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Liberty Mutual Insurance

Underwriter, Tax

Posted 15 Minutes Ago
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Hybrid
New York, NY, USA
108K-300K Annually
Mid level
Hybrid
New York, NY, USA
108K-300K Annually
Mid level
Underwrite tax liability insurance for M&A transactions, restructurings, renewable energy incentives, and other tax-related risks. Responsibilities include assessing tax risks, reviewing legal and tax documentation, negotiating policy coverage, managing broker and client relationships, supporting business development, training junior underwriters, and improving underwriting practices. The role requires strong tax and legal expertise, analytical judgment, negotiation, drafting, and communication skills.
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Description
Key Responsibilities
The Tax Underwriter role provides a rare opportunity to develop your career as part of a market-leading, dedicated team of 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, tax incentives related to investments in renewable energy, and other transactions.
The Successful Candidate Will Attend To The Following Responsibilities
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.

Qualifications
Qualifications
  • JD 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 negotiation skills
  • Strong legal drafting skills and broad understanding of legal and contract concepts
  • Interpersonal and relationship-building skills; and business, financial, and risk awareness/understanding is a plus
About Us
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
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://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices
  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

$108,000.00 - 300,000.00

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