Senior Underwriting Specialist - Fine Art

Great American Insurance Group•New York, NY

1d•$105,000 - $175,000•Hybrid

About The Position

Great American Insurance Group's member companies are subsidiaries of American Financial Group. This role is within the Fidelity / Crime Division, which specializes in protecting businesses from crime-related losses and offers insurance for high-valued objects, including fine art. The fine art practice is a fast-growing insurer in North America, covering private collections, dealers, galleries, public collections, and museums. The Underwriter will market, underwrite, and produce profitable monoline Fine Art inland marine coverage nationally, adhering to company objectives and policies. This is a salaried position, not commissioned sales. The role is based in the New York City office with a hybrid work schedule, but remote or hybrid options may be considered for individuals outside NYC depending on experience and qualifications.

Requirements

Bachelor’s Degree or equivalent experience.
Field of Study: Applicable liberal arts or business discipline
Generally, 5 years to 10+ years of related experience.
High level of organizational skills, ability to establish priorities and meet deadlines.
Proficiency in PC based programs and Microsoft Office.
Must be open to day and overnight travel up to 20% of the time to visit producers and insureds and attend industry or company events.

Nice To Haves

Knowledge of contemporary art movements and art history is helpful but not required.

Responsibilities

Has responsibility for low complexity risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
Uses independent judgment and initiative to support business goals.
Maintains a high level of customer service.
Receives and analyzes submissions and determines terms to offer (policy limits, deductibles, coverage options and conditions, etc.).
Prices business in accordance with company guidelines.
Assesses risk quality and compliance within company guidelines.
Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including applications, location details, credit checks, contract agreements, financial statements, and underwriting surveys.
Makes recommendations on risks.
Enters, maintains, and monitors accounts using underwriting, analysis, and desktop systems.
Prepares effective internal and external communications on underwriting issues.
Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
Interacts with the producers/insureds, assists in marketing calls, and participates in underwriting/production calls.
Interprets, explains, and markets products and services.
Visits producers and principals, as well as attends industry or company events, in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.
Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
Performs other duties as assigned.
Strong negotiation skills.
Must be able to thrive in a team environment