At a Glance
- Tasks: Optimise underwriting strategies and manage risk for profitable M&A deals.
- Company: Join a leading firm committed to diversity and innovation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative team atmosphere with a focus on strategic partnerships.
- Why this job: Shape the future of M&A with your expertise in a dynamic environment.
- Qualifications: 5+ years in Financial or M&A Underwriting; relevant degree required.
The predicted salary is between 60000 - 80000 £ per year.
The Transactional Liability Underwriter is responsible for optimizing underwriting strategies, managing risk, and fostering strategic partnerships for profitable deals. The role collaborates internally to resolve complex issues, monitor regulatory changes, and underwrites liability insurance policies in connection with M&A transactions. They shape the portfolio direction, analyze intricate contracts, and tailor coverage to meet deal requirements.
Location: London - UK - Fenchurch
Job Responsibilities:
- Develops and implements underwriting strategies, manages risk appetite, and optimizes profitability for assigned accounts as per the M&A underwriting strategy.
- Identifies inefficiencies and proposes actionable solutions to ensure taxation requirements are met and are based on pre-deal and post-deal tax structures to deliver a positive deal outcome.
- Shares expertise on warranties & indemnity, tax & contingence insurance, guides on complex risk assessment, and empowers associates to make informed underwriting decisions.
- Analyzes intricate contracts, insurance policies and binder agreements, assesses potential liabilities, and identifies hidden risks to inform underwriting decisions.
- Fosters strategic partnerships to drive new business, secures profitable deals, and provides customized client solutions depending on business sector, deal structure, jurisdiction and indemnification obligations.
- Tailors coverage terms and conditions to meet specific client needs while balancing risk considerations and profitability.
- Collaborates with internal stakeholders to resolve complex underwriting issues and develop mitigation strategies.
- Monitors changes in transactional liability laws and regulations to ensure compliance and adapt underwriting practices accordingly.
- Stays ahead of industry trends, conducts research of new sectors, and develops innovative coverage solutions to expand the portfolio.
Work Experience and Education:
- Bachelor’s degree or Master’s degree in Business Administration, Finance, or Risk Management required. Any other related discipline or commensurate work experience considered.
- 5+ years of work experience in Financial or M&A Underwriting with a Bachelor’s degree or minimum of 3 years of work experience with a Master’s degree.
Licenses & Certifications:
- State P&C and/or surplus line license is required.
- Certified Merger and Acquisition Advisor (CM&AA) or Registered Professional Liability Underwriter (RPLU) a plus.
Underwriter in London employer: Ryan Specialty
Contact Detail:
Ryan Specialty Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that underwriter role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with M&A transactions and risk management. We want to see how you can optimise underwriting strategies and tackle complex issues, so come prepared with examples!
✨Tailor Your Approach
Just like you’d tailor coverage for clients, tailor your approach for each job you apply for. Research the company and understand their needs. We’re looking for candidates who can adapt and provide customised solutions, so show us you can do just that!
✨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, we love seeing candidates who take the initiative to engage directly with us. Let’s make it happen!
We think you need these skills to ace Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Underwriter role. Highlight your expertise in M&A underwriting and any relevant certifications to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for underwriting and how your background aligns with our needs. Don’t forget to mention why you want to join StudySmarter specifically.
Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled complex underwriting issues in the past. We love seeing candidates who can think critically and propose actionable solutions!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Ryan Specialty
✨Know Your Underwriting Strategies
Before the interview, brush up on the latest underwriting strategies, especially those related to M&A transactions. Be ready to discuss how you would optimise profitability and manage risk for assigned accounts, as this will show your understanding of the role.
✨Familiarise Yourself with Regulatory Changes
Stay updated on recent changes in transactional liability laws and regulations. Being able to discuss how these changes impact underwriting practices will demonstrate your proactive approach and industry knowledge.
✨Prepare for Complex Contract Analysis
Expect questions that require you to analyse intricate contracts and identify potential liabilities. Practise explaining your thought process when assessing risks and tailoring coverage terms, as this will highlight your analytical skills.
✨Showcase Your Collaborative Spirit
Since the role involves collaborating with internal stakeholders, be prepared to share examples of how you've successfully worked with others to resolve complex issues. This will illustrate your teamwork skills and ability to foster strategic partnerships.