Underwriter – Mergers & Acquisitions Insurance with primary focus on the DACH region

Tokio Marine HCC focuses on financial lines insurance globally, operating out of offices in Barcelona, London and Munich; together forming a centre of excellence within the Group for this line of business and jointly holding an extensive international client network ready for distribution of other related Tokio Marine products. Our unique set-up promotes knowledge-sharing amongst the team and ensures that our clients receive tailored coverage, efficient and effective advice along with a prompt service. We are an experienced international team with multilingual language skills and in-depth expert local knowledge. As a result, we are considered to be a leading local provider with global reach.

Underwriter – Mergers & Acquisitions Insurance with primary focus on the DACH region

Description: As an Underwriter focussing on Mergers & Acquisitions (M&A) Insurance, you will be based in our Barcelona office and employed by our legal entity HCC Global Financial Products. S.L. that trades under the name Tokio Marine HCC. With more than 15 years of experience in this fast growing business segment, Tokio Marine HCC has become one of the leaders in global M&A insurance, focusing on transactional risk insurance solutions for private equity firms and corporate clients. In order to expand our M&A team and to continue reinforcing our underwriting capability in Europe, Asia and the US, we are currently looking for an Underwriter. As such, you will form part of a young, dynamic team of professionals and play a key role in establishing strong relationships internally and externally whilst acting as a liaison between brokers, clients and the company. After a training period of 6 to 12 months we offer the option to be based in our Munich office. Responsibilities:

• Identify deal risks through the study and analysis of M&A transaction documentation, both public and private, as well as financial statements, due diligence reports, etc.
• Review M&A insurance submissions, prepare and submit quotes, liaise with brokers and secure business
• Provide support to senior underwriters in all stages of the underwriting process, as well as account management, including monitoring transaction status, quoting and policy progress, premium statements and policy related documentation
• Draft, negotiate and adapt policy terms for the specific risks and challenges an M&A transaction presents
• Assist and oversee the performance of external legal counsel representing the company in each M&A deal
• Develop and maintain relationships with brokers, lawyers, private equity firms, deal principals and colleagues from Tokio Marine HCC offices worldwide
• Coordinate and/or participate in special projects including underwriting standards, best practices and legal compliance
• Attend off-site conferences, trade shows, seminars and meetings

Requirements:

• Ass. iur, Bachelor’s and Master’s degree in Law, Economics, Business, Finance or Accounting;
• Minimum 3 - 5 years’ experience in a role focused on transactions, e.g. investment banking, advisory roles in financial services, private equity, law firm or corporate legal department; or relevant experience in financial lines underwriting
• Excellent written and oral communication skills in German and English; Spanish skills are a plus
• Basic knowledge of legal exposures in transactions (taxation, breaches, litigation, price adjustment, damages, etc.)
• Understanding of legal documentation, financial statements and tax issues
• Specific experience with negotiating or mediating representations and warranties or other transactional risk insurance is a plus

Profile:

• Ability to work in a fast-paced environment and complete on tight deadlines
• Strong negotiation and communication skills
• Entrepreneurial with good commercial skills
• Punctual, loyal and reliable
• Team player
• Sense of humour

Values & People: A Tokio Marine HCC employee goes beyond the necessary skill set for the job at hand and looks to support our vision To Be a Good Company through our collective values and behaviour. Our financial lines division holds a corporate culture that builds on three pillars to achieve this. They are: People (Right People · Right Attitude), Team (Team Synergy · Team Success), Service (Simply Smart Service). As such, our employees enjoy a healthy corporate benefits & remuneration plan, have the opportunity to actively give back to the community through our charity participation and, above all, can build a career in a flat structure environment where what matters is job performance; each contribution counting towards our collective goal. After all, our people make us excellent at what we do.