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Our client, a global insurance/financial services company, has an exciting opportunity for a Transactional Risk Insurance Underwriting Manager in their New York office.
We are looking to identify M+A attorneys looking to transition into Risk Insurance Underwriting or senior professionals currently in a Senior Risk Insurance Underwriting Role. The role is responsible for focusing on transactional risk insurance solutions for private equity firms and corporate clients. The Underwriting Manager plays a key role in establishing strong relationships internally and externally whilst acting as a liaison between brokers, clients and the company. This position will directly report to the Head of Transactional Risk Insurance and will carry out selection, analysis, and pricing of new policies, as well as negotiate the insurance terms and conditions with brokers and insureds in order to issue the final contractual documentation. The manager will help build profitable relationships with brokers and insureds.
The Underwriting Manager is accountable for the following responsibilities:
Develop and implement a strategy to develop the business of assigned region
Identify and pursue new business opportunities
Develop and maintain relationships with brokers, lawyers, private equity firms, deal principals and colleagues worldwide
Review merger and acquisition (M&A) insurance submissions, prepare and submit quotes, liaise with brokers and secure business
Follow Underwriting guidelines and submit underwriting, pricing and negotiations recommendations to the Head of Transactional Risk Insurance
Minimum of six years of relevant and progressive experience in transactions-focused roles (e.g., investment banking, M&A, advisory roles in financial services, private equity, law firm or corporate legal department)
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