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CFC

Transaction Liability Underwriting Assistant

Posted 9 Hours Ago
Be an Early Applicant
Hybrid
New York, NY, USA
68K-90K Annually
Entry level
Hybrid
New York, NY, USA
68K-90K Annually
Entry level
Supports transaction liability underwriters with administrative and underwriting operations, including managing inboxes, logging submissions, preparing reports and spreadsheets, maintaining diaries, chasing outstanding items, assisting with invoicing and client setup, reviewing transaction documents, handling calls, and coordinating transactions through policy binding. The role is suited to recent graduates with commercial awareness and a background in Law, Economics, or Accounting.
The summary above was generated by AI
Have you recently left or are due to leave higher education with outstanding results in a commercial subject like Law, Economics or Accounting?

Do you now hope to start your professional career within M&A?

CFC are searching for an Underwriting Assistant to support our Transaction Liability team!

Our award-winning “TL” team underwrites a comprehensive range of insurance products which cover different risks arising during a Merger or Acquisition. Since its launch in 2016, CFC’s transaction liability team has quickly become one of the largest small and mid-market transaction liability insurers globally. 
We are the leading small – mid market underwriter in North America and the number one underwriter of secondaries transactions worldwide. Over the past five years, our TL underwriting team have contributed to the development of several creative M&A products.

About the role
As an Underwriting Assistant you’ll be providing dedicated support to underwriters across our teams by:
  • Providing excellent administrative support primarily to the transaction liability team and other underwriting teams, as required, to ensure CFC can adhere to target turnaround times for our brokers and insureds;
  • Managing the underwriting central inboxes and logging new and renewal submissions on CFC’s internal underwriting system;
  • Preparing various activity reports and spreadsheets as directed;
  • Administering the department diary, including chasing outstanding items such as subjectivities and assisting with invoicing and setting up of new clients;
  • Answering incoming calls and fielding queries as appropriate;
  • Reviewing and amending transaction documents including non-disclosure and hold harmless letters;
  • Working with the existing support functions in CFC to ensure the timely progression of transactions from initial submission to policy binding (including the administrative aspects of this process); and
  • General ad-hoc administrative duties as required.

About you
You have commercial awareness and understanding of mergers and acquisitions and a background in Law, Economics or Accounting.
As a minimum, we are looking for individuals with:
  • Organisational skills with the ability to prioritise work to meet tight deadlines and turnaround times;
  • Excellent level of attention to detail including accurate written and numeracy skills;
  • Experience using Microsoft Office applications - Outlook, Word and particularly Excel;


About
CFC is a specialist insurance provider, pioneering emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today's most critical business risk.Headquartered in London with offices in New York, Melbourne, Sydney, Austin, Madrid, Brussels and Brisbane, CFC has over 1200 staff and is trusted by more than 100,000 businesses across 90 countries.At CFC, insurance isn't just about underwriting. From data science to software development, and digital marketing design, we've got something for everyone. We're passionate about pushing boundaries, thinking differently and building the insurance company of the future.CFC is committed to the principles of equal opportunities and creating an environment in which all individuals are always treated with dignity and respect. We encourage a diverse corporate culture of openness and appreciation to create an environment in which your talent can be developed in the best possible way. Should you require any reasonable adjustments at any stage of the recruitment process please let us know.Feeling like you need to tick every box before applying? We see things differently. In a rapidly scaling company like ours, ambition and the drive to learn count for more than a 'perfect' checklist. We're building the future of insurance, and that requires diverse talent eager to grow with us. If this role excites you and you're ready to make a significant impact, bring your unique background and let's build something great together.

CFC New York, New York, USA Office

New York, United States

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