Senior Underwriting Specialist
3 weeks ago
As a Senior Underwriting Specialist at CNA Financial Corporation, you will play a critical role in the overall management, business development, analysis, and monitoring of a highly complex book of business. This position requires a high degree of technical complexity and coordination, and you will be recognized as a technical expert in an underwriting specialty.
Key Responsibilities
• Performs a combination of duties in accordance with departmental guidelines, working on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability.
• Develops specialized endorsement language for highly complex risk and determines appropriate pricing of complex risks for assigned book of business based on financial and competitive analysis in line with compliance requirements.
• Makes recommendations on underwriting policy and pricing strategy, analyzes quality, quantity, and profitability of highly complex risks underwritten, and prepares and presents reports to management.
• Markets products and services through agencies or through the brokerage community and makes field visits, developing and maintaining 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, and may participate in industry trade groups.
• Mentors and guides less experienced underwriters and assists in the development of underwriting training, utilizing advanced functionality in relevant CNA systems to perform day-to-day activities.
• Responsible for special underwriting projects and presentations, with a strong focus on leadership and collaboration.
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, with the 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, and deal with ambiguous situations and issues.
• Creativity in resolving unique and challenging business problems, with a strong focus on leadership and collaboration.
• Knowledge of Microsoft Office Suite and other business-related software, with a strong focus on technical expertise and underwriting skills.
• Demonstrated leadership skills, with a strong focus on collaboration and teamwork.
Education and Experience
• Bachelor's degree or equivalent experience, with professional designations preferred.
• Typically a minimum eight years underwriting experience, with a strong focus on technical expertise and underwriting skills.
• In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role, with a national base pay range of $71,000 to $133,000 annually, based on various factors, including but not limited to, relevant work experience, skills, certifications, and location.
• CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional, and social wellbeing goals, with a detailed look at CNA's benefits available at cnabenefits.com.
• CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process, with a contact available for accommodation requests.
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