JOB DESCRIPTION
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines :
Reviews applications and financial requirements for risks requiring complex underwriting skills. Determines acceptability of risk in accordance with company guidelines and standards.
Also, determines the need for additional evidence of insurability and appropriate strategy.
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.
Skills, Knowledge & Abilities
1. Advanced knowledge of underwriting and insurance industry theories and practices.
2. Demonstrated high level of technical expertise and product specific knowledge.
3. Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
4. Ability to work independently.
5. Strong analytical and problem solving skills.
6. Ability to exercise independent judgment and to make critical business decisions effectively.
7. Knowledge of Microsoft Office Suite as well as other business-related software.
8. Demonstrated leadership skills.
Education & Experience
1. Bachelor's degree or equivalent experience. Professional designations preferred.
2. Typically a minimum three to five years underwriting experience.
LI-ES1
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In California, Colorado, Connecticut, New York and Washington, the national base pay range for this job level is $49,000 to $98,000 annually.
Salary determinations are 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.
Underwriting Consultant(National Accounts Casualty-Primary Casualty)
The emphasis will be placed on new business production of risk management primary casualty accounts. Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures. CNA's US Insurance Operations (USIO) provides standard...
Underwriting Specialist(National Accounts Casualty-Wholesale)
Notifies agencies of adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations. Reviews applications and financial requirements for risks requiring complex underwriting skills. Advanced knowledge of underwriting and insurance industry theories and practices. Ty...
Underwriting Technician National Accounts Property
A company is looking for an Underwriting Technician for National Accounts Property. ...
Underwriting Director - National Accounts Property Ground-Up
Senior level technical and business management acumen, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures. Leads and directs an underwriting group and is accountable for business results through overall management, profitability, and business developm...
TruStage Specialist, National Accounts (Remote within WA,MT,CO,CA,AK)
Through proactive support and engagement, they provide consultation to Sales Partners and Credit Unions to address specific client needs to attract, retain, and grow business within assigned customer accounts in the National Segment. Engage and execute with Sales Partner for account team planning, p...
Vice President - National Accounts Casualty - Los Angeles
Vice President - National Accounts Casualty - Los Angeles. Vice President National Accounts Casualty. This position is looking for a candidate with management experience in National Account Casualty Insurance Underwriting to manage the Los Angeles territory which includes Southern California and Ari...
Underwriting Consultant - National Accounts Property (Shared/Layered)
As determined by CNA and depending on the applicant’s experience and/or qualifications, candidates may be hired into one of three Underwriter positions: Underwriter, Underwriting Specialist or Underwriting Consultant. When you join the National Accounts Property team, you are responsible for the ove...
Underwriting Director – National Accounts Property Ground-Up
Senior level technical and business management acumen, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures. Coaches, leads and develops underwriters and directs the development of underwriting training. Participates with senior management in the develo...
Consumer Loan Sales Specialist
Sales, Collections, Retail, Loan Sales, Customer Service, Customer Care, Business Development, New Grad, Newly Graduated, Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, Career, Benefits, Customer experience, Financial Representative, Credit, Leadership,...
Home Care Consultant (Outside Sales Representative)
Maintain accurate records of all sales and prospecting activities including sales calls; presentations; closed sales; and follow-up activities within the assigned territory, including the use of software to maintain accurate records to maximize territory potential. The Outside Sales Representative i...