Experienced Underwriter, Transactional Liability

About the position

BHSI has an exciting opportunity to join our growing Transactional Liability team in New York City as an Underwriter focused on the Tax Insurance product. The Transactional Liability team provides insurance in connection with Mergers & Acquisitions (including Representation and Warranty Insurance), Tax Insurance, and Contingent Liability Insurance.

Responsibilities

• Collaborate with the other members of the Tax Insurance team to review, evaluate, and underwrite opportunities for tax insurance involving a wide variety of potential tax exposures, including those arising in M&A transactions, the eligibility for projected renewable energy and other tax credits, the tax treatment of restructuring transactions (including spin-offs and recapitalizations), REIT and S corporation qualification matters, and many other U.S. federal, state, local and international direct and indirect tax issues.
• Establish, develop and expand broker, law firm and customer relationships
• Assist team with the research and analysis of potential tax exposures
• Review and assess a consistent stream of opportunities that contemplate the use of Tax Insurance and develop preliminary indications for coverage
• Engage in a detailed underwriting process for selected tax risks, including through the engagement and management of outside counsel and specialist advisors.
• Draft and negotiate Tax Insurance policies and other policy related documents.

Requirements

• 3-7 years of prior experience in a tax-focused legal or similar advisory role.
• JD Degree is preferred but not required.
• Ability to work within a team in a fast-paced environment and make quick decisions while maintaining underwriting integrity
• Strong analytical and problem-solving skills
• Careful attention to detail
• Strong communication skills, both verbal and written, and desire to build industry relationships

Nice-to-haves

• LLM in Tax will be a plus.

Benefits

• Comprehensive Health, Dental and Vision benefits
• Disability Insurance (both short-term and long-term)
• Life Insurance (for you and your family)
• Accidental Death & Dismemberment Insurance (for you and your family)
• Flexible Spending Accounts
• Health Reimbursement Account
• Employee Assistance Program
• Retirement Savings 401(k) Plan with Company Match
• Generous holiday and Paid Time Off
• Tuition Reimbursement
• Paid Parental Leave