What are the responsibilities and job description for the Fine Art & Specie Underwriter position at Liberty Mutual Insurance Group?
Underwriting, Risk Assessment & Portfolio Management Underwrite, price, and manage a portfolio of Fine Art risks in alignment with underwriting strategy and risk appetite. This includes reviewing and analyzing insured's (or prospective insured's) overall exposure, aggregations, protection, loss prevention controls, loss history, financials, portfolio management, and other pertinent information. Maintain disciplined portfolio management, ensuring profitability and quality across new and renewal business. Adherence to individualized underwriting authority guidelines and rating structure, and monitor portfolio performance, aggregate exposures, and premium income to ensure alignment with business plans, underwriting appetite, and financial targets. Provide support to senior team members on complex accounts, including but not limited to renewal preparation, policy issuance and review, endorsements, invoicing, internal processing, and file maintenance. Evaluate fine art valuations and references secondary market for any variances in insured values for the team. Assist manager on special projects including but not limited to, report preparation revision of underwriting guidelines and manuals, development of new marketing materials, social media management. Participate in broker meetings, client engagements, business development initiatives, and represent Liberty at art industry events, art fairs and conferences. Provide administrative and technical support, including maintaining accurate underwriting files and records. Ensure adherence to all internal processing standards, procedures, underwriting guidelines, and regulatory requirements. Maintain and continuously develop technical expertise in Fine Art and Specie underwriting, coverage trends, and valuation methodologies. Bachelor's Degree required, industry designation or professional degree preferred. Minimum 2 years underwriting experience in Fine Arts, Private Client / High Net Worth, Inland Marine or similar. Demonstrated analytical ability to evaluate and judge underwriting risks within defined authority. Effective communication and interpersonal skills required with ability to successfully develop and maintain productive producer/customer relationships. Must be a collaborative, team player that can provide creative solutions to problems. Knowledge of functionality of systems including outstanding technical skills with Microsoft Office and other relevant systems. We also encourage applications from individuals without a formal underwriting background who offer strong capabilities in risk evaluation, coverage analysis, or commercial experience gained through related roles within insurance or the fine art sector.