Underwriting Consultant – Contract Surety
CNA Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Downers Grove • Illinois • United States
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Salary
💰 $72,000 - $141,000 per year
About the role
- Individual contributor responsible for overall management, business development, analysis, and monitoring of a highly complex book of business of Surety accounts.
- Works on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability.
- Develops specialized endorsement language for highly complex risk.
- Determines appropriate pricing of complex risks for assigned book of business based on financial and competitive analysis in line with compliance requirements and with little oversight needed from superiors.
- Makes recommendations on underwriting policy and pricing strategy.
- Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management.
- Markets products and services through agencies or through the brokerage community and makes field visits.
- Develops and maintains 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.
- Mentors and guides less experienced underwriters and assists in the development of underwriting training.
Requirements
- Bachelor's degree or equivalent experience
- Typically a minimum eight years underwriting experience
Benefits
- Comprehensive and competitive benefits package
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
underwritingrisk analysisfinancial analysispricing strategyreport preparationdiagnostic analysiscompliance assessmentendorsement language developmentbusiness developmentprofitability analysis
Soft Skills
mentoringrelationship managementcommunicationpresentation skillsanalytical thinkingstrategic thinkingproblem-solvingteam collaborationleadershipnegotiation
Certifications
Bachelor's degree