At a Glance
- Tasks: Underwrite M&A transactions and draft insurance policies in a fast-paced environment.
- Company: Join Berkshire Hathaway Specialty Insurance, a leader in commercial insurance with a values-based culture.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment focused on integrity and excellence.
- Why this job: Make an impact in the insurance industry while building valuable relationships and honing your skills.
- Qualifications: Experience in underwriting or a background in legal, accounting, or M&A preferred but not essential.
- Other info: Be part of a non-bureaucratic team that values diversity and individual excellence.
The predicted salary is between 36000 - 60000 Β£ 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 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.
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.
To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to hr.europe@bhspecialty.com.
Underwriter, Transactional Liability London, United Kingdom employer: BERKSHIRE HATHAWAY SPEC INS
Contact Detail:
BERKSHIRE HATHAWAY SPEC INS Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Underwriter, Transactional Liability London, United Kingdom
β¨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and donβt be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can't.
β¨Ace the Informational Interview
If you can, set up informational interviews with folks already working in transactional liability or related fields. This is your chance to learn more about the role and show your enthusiasm. Plus, itβs a great way to get insider tips on what BHSI values in candidates!
β¨Showcase Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and attention to detail. Share specific examples of how you've tackled challenges in the past, especially in fast-paced environments. We want to see how you think on your feet!
β¨Apply Through Our Website
Donβt forget to apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, it shows youβre genuinely interested in being part of our team at BHSI. Letβs make it happen!
We think you need these skills to ace Underwriter, Transactional Liability London, United Kingdom
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Underwriter role. Highlight relevant experience, especially in underwriting or M&A, and showcase your analytical skills. We want to see how your background aligns with what we do at BHSI!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why youβre excited about this role and how you can contribute to our team. Be genuine and let your passion for the industry come through β we love that!
Showcase Your Communication Skills: Since strong communication is key in this role, make sure your written application reflects that. Use clear, concise language and check for any typos or errors. We appreciate attention to detail!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you donβt miss out on any updates. Letβs get you on board!
How to prepare for a job interview at BERKSHIRE HATHAWAY SPEC INS
β¨Know Your Stuff
Before the interview, make sure you understand the basics of Warranty and Indemnity Insurance. Brush up on M&A transactions and be ready to discuss how your background aligns with the role. This shows you're not just interested but also knowledgeable about the field.
β¨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and problem-solving abilities. Think of situations where you had to assess risks or make quick decisions. Being able to articulate these experiences will demonstrate your fit for the fast-paced environment theyβre looking for.
β¨Build Rapport with the Interviewers
Since relationship-building is key in this role, practice how you can connect with your interviewers. Ask insightful questions about their experiences at BHSI and share your thoughts on the industry. This will help you come across as a collaborative team player.
β¨Emphasise Your Attention to Detail
Given the nature of underwriting, attention to detail is crucial. Prepare to discuss how you've successfully managed complex tasks in the past. Highlight any specific instances where your meticulousness made a difference in your work.