Department: Underwriting – Global Transaction Solutions
Location: Toronto
Company Overview:
Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 300 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.
At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we'll continue to invest in it to create a stronger global organization.
If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!
Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:
- A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance
- Competitive health & dental benefits plan
- Market-leading pension plan
- Competitive time off policy
- External education & tuition reimbursement programs
- Employee & Family Assistance Programs
- An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion
Position Summary:
Liberty Global Transaction Solutions has an established global transaction insurance team and has an opening for an analyst to further expand its Canadian team. The focus of this Toronto based role will be on underwriting transactional risk insurance products, specializing in Representations and Warranties (R&W) insurance. This position will provide in-depth exposure to M&A transactions and the insurance industry in an entrepreneurial environment.
Duties and Responsibilities:
- Review of public and private M&A transactions, including analysis of risk, reviewing transaction documents, financial statements, diligence reports and conducting discussions with deal team members as part of underwriting transactional risk insurance products.
- Prepare quotes and policies for R&W insurance of M&A transactions.
- Manage a pipeline of M&A transaction opportunities that are seeking the use of R&W insurance.
- Support Senior Underwriters on all aspects of the deal process.
- Assist with development of marketing materials and internal and external presentations.
Skills & Qualifications:
- Bachelor's degree preferably in law, business, economics or finance.
- Related work experience within the insurance sector or other financial institutions is considered an asset.
- General understanding of deal structures and processes is helpful and a strong desire to learn about M&A transactions.
- Demonstration of strong work ethic will be critical.
- Superior interpersonal skills and ability to collaboratively work with others.
- Strong written and oral communication skills.
- Highly focused, enthusiastic and creative thinker.
- Ability to work in a fast-paced environment, with strong time management skills.
- General knowledge of and ability to comprehend financial statements.
- Proficiency in Microsoft Office Suite and Salesforce is a plus.