Underwriting Specialist, Multinational P&C

CNA

Not Interested
Bookmark
Report This Job

profile Job Location:

Chicago, IL - USA

profile Yearly Salary: $ 54000 - 103000
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

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.

JOB DESCRIPTION:

The CNA International platform brings together all the assets of CNA global network broad product array underwriting expertise superior service and technology and weaves these strengths into innovative solutions to meet middle market customer needs around the world. Thats why a growing number of businesses with international exposures are turning to CNA to help them manage their increasingly complex global property casualty and professional risks.

This hybrid role will work from our offices in either Chicago Philadelphia New York City or Atlanta.

Essential Duties and Responsibilities:

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 (e.g. RST BPMT Merlin etc.) disciplines and knowledge of strategies to ensure underwriting guidelines are followed

Demonstrates technical underwriting skills through strategic thorough account reviews and file documentation

Prepares or analyzes information on adverse underwriting decisions rate appeals underwriting requirements status and declinations in order to drive results within the assigned territory

Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price

Keeps current on state/territory issues regulations and trends

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 in-depth knowledge of CNAs products and appetite while clearly communicating CNAs position at the point of sale

Sales & Distribution Management

Builds/maintains rigorous sales practices using all CNA systems including 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 cross-sell opportunities and partners with other underwriters to deliver comprehensive insurance solutions for the customer

Driven by our commitment to our customers CNAs winning behaviors (externally focused accountable collaborative innovative and continuously learning) distinguish us from our competitors. CNA employees exemplify these behaviors in all responsibilities and interactions.

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

Reporting Relationship
Manager or above

Education and Experience
1. Bachelors degree or equivalent experience. Professional designations preferred.

2. Typically a minimum three years underwriting experience.


As determined by CNA and depending on the applicants experience and/or qualifications candidates may be hired into one of three Underwriter positions: Underwriter Underwriting Specialist or Underwriting Consultant. Typically 3-10 years of related experience.

#LI-MA1

#LI-HYBRID

In certain jurisdictions CNA is legally required to include a reasonable estimate of the compensation for this District of Columbia California Colorado Connecticut Illinois Maryland Massachusetts New York and Washington the national base pay range for this job level is $54000 to $103000 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. For a detailed look at CNAs benefits please visit.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation please contact.


Required Experience:

IC

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.JOB DESCRIPTION:...
View more view more

Key Skills

  • C#
  • Apache Web Server
  • Credit
  • Food & Beverage
  • Biology

About Company

Company Logo

CNA provides insurance solutions to more than 1 million businesses and professionals worldwide. With more than 100 years of industry experience, CNA has earned a reputation as one of the most trusted commercial insurance companies in the business. We’re a powerful legacy built on expe ... View more

View Profile View Profile