• W.R. Berkley Corporation
  • $144,430.00 -157,290.00/year*
  • New York, NY
  • Financial Services - Insurance
  • Full-Time
  • 21 Warren St

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Company Details

Founded in 2008 and headquartered in New York City, Berkley Professional Liability is a premier writer of professional liability insurance for large public and private entities internationally. We deploy world-class experience, skill and talent to provide creative solutions and strong, stable capacity to insureds and brokers. For more information, visit www.berkleypro.com

Berkley Transactional is a division of Berkley Professional Liability. Our Mission is to provide creative and customized insurance solutions that enable buyers and sellers in M&A transactions to execute their transactions efficiently and effectively. We offer a full suite of primary and excess Transactional Insurance products, and deliver comprehensive coverage that is coordinated with the timing practicalities of your deal. We provide seamless execution, professional interaction, stable capacity with fair pricing, reliable coverage and professional claims handling.

Responsibilities

The Vice President, Transactional Risk Underwriter will Underwrite Buy-Side Representations and Warranties Insurance for Global Financial and Strategic Buyers acquiring North American Targets in most industry segments. Underwriting will occur on deal time and underwriting decisions will be made in a commercial fashion while maintaining underwriting discipline.

Overall responsibilities will include the following:

* Review Submissions, Prepare Indications and Win Contracts

* Execute Expense Agreements and Non-Reliance Letters

* Clear Conflicts and Retain Counsel

* Identify issues in transaction documents, Review Diligence Reports and Identify Exclusions

* Manage Underwriting Calls

* Negotiate Coverage Terms and Conditions

* Issue Binders and Policies

Qualifications

Our ideal candidate will have the following:

Job Experience

* Job Experience

* 3+ years of experience as an Representations and Warranties (\"R&W\") Underwriter; or

* 3+ years of experience as an R&W Broker; or

* 5+ years of experience as an M&A lawyer

Competencies

* Strong interpersonal skills and emotional intelligence

Competencies

* Strong interpersonal skills and emotional intelligence

* Ability and willingness to develop strong relationships with brokers, buyers and counsel

* Ability and willingness to execute multiple transactions on deal time

* Strong understanding of the mechanics of transaction documents and insurance policies

* Ability to understand business and assess risk

Education

* Bachelor's Degree

* Juris Doctor
Associated topics: underwriter

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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