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.
Location:
Frankfurt - Germany
What will your job entail?
Job responsibilities
* Underwriting of new prospects as well managing renewals of financial lines insurances (comprising of either D&O, Financial Institutions, (professional) liability, Crime and Cyber or a combination thereof)
* Taking responsibility of the management, development and growth of a subsegment within the RFL book
* Monitors regulatory changes, market shifts and other trends which are relevant for (segment within) RFL, either from (new) business or risk perspective
* Expert sparring partner for brokers and clients on (sub) segments within RFL value propositions
* Ensures proper and timely entries in underwriting systems to track exposures, analyzes trends, and supports in the implementation of RFL underwriting strategy.
* Create and/or maintain long-term business relationships with the relevant broker community and markets
* Cultivates a collaborative and efficient underwriting environment, provides expert guidance, coaching, and development opportunities to junior underwriters.
Qualifications
* Demonstrable underwriting experience in one or more of the aforesaid lines of business
* Master degree (preferred) or Bachelor+ degree in (insurance) law, finance, risk-management or other relevant field
* In-depth knowledge of one or more lines of business within the RFL segment
* Ability to further expand footprint within the broking community in the DACH region (and preferably EE) based upon existing relationships
Disclaimer
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.