2022 Break Out Awards NORTHEAST SOUTH MIDWEST WEST
JUSTIN PIERCE BERUTICH Managing director-head of tax
Euclid Transactional LLC, a unit of Euclid Insurance Services Inc
New York
Justin Pierce Berutich joined Euclid Transactional in June 2019 after working in the transactional liability group at QBE Insurance Group Ltd. and with Blue Chip Underwriting Services. Prior to QBE, he had been in private practice as a tax attorney and when he sought to become a service provider for the insurer, he was instead asked to join its tax group.
What’s a lasting effect of the pandemic on the way you work?
The pandemic forced us to become nimble, adapting new technologies, business processes, even leadership skills. We’ve learned to work, collaborate, hire and onboard remotely. Euclid Transactional has tripled in size since March 2020.
What’s a problem that needs fixing in your sector?
We need more awareness and penetration with respect to tax insurance. Despite tax insurance being around for decades, it’s still largely unfamiliar to many taxpayers and their advisers. Tax insurance can provide an efficient and economical solution for tax uncertainty.
What should the industry do to attract more young people to work in it?
Educate the next generation on how insurance is an exciting and challenging career and that we really touch every aspect of the business world.
What is something about you that would surprise people?
I was a triathlete and had earned Ironman All World Athlete status for competing in Ironman races. I met my wife at a small race in Pennsylvania and we became engaged at another race.
What did you want to be when you grew up?
I think it probably changed a lot over time. Policeman, fireman, soldier, professional athlete. I’m pretty certain it probably wasn’t tax team leader, but I really enjoy what I do. It’s an exciting industry, with an amazing team at a great company.
