Underwriter, Tax

Liberty Mutual•New York, NY

About The Position

The Tax Underwriter underwrites bespoke tax liability insurance policies covering potential tax liabilities arising from M&A transactions, internal restructurings, tax incentives related to renewable energy investments, and other transactions. The role offers the opportunity to develop expertise in a growing insurance market as part of a dedicated underwriting team, with potential for candidates who have a strong tax and legal background and/or M&A experience. The position involves assessing tax risks; reviewing transaction and tax-related documentation; negotiating and finalizing policy wording and coverage; and delivering a high level of service and certainty of execution to brokers and clients. The underwriter works both independently and with the team, builds relationships and supports business development, provides technical guidance to junior team members, and contributes to improvements in the product, processes, and team environment.

Requirements

JD and tax LLM.
Legal experience specializing in tax, preferably with M&A experience, or experience in tax liability insurance; preferably 4 or more years from a well-regarded accounting or law firm.
Sound decision-making and analytical skills.
Excellent verbal and written communication skills.
Strong negotiation skills.
Strong legal drafting skills and a broad understanding of legal and contract concepts.
Interpersonal and relationship-building skills.

Nice To Haves

M&A experience.
Business, financial, and risk awareness or understanding.

Responsibilities

Underwrite tax liability insurance risks, including assessing tax risks.
Review tax advisory opinions, memoranda, ruling requests, sale and purchase agreements, due diligence reports, and other materials from a tax perspective.
Negotiate and finalize policy wording and coverage.
Work independently and as part of a team, including leading the underwriting of transactions.
Provide brokers and clients with a high level of underwriting service and certainty of execution.
Establish and maintain relationships with brokers, clients, and advisors to facilitate deal appointments.
Assist with marketing and business development to build the Liberty GTS brand.
Provide technical training and guidance to junior team members.
Seek improvements to the product, practices, and processes.
Contribute to an effective team environment and interact professionally in line with GTS core values.