Risk Assessment Specialist
2 months ago
Position: Risk Assessment Specialist at CNA
About the Role: In the capacity of a Risk Assessment Specialist at CNA, your primary responsibility will be to evaluate applications and financial criteria, assess risk acceptability, engage in negotiations with agents, and conduct profitability analyses of the risks you underwrite.
Key Responsibilities
- Evaluates applications and financial criteria for complex risks necessitating advanced underwriting expertise.
- Assesses the acceptability of risks in accordance with company policies and standards, including establishing suitable pricing based on financial evaluations.
- Prepares quotations, addresses inquiries, and escalates matters to management when necessary.
- Promotes products and services through agency channels, conducts field visits, and fosters agency partnerships.
- Offers mentorship to fellow underwriters and collaborates with various functional teams.
Required Skills & Competencies
- In-depth understanding of underwriting principles and practices within the insurance sector.
- Excellent interpersonal, communication, and negotiation abilities.
- Capability to operate autonomously and make significant business decisions with confidence.
- Proven leadership qualities and proficiency in the Microsoft Office Suite.
Qualifications & Experience
- A bachelor's degree or equivalent professional experience; relevant certifications are advantageous.
- Prior underwriting experience is essential, with the level of the position determined by qualifications.
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