Underwriting Associate – Middle Market
CNA Insurance
Underwriting Trainee – Surety
CNA Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Downers Grove • Alabama, Illinois, Kentucky, Massachusetts, Washington • 🇺🇸 United States
Visit company websiteSalary
💰 $65,000 - $75,000 per year
Job Level
Entry Level
About the role
- Primarily responsible for learning underwriting principles and standards in a CNA Surety branch office
- Analyzes, evaluates, and refers new and existing business to a more senior level underwriter within the branch office
- Reviews bond applications and financial documentation to determine if the applicant is an acceptable risk in accordance with company guidelines and standards
- Determines the need for additional evidence of financial standing and appropriate strategy
- Recommends risks after complete analysis and consideration of applicant documentation, business factors and competitive situations
- Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations
- Assists in marketing products and services through agencies or through the brokerage community
- Develops and maintains positive agency and/or broker relationships to ensure positive outcomes
- May travel approximately 1 to 1 ½ days a week to agent locations shadowing more senior underwriters prospecting business
Requirements
- BA/BS in Finance, Accounting, Business Administration or similar program
- Minor in Marketing or Communication Studies a plus
- Prior work or internship experience in a related discipline (finance, credit, accounting) strongly preferred
- Must possess excellent communication and analysis skills
Benefits
- comprehensive and competitive benefits package to help our employees and their family members 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
underwriting principlesfinancial analysisrisk assessmentbond applications reviewfinancial documentation evaluationbusiness analysismarketing productsagency relationship management
Soft skills
communication skillsanalytical skillsrelationship buildingdecision making
