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.
- Other info: Be part of a non-bureaucratic team that values individual excellence and collaboration.
- Why this job: Make an impact in the insurance industry while building valuable relationships and skills.
- Qualifications: Experience in underwriting or a background in legal, accounting, or M&A preferred.
The predicted salary is between 36000 - 60000 £ per year.
Who We Are:
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 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
Underwriter, Transactional Liability employer: Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is an exceptional employer that champions a values-based culture defined by respect, integrity, and collaboration. With a commitment to diversity and inclusion, BHSI offers its employees a dynamic work environment where they can thrive and grow professionally, particularly in the fast-paced field of Transactional Liability. Employees benefit from competitive packages, exciting career advancement opportunities, and the chance to be part of a team dedicated to excellence in the insurance industry.
Contact Details:
Berkshire Hathaway Specialty Insurance Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Transactional Liability
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those involved in M&A. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Show off your expertise! Prepare to discuss your previous underwriting experiences and how they relate to the role. Be ready to share specific examples of how you’ve assessed risks and built relationships.
✨Tip Number 3
Research BHSI’s culture and values. When you get the chance to chat with them, mention how your personal values align with theirs. It shows you’re not just looking for any job, but you want to be part of their team.
✨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 genuinely interested in joining the BHSI family.
We think you need these skills to ace Underwriter, Transactional Liability
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 do at BHSI!
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 insurance industry come through. We love seeing that enthusiasm!
Showcase Your Communication Skills:Since strong communication is key in this role, make sure your written application reflects that. Use clear and concise language, and don’t forget to proofread for any typos. 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’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Berkshire Hathaway Specialty Insurance
✨Know Your Stuff
Make sure you brush up on your knowledge of Mergers & Acquisitions and Warranty & Indemnity Insurance. Familiarise yourself with the latest trends in the industry and be ready to discuss how they might impact underwriting decisions.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical and problem-solving skills during the interview. Think of specific examples from your past experience where you successfully assessed risks or made quick decisions under pressure.
✨Build Rapport
Since relationship-building is key in this role, practice how you’ll connect with your interviewers. Be personable and show genuine interest in their experiences at Berkshire Hathaway Specialty Insurance. This will help you stand out as a team player.
✨Ask Insightful Questions
Prepare thoughtful questions that reflect your understanding of the company’s values and culture. Inquire about how the Transactional Liability team collaborates and what challenges they face in the current market. This shows you’re not just interested in the role, but also in contributing to the team.
