Underwriting Consultant – Construction Retail, Monoline Umbrella
CNA Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Boston • Illinois • Massachusetts • 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
- Makes recommendations on underwriting policy and pricing strategy
- Analyzes quality, quantity, and profitability of highly complex risks underwritten
- Markets products and services through agencies or through the brokerage community
- Develops and maintains agency and/or broker relationships with large producers
- 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
- 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
- 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
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
underwritingdiagnostic analysissystematic analysispricing strategyendorsement language developmentrisk assessmentprofitability analysisinsurance principlesinsurance practicesinsurance procedures
Soft Skills
communication skillsnegotiation skillspresentation skillsanalytical skillsproblem solving skillscreativitymentoringguidancerelationship managementadaptability
Certifications
Bachelor's degree