Underwriter, Transactional Liability

Berkshire Hathaway Specialty Insurance; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm in London is seeking a W&I Underwriter to join their Transactional Liability team. In this role, you will market and build relationships with insurance brokers, assess risks, and negotiate policies. The ideal candidate should possess strong analytical and communication skills, ideally with prior experience in underwriting Warranty and Indemnity Insurance. This company offers a competitive package and opportunities for career growth.

Benefits

Competitive package

Career growth opportunities

Dynamic work environment

Qualifications

• Prior experience underwriting warranty and indemnity insurance.
• Legal, accounting, tax, or M&A background preferred, but not required.
• Ability to work within a team in a fast-paced environment.

Responsibilities

• Review transaction materials for target company profiles.
• Underwrite M&A transactions and draft W&I policies.
• Establish and expand broker and customer relationships.

Skills

Underwriting W&I insurance

Analytical skills

Problem-solving skills

Attention to detail

Strong communication

Job description

Overview

Berkshire Hathaway Specialty Insurance (BHSI) provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity

The Transactional Liability team provides insurance in connection with Mergers & Acquisitions and other transactions, including Warranty and Indemnity Insurance and Tax Insurance. In this role, the W&I Underwriter will collaborate with our Transactional Liability team to execute Warranty and Indemnity Insurance policies across a wide range of industry sectors. Responsibilities will include marketing to and building relationships with insurance brokers and customers; exercising good judgement to assess and analyze risks and offer appropriate indications; managing and evaluating due diligence and negotiating policies.

Duties & Responsibilities

• Review transaction materials to understand target company profiles and provide preliminary terms
• Underwrite M&A transactions and draft W&I policies in an expedient and thoughtful manner, focusing on the diligence process and the scope of the warranties
• Draft and negotiate W&I insurance policies
• Work in a fast-paced environment, multi-task, and make quick decisions while maintaining underwriting integrity
• Maintain awareness of the competitive environment in, and the unique risk profile of, the product line
• Establish, develop and expand broker and customer relationships

Qualifications, Skills and Experience

• Prior experience underwriting W&I insurance
• Legal, accounting, tax or M&A background preferred, but not required
• Ability to work within a team in a fast-paced environment
• Strong analytical and problem-solving skills
• Careful attention to detail
• Strong communication skills, both verbal and written, and desire to build industry relationships

BHSI Offers

• A company with a truly unique opportunity and value proposition in the marketplace.
• A competitive package and exciting growth opportunities for career-oriented teammates
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework

How to Apply

To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to [e-mail]