M&A Underwriter, Global Transaction Solutions

Location
75023, Plano
Salary
Open
Posted
Nov 19, 2021
Closes
Jan 18, 2022
Ref
95398828#GIJ--LibertyMutual.2
Category
IT , Underwriting
Job Type
Not Specified
Career Level
Not Specified

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more, please visit https://www.libertymutualgroup.com/about-lm/careers/benefits

 

Liberty Mutual has proudly been recognized as a Great Place to Work by Great Place to Work® US for the past several years. We were also selected as one of the 100 Best Places to Work in IT on IDG's Insider Pro and Computerworld's 2020 list. We have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduatesas well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

 

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Liberty Mutual' s Global Risk Solutions strategic business unit has centralized its vast mergers & acquisitions (M&A) and Tax Liability insurance solutions expertise into its newly formed Global Transaction Solutions group (GTS).

   

The creation of GTS enables Liberty Mutual to provide innovative solutions in the rapidly emerging global transactional risk insurance solutions market by making it easier for brokers and buyers to access a range of effective M&A products from a financially strong partner. GTS operates as a global, stand-alone business unit, providing its brokers and clients with centralized M&A and Tax expertise across a global platform backed by expert, dedicated M&A claims handling.

 

Rowan Bamford, President GTS Global M&A, leads GTS, which offers representations and warranties/warranty and indemnity, tax liability, tax credit and contingent risk insurance.

 

Liberty Global Transaction Solutions (GTS) is one of the largest global mergers and acquisitions (M&A) insurance teams in the industry. With more than 50 specialists, we have helped facilitate more than 500 M&A deals a year on average. GTS offers specialized products and services to help facilitate M&A transactions for buyers and sellers, including Representations & Warranties (R&W)/Warranty & Indemnity (W&I) Insurance, Tax Liability Insurance and one-off policies created for individual contingent risks.  

 

GTS is a standalone business unit of the Liberty Mutual Group which was originally founded in 1912 and is headquartered in Boston. It is the fifth largest global property and casualty insurer in the world based on 2018 gross written premium and ranked in the Fortune 100 list of largest corporations in the United States with over 50,000 people in 30 countries.

 

Find out what it takes to be part of a global Fortune 100 company that exists to help people embrace today and confidently pursue tomorrow.   

 

* Open to lighter/stronger profiles, skillset, and backgrounds for this opening

 

We offer:

  • Global perspective
  • Competitive salary and benefits
  • Career development opportunities
  • Team-work culture 

Key responsibilities

Liberty Global Transaction Solutions' Mergers & Acquisitions team is looking to further expand its U.S. presence.  This M&A underwriter role provides a rare opportunity to develop your career as part of a market-leading, dedicated team of underwriting professionals. We are looking for an intelligent and enthusiastic candidate to be a key member of the U.S. M&A team and undertake a meaningful role in expanding our R&W business, including building relationships with clients, brokers and law firms.

GTS is proud of its reputation for training and developing staff and as such, this role offers great potential for an individual with a strong legal or M&A background interested in establishing or further developing expertise in this exciting and growing sector of the insurance market. The successful candidate will attend to the following responsibilities:

  • Conduct business and legal review of public and private M&A deals, including analysis of risk, reviewing transaction documents, disclosure process, diligence reports and discussions with the deal team as part of underwriting transactional risk insurance products.
  • Assess insurability of risk and negotiate and draft policies for insured risks.
  • Cultivate and form relationships with M&A production and distribution sources, with focus on brokers, law firms, private equity firms, investment banks, and accounting firms.

* Nice to have candidates with experience in oil/gas industry.

* Spanish Speaking Proficiency would be nice to have.

Qualifications and Soft Skills

  • Previous solid legal experience in corporate M&A from a well-regarded accounting or law firm. Looking for someone with 3- 5 years' experience.
  • Sound decision making and analytical skills.
  • Excellent verbal and written communication skills.
  • Strong negotiation skills.
  • Strong legal drafting skills and broad understanding of legal concepts.
  • Interpersonal and relationship building skills.
  • Business, financial and risk awareness/understanding a plus.
  • Legal degree (preferably in a common law jurisdiction).

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