Legal Analyst/Paralegal-Representations and Warranties Insurance

Posted 14 Days Ago
Be an Early Applicant
5 Locations
70K-85K Annually
Senior level
Insurance
The Role
The M&A Legal Analyst will assist in underwriting representations and warranties insurance, reviewing agreements, drafting policies, researching inquiries, and processing submissions in a timely manner to support the underwriters' decision-making processes. The role requires strong organizational skills and attention to detail to manage multiple tasks efficiently.
Summary Generated by Built In

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Great American’s Mergers & Acquisitions Liability Division underwrites primary and excess Representations & Warranties (R&W) Insurance, Tax Indemnity Insurance and Tax Credit Insurance. This division handles policies of up to $50 million in limits.

The M&A Division of Great American is currently recruiting an Underwriting Analyst to join our team.  The Underwriting Analyst will assist the mergers and acquisitions liability division in underwriting representations and warranties insurance and will work remotely.

  • Assists underwriters on Representation & Warranties deals

  • Review non-disclosure agreements, joinders, and non-reliance agreements

  • Draft excess policies and provide other support in the policy drafting process

  • Gathers information on new and renewal business and change requests to support underwriter decision making.

  • Organizes the underwriting information to speed decision making on the part of the underwriter.

  • Investigates discrepancies in the information gathered.

  • Researches questions from producers and principals as requested by underwriter(s).

  • Provides information to Processing that is needed to issue policies and endorsements on a timely basis.

  • Inputs submission and policy information into underwriting workstation.

  • Process submissions, quotes and binders and respond to broker inquiries on tight deadlines

  • Follows up with brokers and underwriters to obtain key underwriting documents needed to issue policies.

  • Issues policies on a timely basis.

  • Assists in maintenance of electronic files, including policy checklist spreadsheet tracking key policy and underwriting documents.

  • Researches questions from brokers and underwriters.

  • Reviews complex insurance submissions for mergers & acquisitions transactions and tax risks.

  • Prepares a daily summary of new submissions for the underwriters.

  • Inputs each submission, and process quotes and binders in the underwriting workstation.

  • Assists underwriters with e-filing and other tasks as necessary.

  • Performs other duties as assigned.

Qualifications

  • Bachelor’s degree, paralegal certificate generally preferred.

  • Generally, 5+ years of experience of administrative experience with an insurance carrier, agency or broker. Insurance or M&A experience is preferred.

  • Must have strong computer skills including MS Word, Excel and Adobe Acrobat.

  • Strong attention to detail with the ability to manage multiple tasks.

  • Must have excellent organizational skills.

  • Ability to work in a fast-paced environment and meet tight deadlines

  • Work may be required outside of ordinary business hours

Business Unit:

Mergers & Acquisitions


Salary Range:

$70,000.00 -$85,000.00

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.

Top Skills

Adobe Acrobat
Excel
Ms Word
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The Company
HQ: Cincinnati, OH
4,738 Employees
On-site Workplace

What We Do

Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses. We have more than 30 specialty property and casualty insurance businesses, and in 2021, approximately 50% of our gross written premium in our property and casualty operations was generated by business units with a Top 10 market ranking.

Great American Insurance Company has received an "A"​ (Excellent) or higher rating from the AM Best Company for more than 110 years (most recent rating evaluation of "A+"​ (Superior) affirmed December 3, 2021). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio.

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