At a Glance
- Tasks: Underwrite M&A transactions and build relationships with brokers and customers.
- Company: Join Berkshire Hathaway Specialty Insurance, a trusted global insurance partner.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Why this job: Be part of a team shaping the future of specialty insurance.
- Qualifications: Experience in underwriting or a background in legal, accounting, or M&A preferred.
- Other info: Embrace a culture of integrity, collaboration, and individual excellence.
The predicted salary is between 36000 - 60000 £ 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 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
Contact Detail:
Berkshire Hathaway Specialty Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter, Transactional Liability
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical and problem-solving skills. Share specific examples of how you've tackled challenges in the past, especially in fast-paced environments like M&A.
✨Be Prepared for Quick Decisions
In the world of underwriting, things move fast! Practice making quick decisions and think on your feet. You might even want to do some mock interviews where you have to respond to scenarios on the spot.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in being part of our unique culture at BHSI.
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!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re excited about this role and how you can contribute to our team. Be genuine and let your passion for the industry come through – we love that!
Showcase Your Team Spirit: We value collaboration, so don’t forget to mention your experience working in teams. Share examples of how you’ve successfully worked with others to achieve goals, as this is key to thriving at BHSI.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, it shows you’re keen on joining our unique culture!
How to prepare for a job interview at Berkshire Hathaway Specialty Insurance
✨Know Your Stuff
Before the interview, dive deep into understanding the specifics of Warranty and Indemnity Insurance. Familiarise yourself with M&A transactions and the key risks involved. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Analytical Skills
Be prepared to discuss examples from your past experiences where you've had to analyse complex information or make quick decisions. Highlight how your analytical skills can contribute to underwriting integrity and risk assessment in a fast-paced environment.
✨Build Rapport with Interviewers
Since relationship-building is crucial in this role, practice engaging with your interviewers. Ask insightful questions about their experiences at BHSI and share your thoughts on the insurance industry. This will demonstrate your communication skills and ability to connect with others.
✨Emphasise Teamwork and Collaboration
BHSI values collaboration, so be ready to discuss how you've successfully worked within a team in previous roles. Share specific instances where you contributed to a team's success and how you can bring that collaborative spirit to the Transactional Liability team.