At a Glance
- Tasks: Underwrite M&A transactions and collaborate with a dynamic team on innovative insurance solutions.
- Company: Join Berkshire Hathaway Specialty Insurance, a trusted leader in the insurance industry.
- Benefits: Competitive salary, growth opportunities, and a supportive, non-bureaucratic work environment.
- Other info: Be part of a values-driven team that celebrates diversity and collaboration.
- Why this job: Make an impact in the fast-paced world of Mergers & Acquisitions insurance.
- Qualifications: 1-3 years in W&I insurance; strong analytical and communication skills required.
The predicted salary is between 54000 - 66000 £ per year.
Who are we?
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?
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 Associate Underwriter / Underwriter will collaborate with our Transactional Liability team to execute Warranty and Indemnity Insurance policies across a wide range of industry sectors and deal values.
Duties & Responsibilities
- Underwrite M&A transactions with a focus on the London and UK markets.
- Review transaction materials to assess target company risk profiles and develop preliminary indications of terms.
- Draft and negotiate W&I policies, endorsements and related underwriting documents.
- Manage the underwriting process for selected risks, including by engaging and coordinating outside counsel and specialist advisors.
- Maintain awareness of the competitive environment in, and the unique risk profile of, the product line.
- Be an active market participant by establishing, developing and expanding broker and customer relationships .
- Attending industry events and gatherings.
Qualifications, Skills and Experience
- 1 to 3 years of experience in W&I insurance as an underwriting analyst, underwriter or broker.
- Legal, economics, accounting or M&A background preferred, but not required.
- Ability to work within a team in a fast-paced environment, multi-task, and make quick decisions while maintaining underwriting integrity and focusing on underwriting profit.
- Excellent interpersonal skills.
- Strong analytical and problem-solving skills.
- Careful attention to detail.
- Great communication skills, both verbal and written, and desire to build industry relationships.
- Great 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
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
Associate Underwriter / Underwriter Transactional Liability in Slough employer: Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is an exceptional employer, offering a dynamic work environment in London where diversity and inclusion are at the forefront of our culture. With extensive training provided by experienced Senior Underwriters, employees have ample opportunities for professional growth and career progression within the thriving Marine and Cargo insurance market. Join us to be part of a collaborative team that values your contributions and recognises your potential in building a leading insurance company.
Contact Details:
Berkshire Hathaway Specialty Insurance Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate Underwriter / Underwriter Transactional Liability in Slough
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Berkshire Hathaway Specialty Insurance. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Underwriter / Underwriter Transactional Liability in Slough
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Berkshire Hathaway Specialty Insurance.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Berkshire Hathaway Specialty Insurance's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Berkshire Hathaway Specialty Insurance
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Berkshire Hathaway Specialty Insurance.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Berkshire Hathaway Specialty Insurance will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Berkshire Hathaway Specialty Insurance employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
