M&A Underwriter: Nordics

2 weeks ago


London, United Kingdom Liberty Specialty Markets Full time

About the Role:

GTS offers specialized products and services to help facilitate M&A transactions for buyers and sellers, including: Warranty & Indemnity (W&I) Insurance, Tax Liability Insurance and one-off policies created for individual contingent risks.

As an M&A underwriter you will use the analytical skills you gained as a lawyer and grow your commercial abilities to offer insurance solutions for the marquee M&A transactions of the region.

About the Department & Team:

GTS is one of the largest global M&A insurance teams in the industry. With more than 90 specialists, we have helped facilitate hundreds of M&A deals a year on average – successfully insuring thousands of transactions since our inception.

Key Responsibilities:

Strategy and Planning

Support the development of the annual business plan for the Underwriting division and ensure delivery of the plan in accordance with stated risk tolerances Support the Head of Nordics and his or her direct reports in ensuring the team’s awareness of the business plan and its context so that they are able to take appropriate action and make informed decisions Contribute and participate in all meetings in order to share and develop strategy, knowledge and best practice Contribute new ideas and concepts to support the development and delivery of the business plan

Delivery

Maintain and strengthen relationships with brokers, advisors, industry bodies, business partners, reinsurers and colleagues, to maximise influence and achieve business objectives, including by speaking at conferences and other public events Demonstrate understanding and awareness of market dynamics and market cycles to drive and enhance business performance Continually develop expertise and technical knowledge through appropriate development initiatives Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including negotiating rates, terms and conditions for existing and new business Contribute and influence in the review and analysis of the portfolio, to identify progress towards business objectives

People Management

Support Head of Nordics and other sub-regional managers in managing resources across the team to ensure business requirements are achieved Assist other EMEA underwriting staff in the management of Analysts

Regulatory

·Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set outin the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing

Skills and Experience:

Good knowledge of legal, financial and regulatory requirements Strong level of numeracy and literacy skills Strong leadership, interpersonal and communication skills Strong analytical skills Strong negotiation skills Strong organisational and prioritisation skills Ability to analyse and use data for decision making Strong attention to detail People management – ability to engage and manage junior team members A good understanding of Nordic law with M&A experience Strong established customer/broker and advisor relationships

About Liberty Global Transaction Solutions (GTS)

Liberty GTS is a market-leading provider of innovative insurance solutions for complex transactional risks, including Representations & Warranties (R&W)/Warranty & Indemnity (W&I) Insurance, Tax Liability Insurance and one-off policies created for individual contingent risks.

The Liberty GTS team consists of over specialists operating in 15 jurisdictions throughout EMEA, the Americas and APAC. The GTS team includes a dedicated claims unit comprising M&A experts who only handle GTS claims. We leverage the expertise of our underwriters, our local knowledge, global network and financial strength to help our clients navigate highly complex multi-jurisdictional deals. Our underwriters close in excess of 1, deals a year and average more than eight years’ direct M&A experience across a variety of industry sectors. Liberty GTS is part of Liberty Mutual Insurance, a leading global insurer.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

Offering a vibrant and inclusive environment and committing to their career development. Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment. Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals. A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

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