Underwriting Associate – Life Sciences
CNA Insurance
full-time
Posted on:
Location Type: Office
Location: New York City • Florida • New York • United States
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Salary
💰 $47,000 - $78,000 per year
About the role
- Performs underwriting analysis and documentation to determine acceptability of risk in accordance with company guidelines and standards for renewal and new business within assigned Letter of Underwriting Authority.
- Handles endorsement requests within delegated authority.
- Handles assigned renewal book within assigned authority and demonstrates the ability to triage renewal applications/specs and formulate next steps for the underwriter.
- Works as a liaison to resolve issues (billing and collections, risk control, underwriting guidance).
- Documents assigned files ensuring completeness, compliance, and quality.
- Executes on advanced pricing strategy and demonstrates ability to document pricing rationale.
- Completes quote proposals and negotiates with external partners within assigned authority.
- Expert on systems and workflows, serving as a resource to others.
- Keeps current on line of business strategy, state/territory issues, regulations and trends.
Requirements
- Bachelor’s degree or equivalent experience
- Typically a minimum of three years of related work experience
- Knowledge of Property and Casualty underwriting including insurance products, policy processing procedures and documentation.
- Strong time management, and analytical skills
- Strong interpersonal and communications skills
- Demonstrated ability to work independently on multiple tasks
- Strong capability to advise and coach others
- Demonstrated customer service experience and the ability to interact with a wide-variety of people on a daily basis in person, via telephone and email.
- Strong knowledge of Microsoft Office Suite as well as other business-related software.
Benefits
- comprehensive and competitive benefits package to help achieve physical, financial, emotional and social wellbeing goals.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
underwriting analysisrisk assessmentpricing strategypolicy processingdocumentationquote proposalsnegotiationcomplianceanalytical skillstime management
Soft Skills
interpersonal skillscommunication skillsindependent workcoachingcustomer serviceproblem-solvingtriageliaisonorganizational skillsability to handle multiple tasks
Certifications
Bachelor’s degree