Experienced Underwriter, Transactional Liability

Berkshire Hathaway Specialty Insurance•New York, NY

2d•$150,000 - $250,000•Onsite

About The Position

BHSI has an exciting opportunity to join our growing Transactional Liability team in New York City as an Underwriter focused on the Tax Insurance product. The Transactional Liability team provides insurance in connection with Mergers & Acquisitions (including Representation and Warranty Insurance), Tax Insurance, and Contingent Liability Insurance.

Requirements

3-7 years of prior experience in a tax-focused legal or similar advisory role.
JD Degree is preferred but not required.
Ability to work within a team in a fast-paced environment and make quick decisions while maintaining underwriting integrity
Strong analytical and problem-solving skills
Careful attention to detail
Strong communication skills, both verbal and written, and desire to build industry relationships

Nice To Haves

LLM in Tax will be a plus.

Responsibilities

Collaborate with the other members of the Tax Insurance team to review, evaluate, and underwrite opportunities for tax insurance involving a wide variety of potential tax exposures, including those arising in M&A transactions, the eligibility for projected renewable energy and other tax credits, the tax treatment of restructuring transactions (including spin-offs and recapitalizations), REIT and S corporation qualification matters, and many other U.S. federal, state, local and international direct and indirect tax issues.
Establish, develop and expand broker, law firm and customer relationships
Assist team with the research and analysis of potential tax exposures
Review and assess a consistent stream of opportunities that contemplate the use of Tax Insurance and develop preliminary indications for coverage
Engage in a detailed underwriting process for selected tax risks, including through the engagement and management of outside counsel and specialist advisors.
Draft and negotiate Tax Insurance policies and other policy related documents.