutions is a must.
• Solid understanding of financial statements is a plus.