UNDERWRITING SPECIALIST - P/C

CNA has provided essential insurance to businesses for more than 100 years. We are respected worldwide as experts in understanding risks with an innovative portfolio of products and services.


CNA products include standard commercial lines, specialty lines, surety, marine and other property-casualty coverages. CNA services include risk management, information services, underwriting, loss control and claims administration.


Our comprehensive approach to insurance opens doors to an array of career opportunities. We offer an environment that challenges you to learn, to use your imagination and to gain professional qualifications in a company where you are part of a team pursuing common goals.


Under technical direction, responsible for underwriting risks in a book of business.  Works within specific limits of authority on assignments requiring significant technical complexity and coordination. Utilizes underwriting policies and guidelines, rating manual rules and insurance laws and regulations.


Performs a combination of the following duties according to departmental guidelines:
1. 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.
2. Determines appropriate pricing based on financial and competitive analysis in line with compliance requirements.
3. Prepares quotes and answers questions from agencies, policyholders or other external contacts and escalates issues to management as necessary.  Negotiates with agents to reach positive and profitable outcomes.
4. Notifies agencies of adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations.
5. Analyzes quality and quantity of risks underwritten and prepares reports for management review.
6. May market products and services through agencies or through the brokerage community. Develops and maintains agency and/or broker relationships.
7. May provide guidance and assistance to other underwriters and to other functional areas.
8. Keeps current on state/territory issues and regulations, industry activity and trends.
 
Additional Responsibilities
1. Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.
2. Performs other essential duties as assigned.


Knowledge, Skills and Abilities
1. Solid knowledge of underwriting and insurance industry theories and practices.
2. Demonstrated 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 judgement and to make critical business decisions effectively.
7. Knowledge of Microsoft Office Suite as well as other business-related software.
 
Education and Experience
1. Bachelor's degree or equivalent experience.  Professional designations preferred.
2. Minimum three to five years underwriting experience.


One of the many advantages of working at CNA is the exceptional benefit program which includes: medical, dental, vision, Savings and Accumulation Plan (S-CAP) with company contributions, prescription drug plan, flexible spending accounts, sick and disability benefits, life insurance, tuition reimbursement, a business casual dress code, and an Employee Assistance Program (EAP).


CNA is an Equal Opportunity Employer committed to a diverse work culture, M/F/D/V.


Listed duties, responsibilities, requirements and functions are not meant to be all inclusive.


For more information on CNA, please visit our web site at