Transaction Liability Associate
New York City, NY, United States1w ago
Free account needed to apply or save. It takes a minute, and we'll bring you right back to this job.
How well do you match this job?
Skills
Experience
Level
Title
Location
Salary
Freshness
Similarity
Key details
- Location
- New York City, NY, United States
- Work style
- Onsite
- Level
- Entry level
- Experience
- 2–5 yrs
- Function
- Operations & Strategy
- Focus area
- other
- Posted
- 1w ago
Skills
customer servicefinancial analysisinternal auditlegal researchmicrosoft officeunderwriting
About the role
SUMMARY
Provide direct support to senior broking team with all client and carrier matters, including analyzing carrier indications and creating client preliminary indications presentations, managing underwriting calls, and obtaining and delivering issued policies. Responsible for creating and tracking group performance metrics. Responsible for training and assisting the Transaction Liability Analyst team with all analyst duties.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Support the senior broking team with placing for Alliant clients in the following: Representations & Warranties Insurance for M&A and Real Estate deals, Tax Liability Insurance, Litigation Insurance, and insurance for other contingent risks in M&A and non-M&A situations.
Produce complex financial analysis. Allocate jobs set by senior brokers, and ensure analysts meet deadlines on time. Responsible for checking analysts’ work.
Assist with recruitment of analysts, client relations, legal compliance, meeting agendas, and networking.
Take lead with marketing efforts, including research, creation of marketing materials, white papers, and other external communications.
Review and summarize key parts of insurance indication letters and transaction documents.
Interact with insurance companies, clients, and client advisors via telephone and email.
Prepare underwriting submissions, indication decks, and binding packages.
Review M&A data room, financials, legal documents, and other relevant materials.
Organize and participate in underwriting calls with carriers and clients.
Coordinate compliance filings and internal audits.
Assist with processing billing, and follow up with clients on past due accounts.
Review policy documents for accuracy.
Complete all post binding subjectivities including but not limited to delivery of data room contents, closing set, and surplus line forms.
Create databases and processes to track relevant deal related information, client lists, and meetings.
Comply with agency management system data standards and data integrity (enter and maintain complete and accurate information).
Other duties as assigned.
QUALIFICATIONS
EDUCATION / EXPERIENCE
Bachelor's Degree in Business Administration or equivalent combination of education and experience
Two (2) or more years related work experience
Experience in legal, tax, or accounting
Valid Insurance License- must continue to meet requirements for license renewal
SKILLS
Proficient in Microsoft Office Suite
Strong analytical and research skills
Strong verbal and written communication skills
Strong customer service skills, including telephone and listening skills
Excellent attention to detail
Ability to perform legal research
Ability to prioritize work for multiple projects and meet deadlines
Ability to work collaboratively within a team and to foster teamwork
#LI-DR1
Provide direct support to senior broking team with all client and carrier matters, including analyzing carrier indications and creating client preliminary indications presentations, managing underwriting calls, and obtaining and delivering issued policies. Responsible for creating and tracking group performance metrics. Responsible for training and assisting the Transaction Liability Analyst team with all analyst duties.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Support the senior broking team with placing for Alliant clients in the following: Representations & Warranties Insurance for M&A and Real Estate deals, Tax Liability Insurance, Litigation Insurance, and insurance for other contingent risks in M&A and non-M&A situations.
Produce complex financial analysis. Allocate jobs set by senior brokers, and ensure analysts meet deadlines on time. Responsible for checking analysts’ work.
Assist with recruitment of analysts, client relations, legal compliance, meeting agendas, and networking.
Take lead with marketing efforts, including research, creation of marketing materials, white papers, and other external communications.
Review and summarize key parts of insurance indication letters and transaction documents.
Interact with insurance companies, clients, and client advisors via telephone and email.
Prepare underwriting submissions, indication decks, and binding packages.
Review M&A data room, financials, legal documents, and other relevant materials.
Organize and participate in underwriting calls with carriers and clients.
Coordinate compliance filings and internal audits.
Assist with processing billing, and follow up with clients on past due accounts.
Review policy documents for accuracy.
Complete all post binding subjectivities including but not limited to delivery of data room contents, closing set, and surplus line forms.
Create databases and processes to track relevant deal related information, client lists, and meetings.
Comply with agency management system data standards and data integrity (enter and maintain complete and accurate information).
Other duties as assigned.
QUALIFICATIONS
EDUCATION / EXPERIENCE
Bachelor's Degree in Business Administration or equivalent combination of education and experience
Two (2) or more years related work experience
Experience in legal, tax, or accounting
Valid Insurance License- must continue to meet requirements for license renewal
SKILLS
Proficient in Microsoft Office Suite
Strong analytical and research skills
Strong verbal and written communication skills
Strong customer service skills, including telephone and listening skills
Excellent attention to detail
Ability to perform legal research
Ability to prioritize work for multiple projects and meet deadlines
Ability to work collaboratively within a team and to foster teamwork
#LI-DR1