Vice President

HUB International Limited (“HUB”) is the 5th largest global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 19,000 employees in 750 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions. HUB International Northeast is a division of a leading international insurance brokerage selling and servicing all lines of insurance.

Job Purpose:

Support HUB International’s Private Equity team as a strategic and technical resource throughout the insurance due diligence process. This includes active engagement with private equity partners throughout the acquisition lifecycle working efficiently to ensure diligence and post-close coverage is achieved in accordance with the timing of the transaction. The role requires the candidate to simultaneously manage multiple internal/external workstreams across several product lines to ensure that the multi-coverage post-close program is delivered in “deal time” and the results align with the strategy established at the beginning of the diligence process. 

Functions & Responsibilities:

• Work with our Private Equity partners at the inception of the transaction process engaging the broader HUB transaction team (Property & Casualty, Employee Benefits, Retirement, Transactional Risk) to establish a diligence kick-off call.
• Ensure the HUB transaction team has been granted data-room access and continuously monitor the data-site(s) to ensure information is received and disseminated amongst the HUB transaction team as needed.
• Create a 3rd party insurance diligence checklist and continuously work with external resources to request outstanding information necessary to conduct diligence.
• Review the insurance program of the Target Company to identify material Liabilities (un-insured or otherwise) that would impact the Buyer’s perspective on the business and expeditiously communicate same to the Buyer. The candidate should also strategically work towards an insurance solution to eliminate or minimize the issues identified. 
• Prepare summary comparison exhibits in Excel format outlining existing and proposed program structures from both a coverage and pricing standpoint.
• Create detailed insurance exhibits in Excel format to include pricing and exposure exhibits/comparisons, summary of terms and conditions and other pertinent deal information as necessary. 
• Construct and present consolidated findings and recommendations in a detailed written presentation (generally in Power Point) for all HUB workstreams engaged in the diligence process.
• Participate in periodic meetings with the national Financial Institution / Private Equity practice fostering shared knowledge and ideas to improve our diligence capabilities across the HUB enterprise. 

Qualifications:

• 15+ years related experience. Strong working knowledge of Property, Casualty, Workers’ Compensation coverages required.
• Specific experience with due diligence workstreams is required.  
• College degree. Completion of one or more CPCU exams preferred.
• Strong oral and written communication skills.
• Strong analytics and ability to think strategically and work in a highly organized fashion.
• Strong mathematical aptitude.
• Computer literacy especially Excel and Word
• Highly motivated to grow personally and contribute to the overall growth of the private equity practice both locally and nationally.     
• Valid insurance licenses required.

Department Account Management & ServiceRequired Experience: More than 15 years of relevant experienceRequired Travel: NegligibleRequired Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

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