Tax Underwriter

Liberty Mutual Insurance • New York, NY

8d

About The Position

The Tax Underwriter role provides a rare opportunity to develop your career as part of a market-leading, dedicated team of tax insurance underwriting professionals. We are looking for an intelligent and enthusiastic candidate to underwrite bespoke tax liability insurance policies covering potential tax liability as a result of M&A transactions, internal restructurings and other transactions.
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 tax, and legal (and/or M&A background) interested in establishing or further developing expertise in this exciting and growing sector of the insurance market.
This role is responsible for underwriting tax liability insurance risks including:
Assessing tax risks
Reviewing related documentation, tax advisory opinions, memoranda, ruling requests, sale and purchase Agreements and due diligence reports/materials from a tax perspective
Negotiating and finalizing policy wording and coverage.
Working as part of a dynamic team of underwriters as well as independently to individually lead underwriting of transactions.
Ensuring that brokers and clients receive a high level of underwriting service and certainty of execution that differentiates GTS from its competitors.
Establishing and maintaining strong relationships with brokers, clients and advisors to facilitate deal appointments.
Assisting the team to build the Liberty GTS brand through marketing and business development opportunities.
Providing technical training and guidance to other junior members of the team.
Continuing to seek improvement of the product and its practices and processes.; and
Contributing to an effective team environment by interacting professionally with all team members in line with GTS core values.

Requirements

• legal degree and tax LLM.
• legal experience specializing in tax (with a strong preference for M&A experience) or tax liability insurance (preferably 4+ years) from a well-regarded accounting or law firm.
• sound decision making and analytical skills.
• excellent verbal and written communication skills.
• strong legal drafting skills and broad understanding of legal and contract concepts.
• interpersonal and relationship building skills.
• business, financial and risk awareness/understanding a plus

Responsibilities

• Assessing tax risks
• Reviewing related documentation, tax advisory opinions, memoranda, ruling requests, sale and purchase Agreements and due diligence reports/materials from a tax perspective
• Negotiating and finalizing policy wording and coverage.
• Working as part of a dynamic team of underwriters as well as independently to individually lead underwriting of transactions.
• Ensuring that brokers and clients receive a high level of underwriting service and certainty of execution that differentiates GTS from its competitors.
• Establishing and maintaining strong relationships with brokers, clients and advisors to facilitate deal appointments.
• Assisting the team to build the Liberty GTS brand through marketing and business development opportunities.
• Providing technical training and guidance to other junior members of the team.
• Continuing to seek improvement of the product and its practices and processes.
• Contributing to an effective team environment by interacting professionally with all team members in line with GTS core values.

Benefits

• At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
• 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 about our benefit offerings please visit: https://LMI.co/Benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level