Underwriting Consultant - Fine Arts (Hybrid or Remote)

Intact Specialty Solutions • Chicago, IL

4d • Hybrid

About The Position

At Intact Insurance Specialty Solutions, we are experts in protecting what makes businesses unique. Our deep understanding of the specialty insurance market forms the foundation for our customized solutions, supported by targeted risk control and claims services. Our employees are passionate about providing insurance coverage aligned with our targeted customer groups. Intact’s Global Specialty Lines business operates across more than 20 verticals in four distinct markets: U.S., Canada, UK, and Europe. This opportunity is for our U.S. team. We are seeking an Underwriting Consultant to join our Fine Arts team. This role can be based in our Chicago, IL or New York City offices in a hybrid capacity, or remotely on the East Coast. The position involves underwriting risks, including the selection and rejection of new and renewal business for the most complex Fine Art and specialty accounts, operating at the highest underwriting authority levels. The role focuses on developing and executing strategic initiatives to grow and enhance the profitability of a Fine Art book of business within an assigned territory. Key responsibilities include new business production and managing large, high-value accounts such as private collections, museums, galleries, dealers, and exhibition and transit risks. A significant aspect of the role is developing strong working relationships with producers and specialized Fine Art brokers to achieve mutual growth and profitability goals. The Underwriting Consultant is viewed as a senior resource and technical expert in Fine Art underwriting and may serve as a subject matter expert for this line of business, potentially acting as a coach or mentor to junior team members.

Requirements

• Bachelor’s degree or equivalent experience
• 7–10 years of progressively more complex underwriting experience, preferably in Fine Art, Inland Marine, or High-Net-Worth segments
• Professional insurance designations preferred (CPCU, AINS, ARM)
• Additional background in art history, appraisal, or museum practices is a plus

Responsibilities

• Maximizes opportunities for underwriting profitable new and renewal Fine Art business, as appropriate based on market conditions, by leveraging broker relationships, product knowledge, and underwriting expertise in Fine Art exposures.
• Develops and maintains an active target account list including high-net-worth collectors, institutions, and specialized risks, tracking prospects, account rounding, and missed opportunities.
• Manages financial performance of all assigned Fine Art products in the assigned territory including accident year loss ratio, premium plans (new business, retention, and rate/exposure increases), and commission targets.
• Underwrites and manages a Fine Art book of business including transit, exhibition, and static risks.
• Manages underwriting quality and book management.
• Executes underwriting strategy including portfolio management, self-audits of new and renewal business, and well-documented approval of underwriting decisions.
• Ensures compliance with underwriting standards and assigned authority levels.
• Demonstrates a strong understanding of Fine Art exposures and key coverage issues including transit and exhibition risks, security and environmental protections, catastrophe exposure, and valuation considerations such as agreed value and market value.
• Makes underwriting decisions to accept, decline, or modify risks within the highest production underwriter authority levels.
• Implements underwriting decisions in compliance with state laws and applicable international considerations for transit and exhibition risks.
• Structures specialized Fine Art coverage solutions, including all-risk policies, wall-to-wall transit coverage, and exhibition or consignment coverage arrangements.
• Develops superior working relationships with producers, specialized Fine Art brokers, and key market participants to successfully promote achievement of mutual growth and profitability goals.
• From a sales perspective, identifies gaps in coverage and/or services, understands where the company can deliver value based on those gaps, and uses that information to help retain or obtain customers.
• Works closely with wealth managers, art advisors, and institutional partners, and establishes strong business relationships across internal departments including claims, actuarial, and risk control to better service producers and accounts.
• Regularly travels to key producers, collectors, and institutions and remains highly visible in the Fine Art marketplace, including participation in industry events, art fairs, and broker meetings.
• Understands and communicates the company’s underwriting appetite and generates qualified Fine Art business in support of that appetite.

Benefits

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
• Bonus potential

What This Job Offers

• Job Type: Full-time
• Career Level: Senior