Position Summary
The Senior Transactional Liability Underwriter is responsible for underwriting complex transactions, identifying growth opportunities, proposing initiatives for risk mitigation, and ensuring accurate entries in connection with M&A transactions. The role monitors regulatory changes and cultivates a collaborative environment by providing guidance to underwriters. They provide actionable insights to senior management, implement quality assurance measures, and navigate complex legal landscapes by leveraging understanding of warranties & indemnity, tax & contingence insurance.
What will your job entail?
Job Responsibilities:
• Analyzes complex underwriting contracts, uncovers hidden liabilities to prepare non-binding indication letters, insurance policies and binder agreements through advanced techniques.
• Navigates complex legal landscapes, mitigates legal risks, and develops optimal coverage structures through strong partnerships with internal and external legal counsel.
• Identifies potential for growth and risk mitigation and proposes actionable initiatives to underwrite warranty and indemnity insurance policies in connection with M&A transactions.
• Ensures proper and timely entries in underwriting systems to track exposures, analyzes trends, and supports in the implementation of the M&A underwriting strategy.
• Analyzes complex M&A deal specific data and provides actionable insights to senior management for successful underwriting of complex sensitive products in representations and warranties insurance, tax liability insurance and contingent liability insurance.
• Implements and enforces quality assurance measures, reviews policy wordings, and conducts audits to maintain the highest underwriting standards and compliance.
• Adapts communication style and leverages understanding of warranties & indemnity, tax & contingence insurance to deliver critical information, and addresses concerns.
• Monitors regulatory changes, market shifts, M&A deal structure, jurisdiction and indemnification obligations and evolving legal trends to improve underwriting approaches.
• Cultivates a collaborative and efficient underwriting environment, provides expert guidance, coaching, and development opportunities to junior underwriters.
Work Experience and Education:
• Bachelor’s degree required, Master’s degree preferred; Business Administration, Finance, and Risk Management preferred. Any other related discipline or commensurate work experience considered.
• 5+ years of work experience in M&A or Financial Underwriting with a Bachelor’s degree or 3 years of work experience with a Master’s degree.
Licenses & Certifications:
• State P&C and/or surplus line license is required.
• Certified Insurance Service Representative (CISR), Certified Merger and Acquisition Advisor (CM&AA) a plus.
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $200,000.00 - $250,000.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com
The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
