About the Role
Individual contributor responsible for the overall management, business development, analysis and monitoring of a highly complex book of business. Recognized as a technical expert in an underwriting specialty. Under general management direction, works within broad limits of authority on assignments requiring a high degree of technical complexity and coordination. May have regional, industry segment or company-wide scope.
Responsibilities
- Performs a combination of duties in accordance with departmental guidelines
- Works on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability
- Develops specialized endorsement language for highly complex risk
- Determines appropriate pricing of complex risks for assigned book of business based on financial and competitive analysis in line with compliance requirements and with little oversight needed from superiors
- Makes recommendations on underwriting policy and pricing strategy
- Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management
- Markets products and services through agencies or through the brokerage community and makes field visits
- Develops and maintains agency and/or broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business
- Keeps current on state/territory issues and regulations, industry activity and trends
- May participate in industry trade groups
- Mentors and guides less experienced underwriters and assists in the development of underwriting training
- Utilizes advanced functionality in relevant CNA systems to perform day-to-day activities
- Responsible for special underwriting projects and presentations
Requirements
- Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures
- Strong communication, negotiation and presentation skills
- Ability to effectively interact with all levels of CNA's internal and external business partners
- Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects
- Ability to deal with ambiguous situations and issues
- Creativity in resolving unique and challenging business problems
- Knowledge of Microsoft Office Suite and other business-related software
- Demonstrated leadership skills
Skills
- Technical expertise
- Underwriting skill
- Insurance and underwriting principles, practices and procedures
- Communication
- Negotiation
- Presentation
- Analytical skills
- Problem solving
- Project management
- Microsoft Office Suite
- Business-related software
Location
- Hybrid
Work Type
- Hybrid
Experience Level
- Typically a minimum eight years underwriting experience
Education Level
- Bachelor's degree or equivalent experience
- Professional designations preferred
Salary/Compensations
- $72,000 to $141,000 annually
Benefits
- Comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals
About the Company
- At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
- CNA utilizes AI-enabled technology during the recruiting process.
- CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process.
Equal Opportunity
- CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process.
