General information




Country: United Kingdom of Great Britain and Northern Ireland




Creation Date: 01-Sep-2026




Employment Type: Permanent




Employment Type: Full time




Ref #: 1234573290




Description & Requirements




Role Title: Senior Underwriter




Department: Marine




Team: Fine Art and Specie




Location: London




Type: Permanent




Regulated Role - Conduct/Certified/Senior Manager: N/A




About the Role:



The Senior Underwriter will report to the Head of Fine Art and Specie and will be responsible for managing their own portfolio of brokers and clients, product development, leveraging expertise and relationships to bring in new business and contributing to development of best practice within the team. In addition, the role will involve supporting junior members of the team and driving and delivering upon the team's strategy.




About the Department & Team:



The London Fine Art and Specie team is a market-leading team with extensive experience within the Fine Art and Specie market. They write a portfolio of business through the London retail and wholesale broker network on both the Lloyd's and company platforms. The business has been built over many years through the strength of the team and has historically achieved strong underwriting results. It is part of the London Specialty division and Global Specie product line, providing an excellent opportunity to join a truly global team.




Key Responsibilities:



Strategy and Planning

• Support the development of the annual business plan for the Underwriting division and ensure delivery of the plan in accordance with stated risk tolerances


• Ensure the team's awareness of the business plan and its context so that they can take appropriate action and make informed decisions


• Contribute and participate in all meetings to share and develop strategy, knowledge and best practice


• Contribute new ideas and concepts to support the development and delivery of the business plan

Delivery

• Establish and strengthen relationships with brokers, industry bodies, business partners, reinsurers and colleagues, to maximise influence and achieve business objectives


• Demonstrate understanding and awareness of market dynamics and market cycles to drive and enhance business performance


• Continually develop expertise and technical knowledge through appropriate development initiatives


• Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including: a) Negotiating rates, terms and conditions for existing and new business b) Compliance with the production and issue of documentation in accordance with contract certainty requirements


• Contribute and influence in the review and analysis of the portfolio, to identify progress towards business objectives


• Ensure entries are properly recorded onto relevant systems in a timely manner whilst ensuring accuracy of data with relation to both underwriting and aggregate exposures

Policy, Process and Procedures

• Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance


• Adhere to underwriting standards, instructions and best practice methodology in order to minimise risk


• Apply any reinsurance requirements in accordance with stated risk tolerances and to deliver against business plan


• Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing

Skills and Experience:

• Significant experience gained within the insurance industry


• Thorough understanding of fine art and specie underwriting and extensive knowledge of market dynamics and cycle.


• Ability to analyse and use data for decision making.


• Strong attention to detail


• Use of risk profiling and pricing tools and loss models. Working closely with actuarial team to help accurately price risks & provide underwriting insight.


• Strong established customer/broker relationships. Open to working on active renewal portfolio as well as bring in new business.


• Intermediate/ advanced level understanding of relevant software including Excel and other departmental software packages


• Strong interpersonal, communication and negotiation skills


• People management- has potential to lead individuals and/or a team in the future


• Knowledge of other product lines relevant to cross-selling with fine art and specie including terrorism

About Liberty Specialty Markets (LSM)



Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.



Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

• Offering a vibrant and inclusive environment and committing to their career development.


• Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.


• Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.


• A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

For more information, please follow the links below:




https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us




https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-equity-and-inclusion