Senior Underwriter, Tax Liability Insurance, M&A - Financial Lines

Senior Underwriter, Tax Liability Insurance, M&A
- Financial Lines

Join us as a Senior Underwriter, Tax Liability Insurance, M&A
- Financial Lines to step up to a key team role that will drive business growth.

We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague - empowering our people to grow as insurance professionals and add more value to our customers and AIG.

This role will be responsible for the structuring, underwriting and negotiation of tax liability insurance solutions. Among other things, in this role you will:

• Act as a senior point of contact for clients, brokers and other deal professionals with respect to tax liability insurance.
• Analyze and evaluate opportunities for tax insurance, including relevant documentation such as tax opinions, tax memoranda and diligence reports.
• Review and assess the underlying risk by performing tax research.
• Review and understand the client's motivation for requesting the insurance coverage, the role the insurance is playing in the transaction, and the value of the insurance to the transaction.
• Review and understand the agreements and other documentation relevant to the analysis and assessment of the risk.
• Analyze and assess the underlying risk in accordance with the relevant product line policies and procedures.
• Prepare and negotiate non-binding indication letters, insurance policies and binder agreements.
• Participate on underwriting conference calls.
• Manage the underwriting process for the tax liability insurance product and, in cooperation with the legal department, the selection of and work performed by outside counsel.
• Present preliminary findings and conclusions to management.
• The Senior Underwriter will participate in the execution of the Group's relationship development and marketing plan.

• 4 or more years of experience in a tax advisory or tax analysis capacity at a law firm, public accounting firm or in-house. J.D. and/or LL.M. is a plus.
• Previous insurance or underwriting experience is a strong plus.
• Ability to understand and execute commercial decision making against a backdrop of legal risk assessment.
• Strong interpersonal skills and ability to collaboratively work on a global basis.
• Ability to manage challenging workloads, and to prioritize competing needs on time.
• Ability to analyze a broad variety of tax issues for corporations, partnerships and individuals, including domestic and cross-border transactions, complex tax structures and operational tax issues.
• High competency in understanding complex tax structures, including those relating to M&A transactions and tax credit arrangements.
• Ability to multitask, and to be decisive on technical underwriting points.
• Ability to negotiate with commercially and legally sophisticated advisors and clients.
• Extremely proficient in drafting legal and commercial documents.

For positions based in New York, the base salary range is $230,000-$250,000, with additional flexibility possible based on a number of factors, including the specific experience, skillset, education and assessment of candidate talent. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.

We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities…