At a Glance
- Tasks: Underwrite M&A transactions and build relationships with brokers and customers.
- Company: Join Berkshire Hathaway Specialty Insurance, a leader in commercial insurance.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Why this job: Be part of a team making impactful decisions in the insurance industry.
- Qualifications: Experience in underwriting or a background in legal, accounting, or M&A preferred.
- Other info: Embrace a culture of respect, integrity, and collaboration.
The predicted salary is between 36000 - 60000 £ 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. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
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
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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Underwriter, Transactional Liability 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 Underwriter, Transactional Liability London, United Kingdom
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who might know someone at BHSI. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into M&A trends and the specifics of Warranty and Indemnity Insurance. Show us you’re not just another candidate; be the one who knows their stuff!
✨Tip Number 3
Practice your pitch! Be ready to explain how your background aligns with the role. Whether it’s your analytical skills or your knack for building relationships, make sure we see your passion.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at BHSI.
We think you need these skills to ace Underwriter, Transactional Liability London, United Kingdom
Some tips for your application 🫡
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're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why this role excites you and how you can contribute to our team. Be genuine and let your passion for the industry come through – we love to see that enthusiasm!
Showcase Your Team Spirit: Since we value collaboration, mention any experiences where you've worked effectively in a team. Share examples of how you’ve built relationships in previous roles, as this is key for us at StudySmarter.
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 don’t miss out on any important updates from us!
How to prepare for a job interview at BERKSHIRE HATHAWAY SPEC INS
✨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 will show that you're not just interested in the job, but that you genuinely understand the industry.
✨Showcase Your Analytical Skills
Prepare examples from your past experiences where you've had to assess risks or analyse complex information. Be ready to explain your thought process and how you arrived at your conclusions. This is crucial for an Underwriter role, so make it a key part of your conversation.
✨Build Rapport with the Interviewers
Remember, this is a team-oriented environment. Use the interview to demonstrate your communication skills and ability to collaborate. Ask insightful questions about the team dynamics and how they work together, showing that you value teamwork as much as individual excellence.
✨Stay Calm Under Pressure
Given the fast-paced nature of the role, practice staying composed while discussing scenarios that require quick decision-making. You might even want to prepare for situational questions that test your ability to think on your feet. This will highlight your readiness for the challenges of the job.