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

CNA Hardy

Verified Company

London, United Kingdom

3 weeks ago

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.