
Senior Vice President- Fine Art
Job Description
Huntington T. Block Insurance is hiring for a Senior Vice President-Fine Art
Huntington T. Block (HTB) Insurance Agency, Inc., business group within Aon Affinity US is a leading managing general underwriter of Fine Art (FA) and Musical Instrument (MI) insurance. As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of HTB.
As a FA and MI, inland marine Senior Vice President, you will be responsible for parlaying existing business contacts into potential prospective insureds and empowering our clients by delivering innovative and effective insurance solutions.
The Senior Vice President role is a hybrid position with the flexibility to work both virtually and in office (2-3 days per week) at an area New York office.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.
What the day will look like
Identify potential prospects and drive business development opportunities as-well-as manage day-to-day account relationships with assigned Fine Art (FA) or Musical Instrument (MI) insurance clients, ensuring proficiency in coverage and processes. Retain and grow the assigned book of business through risk review, analysis, and data gathering in line with Property and Casualty (P&C) industry standards and HTB underwriting guidelines and established workflow.
- Initiate, connect, create, build and maintain effective business relationships with prospects, clients, and underwriters.
- Actively attend and dynamically network at industry events including art fairs, galleries, and museum exhibition openings, association conventions, conferences, trade shows, business luncheons and similar events. Some travel may be required.
- Organize and help encourage and foster the HTB team's visible participation at the above referenced or similar events.
- Contribute to and help support the team's annual new business sales goal, with individual sales goals typically $125,000 or less.
- Ensure accurate risk assessment, documentation, and decision-making, with clear communication internally and externally.
- Actively study the FA & MI, inland marine lines of coverage policy forms and learn the required Account Executive I related duties, including established workflow, and responsibilities.
- Become familiar with other P&C lines of coverage to better serve as a Trusted Risk Advisor and in support of referral activity to HTB Commercial Lines and other Affinity business units including Affinity NonProfits (ANP) and Aon Private Risk Management (APRM).
- Effectively manage assigned book of business which will consist of mid to high complexity client accounts.
- Achieve renewal account policy retention goals by understanding coverage and client needs, adhering to service delivery standards.
- Remarkets and brokers existing policies based on client requests or market conditions.
- Support the renewal process by drafting quote comparisons and coverage analysis.
- Carefully produces and delivers new and renewal solicitations, quotes, certificates of insurance, binders, policies, schedules, invoices, and endorsements promptly.
- Resolve prospect or client service issues and manage accounts receivables.
- Use sound judgment and independent thinking within accepted authority.
- Identify premium growth opportunities through cross-selling.
- Collect and monitor competitive intelligence; contribute to product development.
- Provide coverage overviews and clarifications to clients or brokers.
- Assists Senior member of the HTB staff with processing of Policies, Endorsement, Certificatesof insurance and any other requests when asked.
- Work independently with moderate guidance and supervision.
- Seek out new and challenging projects.
- Perform other duties as required.
Skills and experience that will lead to success
- 10 years of insurance industry account management experience; or proven, substantive experience in visual, performing arts, art galleries and dealers, art fairs and exhibitions, auction houses, art collectors and investors.
- Strong organizational, verbal, and written communication skills.
- Ability to multi-task and work in a team environment.
- Strong analytical skills and familiarity with carrier underwriting systems is a plus.
- Self-motivated, highly organized, and detail oriented.
- Proficiency in MS Office suite, especially Excel.
- Resident broker Property & Casualty license required and must be acquired within 90 days of hiring.
Education:
- Four-year college degree or equivalent combination of education and work experience required; studies in risk management or business are a plus.
- Advanced degree or equivalent experience in the P&C insurance industry, or designation such as ARM, CPCU, or CIC is a plus.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
The salary range for this position (intended for U.S. applicants) is $175,000 to $227,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.
This position is eligible to participate in one of Aon's annual incentive plans to receive production incentives in addition to base salary. The amount of any production incentives varies and is subject to the terms and conditions of the applicable incentive plan.
A summary of all the benefits offered for this position:
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
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