Assistant Vice President Transactional Liability Underwriter

Ryan Specialty Group • New York, NY

301d • $148,000 - $185,000

About The Position

The Senior Transactional Liability Underwriter is responsible for underwriting complex transactions, identifying growth opportunities, proposing initiatives for risk mitigation, and ensuring accurate entries in connection with M&A transactions. The role monitors regulatory changes and cultivates a collaborative environment by providing guidance to underwriters. They provide actionable insights to senior management, implement quality assurance measures, and navigate complex legal landscapes by leveraging understanding of warranties & indemnity, tax & contingence insurance.

Requirements

• Bachelor's degree required, Master's degree preferred; Business Administration, Finance, and Risk Management preferred.
• 5+ years of work experience in M&A or Financial Underwriting with a Bachelor's degree or 3 years of work experience with a Master's degree.
• State P&C and/or surplus line license is required.

Nice To Haves

• Certified Insurance Service Representative (CISR)
• Certified Merger and Acquisition Advisor (CM&AA)

Responsibilities

• Analyzes complex underwriting contracts, uncovers hidden liabilities to prepare non-binding indication letters, insurance policies and binder agreements through advanced techniques.
• Navigates complex legal landscapes, mitigates legal risks, and develops optimal coverage structures through strong partnerships with internal and external legal counsel.
• Identifies potential for growth and risk mitigation and proposes actionable initiatives to underwrite warranty and indemnity insurance policies in connection with M&A transactions.
• Ensures proper and timely entries in underwriting systems to track exposures, analyzes trends, and supports in the implementation of the M&A underwriting strategy.
• Analyzes complex M&A deal specific data and provides actionable insights to senior management for successful underwriting of complex sensitive products in representations and warranties insurance, tax liability insurance and contingent liability insurance.
• Implements and enforces quality assurance measures, reviews policy wordings, and conducts audits to maintain the highest underwriting standards and compliance.
• Adapts communication style and leverages understanding of warranties & indemnity, tax & contingence insurance to deliver critical information, and addresses concerns.
• Monitors regulatory changes, market shifts, M&A deal structure, jurisdiction and indemnification obligations and evolving legal trends to improve underwriting approaches.
• Cultivates a collaborative and efficient underwriting environment, provides expert guidance, coaching, and development opportunities to junior underwriters.

Benefits

• Paid time off for company holidays, vacation, sick and personal days
• Paid parental leave
• Mental health services

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree