Underwriting Consultant, Wholesale Cyber/Media/E&O
CNA Insurance
full-time
Posted on:
Location Type: Remote
Location: Illinois • New York • United States
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Salary
💰 $72,000 - $141,000 per year
About the role
- Performs a combination of duties in accordance with departmental guidelines: 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.
- May participate in industry trade groups.
- Mentors and guides less experienced underwriters and assists in the development of underwriting training.
- Utilizes advanced functionality in relevant CNA systems to perform day-to-day activities.
- Responsible for special underwriting projects and presentations.
Requirements
- Bachelor's degree or equivalent experience
- Typically a minimum eight years underwriting experience
- Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures.
- Strong communication, negotiation and presentation skills.
- Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects.
- Ability to deal with ambiguous situations and issues.
- Creativity in resolving unique and challenging business problems.
- Knowledge of Microsoft Office Suite and other business-related software.
- Demonstrated leadership skills.
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
underwritingfinancial analysispricing strategyrisk assessmentanalytical skillsproblem solvingnegotiationpresentation skillsinsurance principlescompliance requirements
Soft Skills
communicationleadershipcreativitymentoringrelationship managementproject managementprioritizationadaptabilityteam collaborationstrategic thinking
Certifications
Bachelor's degree