Renewable Energy Tax Credit Ins Underwriter

Job Overview

The Underwriter would sit at the intersection of complex tax law and corporate finance working with a senior tax underwriter. He or she would analyze low probability, high magnitude tax risks in the context of renewable energy investments.

Key Responsibilities

• Risk Analysis and Due Diligence
• Review extensive factual materials, tax memos, and other legal opinions, and perform legal research to assess the strength of a tax position.
• Evaluate the likelihood of a successful challenge by tax authorities.
• Analyze transaction structures for potential pitfalls.
• Policy Execution
• Drafting: Write bespoke insurance policies that define exactly which tax risks are covered and which are excluded.
• Pricing: Determine the appropriate premium based on the complexity and soundness of the tax position.
• Negotiation: Work with brokers and clients to finalize coverage limits and retention amounts.
• Documentation: Maintain accurate and detailed records of underwriting activities to ensure compliance and support effective communication with stakeholders.
• Business Development
• Collaborate with others to integrate insurance into a broader insurance business.
• Stay current on legislative changes, court cases, regulatory guidance and professional commentary to be up-to-date with the latest views on tax matters from the government and private bar and to identify new areas for insurance coverage.

Qualifications & Skills

• Education: A Juris Doctor (JD) and Master of Laws (LL.M.) in taxation.
• Experience: 10+ years of experience in a Big Law tax department.
• Analytical Rigor: Ability to digest quickly hundreds of pages of documents to find, understand and evaluate tax risk.
• Commercial Awareness: Understanding how a tax law risk fits into a business deal.
• Team Player: Ability and willingness to collaborate with multiple stakeholders in a multinational company