At a Glance
- Tasks: Lead and develop the European Tax Insurance team, managing tax-related risks and opportunities.
- Company: Join Berkshire Hathaway Specialty Insurance, a top-rated global insurance provider known for integrity and excellence.
- Benefits: Enjoy a competitive package, growth opportunities, and a non-bureaucratic, collaborative work environment.
- Why this job: Be part of a dynamic team shaping the future of tax insurance in a values-driven culture.
- Qualifications: 10+ years of tax experience required; legal degree or industry experience is a plus.
- Other info: No prior insurance policy drafting experience necessary; strong interpersonal skills are essential.
The predicted salary is between 72000 - 108000 £ per year.
A strategic and trusted insurance partner, 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 organisation 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 recognised. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a senior tax professional from a highly regarded law firm, public accounting firm, company or the industry who is interested in joining the dynamic Transactional Liability team of BHSI to lead our rapidly growing Tax Insurance practice in the United Kingdom. The Global Transactional Liability team evaluates risks associated with Mergers & Acquisitions and other corporate transactions and provides: (i) Warranty & Indemnity Insurance; (ii) Tax Insurance; and (iii) Contingent Liability Insurance (e.g., litigation buy-outs and other known risk matters) in Europe, US, Asia, Middle East and Australasia.
The candidate will utilise tax acumen and skills to assess and analyse tax risks, identify attractive opportunities for BHSI, determine and negotiate appropriate terms and conditions, and represent BHSI in promoting and marketing tax insurance to brokers, customers and tax advisors. Prior insurance industry experience is helpful but is not essential.
Duties & Responsibilities:
- Lead and develop the European Tax Insurance team in building and managing a profitable portfolio of tax related risks.
- Review and analyse opportunities for tax insurance involving a wide variety of tax issues, including those arising in M&A transactions, tax credits, restructuring transactions (including spin-offs and recapitalisations), the character or other classification of income and deductions, tax treaty questions and many other European and international tax issues.
- Evaluate the results and adequacy of tax opinions and memoranda, due diligence reports, transaction documents and other information provided with tax insurance submissions.
- Draft and negotiate tax insurance policy contract language (no prior insurance policy drafting experience necessary).
- Work closely in a collaborative team environment and with brokers, customers and outside tax advisers.
- Maintain awareness of the competitive environment in, and the unique risk profile of, the tax insurance product line as well as developments in the tax law and practice.
Qualifications, Skills and Experience:
- 10+ years tax experience at a highly regarded law firm, public accounting firm or company (or any combination of the foregoing). A legal degree and/or prior industry experience will be a plus.
- Ability to work in a fast-paced environment, multi-task and make quick and independent decisions with careful attention to detail.
- Must be friendly, proactive, collaborative and team-focused with strong interpersonal, communication and negotiation skills as well as the ability and desire to interact frequently with lawyers, customers and brokers in order to complete transactions in timely manner and develop relationships for the development of future opportunities.
BHSI Offers:
- A competitive package and exciting growth opportunities for career-oriented teammates
- A dynamic, action oriented, and thoughtful environment centred on always doing the right thing for our customers, teammates and our other stakeholders
- A purposely non-bureaucratic organisation that embraces simplicity over complexity and emphasises individual excellence in a team framework
To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization
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Head of Tax Insurance London, United Kingdom employer: BERKSHIRE HATHAWAY SPEC INS
Contact Detail:
BERKSHIRE HATHAWAY SPEC INS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Tax Insurance London, United Kingdom
✨Tip Number 1
Familiarize yourself with the latest trends and developments in tax law, especially those related to Mergers & Acquisitions. This knowledge will not only help you stand out but also demonstrate your commitment to staying current in a fast-paced environment.
✨Tip Number 2
Network with professionals in the insurance and tax sectors. Attend industry events or webinars where you can meet brokers, customers, and tax advisors. Building these relationships can provide valuable insights and potential referrals for your application.
✨Tip Number 3
Showcase your collaborative skills by discussing past experiences where you successfully worked in a team environment. Highlight how you contributed to achieving common goals, as this aligns with BHSI's values of teamwork and collaboration.
✨Tip Number 4
Prepare to discuss your negotiation skills in detail. Be ready to provide examples of how you've effectively negotiated terms in previous roles, as this is crucial for the position and will demonstrate your capability to represent BHSI confidently.
We think you need these skills to ace Head of Tax Insurance London, United Kingdom
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Head of Tax Insurance position. Tailor your application to highlight relevant experiences that align with the job description.
Craft a Compelling Cover Letter: Your cover letter should clearly outline why you are the perfect fit for this role. Emphasize your tax experience, leadership skills, and ability to work in a collaborative environment. Make it personal and engaging to capture the attention of the hiring team.
Highlight Relevant Experience: In your CV, focus on your 10+ years of tax experience, particularly any roles in law firms or public accounting. Include specific examples of how you've assessed tax risks and contributed to M&A transactions, as these are key aspects of the role.
Showcase Soft Skills: BHSI values interpersonal and communication skills highly. In both your CV and cover letter, provide examples of how you've successfully collaborated with teams, negotiated terms, and built relationships with clients and brokers.
How to prepare for a job interview at BERKSHIRE HATHAWAY SPEC INS
✨Showcase Your Tax Expertise
Be prepared to discuss your extensive tax experience in detail. Highlight specific cases or projects where you successfully assessed and managed tax risks, especially in M&A transactions or restructuring scenarios.
✨Demonstrate Collaborative Skills
Since the role emphasizes teamwork, share examples of how you've worked effectively with cross-functional teams, brokers, and clients. Emphasize your ability to build relationships and collaborate to achieve common goals.
✨Understand the Competitive Landscape
Research BHSI's position in the tax insurance market. Be ready to discuss current trends, challenges, and opportunities within the industry, showcasing your awareness of the competitive environment and tax law developments.
✨Communicate Clearly and Confidently
Strong communication skills are crucial for this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex tax issues or negotiating terms. This will demonstrate your interpersonal skills and ability to engage with various stakeholders.