Underwriter - Fine Art & Specie - London, United Kingdom - CNA Hardy

CNA Hardy
CNA Hardy
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Position Summary
We are seeking to hire a Fine Art & Specie Underwriter to join our Lloyd's Marine team.


The role will be responsible for underwriting all risk codes within the Fine Art & Specie account, employing methods necessary to meet plan profitability, GWP and expense goals.

Management and growth of the portfolio of business within appropriate underwriting discipline/guidelines. Marketing and servicing of existing and potential insured's.


Key Responsibilities

  • Determines acceptability of risk in accordance with company guidelines and standards.
  • Sets appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
  • Prepares quotations and answers questions from Brokers, internal and external contacts and escalates issues as necessary.
  • Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations. Verbally notifies Brokers of decisions where appropriate in order to ensure clear understanding of the decision.
  • Analyses quality, quantity, and profitability of risks underwritten and prepares reports for
- management review.

  • May assist in marketing products and services through the brokerage community and makes field visits.
  • Develops and maintains positive Broker relationships.
  • Keeps current on state/territory issues, regulations and trends.
  • Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.
  • Develop proficiency in all relevant CNA systems.
  • May update the underwriting systems.
  • May perform additional duties as assigned.

Skills, Knowledge & Abilities

  • Prior experience of underwriting Fine Art & Specie.
  • Knowledge of the Fine Art & Specie market and products including major Jewellers Block, Cash in Transit, Fine Art, and General Specie business
  • Developing technical expertise and negotiation skills.
  • Strong interpersonal and communication skills.
  • Ability to effectively interact with peer level CNA internal and external business partners.
  • Ability to work independently.
  • Strong analytical and problem solving skills
  • Ability to exercise independent judgment and make sound business decisions effectively.
  • Strong knowledge of Microsoft Office Suite as well as other businessrelated software.
More jobs from CNA Hardy
See all jobs of CNA Hardy