Junior Underwriter, Tax

Liberty Mutual Insurance; United States; On-site; USD 65,000 - 85,000; Full time

Job summary

Liberty Mutual Insurance in the United States is seeking a Junior Underwriter, Tax to assist senior underwriters in underwriting tax liability insurance for M&A, restructurings, and tax-related incentives. You’ll review tax opinions and documentation, and help finalize policy terms.

The role emphasizes strong analytical and communication skills, with opportunities to develop tax underwriting expertise within Liberty Mutual’s growing GTS unit.

Qualifications

• Experience specializing in taxation or tax accounting (preferably 3+ years) from a respected accounting or law firm.
• Strong decision making and analytical abilities with attention to detail.
• Effective written and verbal communication, including tax concepts.

Responsibilities

• Assess tax risks and review related tax opinions, memos and due diligence documents.
• Assist in negotiating and finalizing policy wording and coverage.
• Collaborate with underwriters to appraise transactions and build client relationships.
• Provide high-level underwriting service and ensure timely execution for brokers/clients.
• Develop relationships with brokers, clients and advisors to facilitate deals.
• Support marketing and business development activities for the Liberty GTS brand.
• Contribute to a collaborative team environment aligned with GTS values.

Skills

Taxation

M&A tax

Underwriting

Analytical skills

Communication skills

Legal reading

Relationship building

Education

CPA and MST

Legal degree and tax LLM

Job description

The Junior Underwriter, Tax role provides a rare opportunity to develop your career as part of a market-leading, dedicated team of underwriting professionals. We are looking for an intelligent and enthusiastic candidate to assist more experienced underwriters in underwriting bespoke tax liability insurance policies covering potential tax liability as a result of M&A transactions, internal restructurings, tax incentives related to investments in renewable energy, and other transactions.

Responsibilities

GTS is proud of its reputation for training and developing staff and as such, this role offers great potential for an individual with a strong tax and legal (and/or M&A background) interested in establishing or further developing expertise in this exciting and growing sector of the insurance market.

• Assessing tax risks
• Reviewing related documentation, tax advisory opinions, memoranda, ruling requests, sale and purchase agreements and due diligence reports/materials from a tax perspective
• Assist in negotiating and finalizing policy wording and coverage
• Working as part of a dynamic team of underwriters to assist in the underwriting of transactions
• Ensuring that brokers and clients receive a high level of underwriting service and certainty of execution that differentiates GTS from its competitors
• Establishing and maintaining strong relationships with brokers, clients and advisors to facilitate deal appointments
• Assisting the team to build the Liberty GTS brand through marketing and business development opportunities
• Contributing to an effective team environment by interacting professionally with all team members in line with GTS core values

Qualifications

• Experience specializing in taxation or tax accounting (with a preference for M&A tax) or tax liability insurance, (preferably 3+ years) from a well-regarded accounting or law firm
• Sound decision making and analytical skills
• Excellent verbal and written communication skills
• Strong legal reading skills and broad understanding of legal and contract concepts
• Interpersonal and relationship building skills
• Business, financial and risk awareness/understanding a plus
• and CPA and MST, or legal degree and tax LLM

About Us

We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Equal Opportunity Employer

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco