Senior Underwriter – Transaction Risk Insurance at Tokio Marine HCC

Barcelona, Catalonia, Spain -

Full Time

Start Date

Immediate

Expiry Date

02 Apr, 26

Salary

0.0

Posted On

02 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting, Negotiation, Communication, Financial Analysis, Legal Knowledge, Mergers and Acquisitions, Relationship Management, Data Analysis, Team Collaboration, Business Development, Problem Solving, Attention to Detail, Project Management, Multilingual Communication, Commercial Acumen, Risk Assessment

Industry

Insurance

Description

Tokio Marine HCC (TMHCC) is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don’t even know exist. Just as we invest in our company, we invest in our employees’ careers. We provide our employees a collaborative and rewarding environment within which to gain the knowledge, skills, and experience that lead to a rewarding career. Our products allow our customers to take on opportunity with confidence. In turn, our competitive salaries, attractive benefits, and potential for career growth allow you to take on opportunity with confidence. Role Description: As a Senior Underwriter focussing on insurance for Mergers & Acquisitions (Transaction Risk Insurance), you will form part of a dynamic team of professionals that focus on developing our regional portfolio. You will directly report to the Transaction Risk Insurance Manager Southern Europe and Latam and carry out selection, analysis, and pricing of policies, as well as negotiate the insurance terms and conditions with brokers and insureds in order to issue the final contractual documentation. You will be key in helping build profitable relationships with brokers and insureds and your role will fully support and comply with the company’s objectives and standards. Responsibilities: Analyse data relating to an account: study financial, regional/national economic trends and industry conditions in the assigned underwriting discipline. Follow underwriting guidelines and submit underwriting, pricing and negotiations recommendations to the underwriting committee of Transaction Risk Insurance. Autonomously run the underwriting process of complex M&A insurance projects. Draft, negotiate and adapt policy terms for the specific risks and challenges an M&A transaction presents. Coordinate and oversee the performance of external legal counsel representing the company in each M&A deal. Contribute to the professional upbringing of peers and more junior colleagues. Identify and pursue new business opportunities. Manage and grow the book of business. Develop and maintain relationships with brokers, lawyers, private equity firms, deal principals and colleagues from Tokio Marine HCC offices worldwide. Attend off-site conferences, trade shows, seminars and meetings. Coordinate and/or participate in special projects including underwriting standards, best practices and legal compliance. Requirements: Minimum 5 – 7 years’ experience in a role focused on transactions, e.g. law firm or corporate legal department, advisory roles in financial services, private equity; or relevant experience in TRI underwriting. Bachelor’s or master’s degree in Law. Excellent written and oral communication skills in English, Spanish, Italian and/or Portuguese are a must. Additional languages are a plus. Advanced knowledge of legal exposures in transactions (taxation, breaches, litigation, price adjustment, damages, etc.). Solid understanding of financial statements. Specific experience with negotiating or mediating representations and warranties or other transactional risk insurance solutions is a must. Profile: Ability to work in a fast-paced multi-tasking environment and complete on tight deadlines. Strong negotiation and communication skills. Entrepreneurial with good commercial skills. Punctual, loyal and reliable. Team player. #LI-AC1 Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background. And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.

Responsibilities

The Senior Underwriter will analyze data related to accounts, follow underwriting guidelines, and manage the underwriting process for complex M&A insurance projects. They will also draft and negotiate policy terms and build relationships with brokers and insureds.