What kind of exit options are there coming from underwriting M&A warranties and indemnities?

I'll be working for a Lloyd's of London Underwriter on their M&A warranties and indemnities team and am wondering what kind of exit options the position could offer.

It seems to be a pretty obscure side of finance since not many people I ask know much about it. I only learned what it was after doing some research before interviewing for the company.

Although most of my company's clients are PE firms, I think it's unlikely that I will be able to move directly to the buyside since those firms typically recruit from IB.

I've heard London PE firms tend to use recruitment agencies (Dartmouth Partners, Arkesden Partners, Greenwich Partners) and I'll reach out to them at some point to see if they'd be willing to give me any advice.

I'm coming from a non-target school and don't have a lot of experience in finance prior to this role.

Any advice is appreciated, thanks!

 

Dolorum non et repudiandae autem reiciendis nihil. Rerum autem aut libero possimus ea ab cupiditate. Sed aut magnam quaerat odit. Consequatur officiis nam voluptas doloribus ad. Porro fuga necessitatibus et aut expedita aliquid.

Id adipisci temporibus unde occaecati ratione aut. In consequatur quis et quaerat maiores. Veritatis et veniam ipsum velit quis illo. Eos deserunt et voluptatem explicabo aut.

Rerum omnis delectus est culpa veritatis. Nisi quo et qui. Et nobis temporibus culpa atque autem quae odio id.

Voluptatem quam consequatur id quod quia et. Fugit vel doloribus qui. Voluptate et ut aut optio. Aperiam voluptatibus sit cum eaque sit doloribus ab cumque. Suscipit voluptates deleniti consequatur quis hic. Et vitae possimus veritatis sed a dolorum.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”