Senior Risk Assessment Specialist

4 weeks ago


Wauwatosa, Wisconsin, United States CNA Full time

Job Overview:


CNA is seeking a highly skilled Senior Risk Assessment Specialist to join our team. As a Senior Risk Assessment Specialist, you will play a critical role in evaluating complex risks and determining the acceptability of risk in accordance with company guidelines and standards.



Job Summary:


The Senior Risk Assessment Specialist will be responsible for a combination of duties in accordance with departmental guidelines. This will include reviewing applications and financial requirements for risks requiring complex underwriting skills, determining acceptability of risk, and determining appropriate pricing based on financial and competitive analysis.



Key Responsibilities:


Reviews applications and financial requirements for risks requiring complex underwriting skills.


Determines acceptability of risk in accordance with company guidelines and standards.


Determines appropriate pricing based on financial and competitive analysis in line with compliance requirements.


Prepares quotes and answers questions from agencies, policyholders, or other external contacts and escalates issues to management along with proposed solutions as necessary.


Negotiates with agents to reach positive and profitable outcomes.


Notifies agencies of adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations.


Analyzes quality, quantity, and profitability of risks underwritten and prepares reports for management review.


Markets products and services through agencies or through the brokerage community and makes field visits. Develops and maintains agency and/or broker relationships.


May provide guidance and assistance to other underwriters and to other functional areas, particularly when related to cross-sell opportunities.


Keeps current on state/territory issues and regulations, industry activity, and trends and freely shares information with others.


Utilizes advanced functionality in relevant CNA systems to perform day-to-day activities.


Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.



Requirements:


Bachelor's degree or equivalent experience. Professional designations preferred.


Underwriting experience required. Qualified applicants at varying experience levels will be considered, position level will be determined based on qualifications.



Salary Range:


$80,000 - $120,000 per year, depending on experience.



Benefits:


CNA offers a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.



Location:


This role can be based in various locations across the country.



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