Underwriting Consultant - Natl Acct Primary - Loss Sensitive
Underwriting Consultant - Natl Acct Primary - Loss Sensitive
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Job Description
You have a clear vision of where your career can go. And we have the leadership to help you get there.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 seeks to offer a comprehensive and competitive benefits package to our employees that helps them and their family members achieve their physical financial emotional and social wellbeing goals.
For a detailed look at CNAs benefits check out our Candidate Guide.
JOB DESCRIPTION:
Our team of Large Account Primary Casualty Underwriters are high level individual contributors responsible for overall management business development growth and profitability of a book of Large Account Casualty business spanning a wide range of industry segments and revenue bands. This position will have a heavy emphasis on new business production ofrisk management primary casualty accounts.
Recognized as a technical expert in an underwriting specialty including loss sensitive account structuresyou will drive business results through strong sales marketing and relationship building skills with external Agents and internalbusiness partners (local Branch and Home Office teams) and Units (Claim and Risk Control). Our Standard Lines operating model focuses on underwriting performance exposurebased pricing and building strong producer and customer relationships.
This hybrid position will work from the Plano TXoffice with the ideal candidatewill having 5 years of large account casualty underwriting experience.
Essential Duties and Responsibilitiesinclude the following
1.Underwriting Expertise
Reviews applications and financial requirements to determine acceptability of risk in accordance with CNAs guidelines and standards
Understands pricing components and rating methodology as well as use of the predictive modeling tools; prices risk based on financial and competitive analysis
Uses all appropriate underwriting tools disciplines and knowledge of strategies to ensure underwriting guidelines are followed
Analyzes coverage and limits of underlying policies to properly structure the CNA Umbrella or Excess attachment and coverage.
Completes underwriting write ups to detail the underwriting thought process including analysis of operations exposures coverage and losses.
Demonstrates technical underwriting skills through thorough account reviews and file documentation
Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price
Keeps current on state/territory issues regulations and trends
2. Portfolio Management
Manages assigned portfolio to achieve gross written premium profitability rate retention product mix new business and portfolio management goals
Prioritizes time and resources to effectively manage and optimize producer performance
Operates with an Enterprise perspective to identify cross sell opportunities and create growth within other lines of business and customer segments
Demonstrates indepth knowledge of CNAs products and appetite while clearly communicating CNAs position at the point of sale
3. Sales & Distribution Management
Builds/maintains rigorous sales practices using all CNA systems including SalesForce and other sales tools and disciplines
Develops producer relationships to build pipeline agency intelligence and drives performance to meet and exceed results
Develops and implements distributor specific plans monitors performance and adjusts plan to ensure a substantial pipeline for future profitable growth
Drives effective relationship management and customer activities to build trust facilitate negotiation and secure commitment with the customer
Proactively identifies crosssell opportunities and partners with other underwriters to deliver comprehensive insurance solutions for the customer
In all responsibilities and interactions all employees are expected to adopt and align with CNAs Winning Behaviors to be externally focused accountable collaborative innovative and continuously learning.
Knowledge Skills and Abilities
Knowledge of underwriting processes coverages and tools to gather and evaluate information in order to reach appropriate decisions on renewals and new business
Ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility team and/or matrix environment
Ability to uncover customer needs position specific solutions handle objections and close deals
Ability to exercise judgment negotiate and make sound business decisions effectively based on level of authority
Strong ability to identify analyze and solve problems as well as the ability to learn rapidly adapt quickly to change exercise influence and manage and prioritize multiple concurrent projects
Education & Experience
Bachelors degree or equivalent experience. Professional designations preferred.
Typically a minimum 5 years underwriting experience
As determined by CNA and depending on the applicants experience and/or qualifications candidates may be hired into one of two Underwriter positions: Underwriting Consultant or Underwriting Consulting Director. Typically 5 10 years of related experience.
#LIMA1
#LIHybrid
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation please contact.
Required Experience:
Contract
Employment Type
Full-Time
