CNA Insurance

AVP, Underwriting Technology, P&C

CNA Insurance

full-time

Posted on:

Origin:  • 🇺🇸 United States • Illinois, Kentucky, Ohio

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Salary

💰 $152,000 - $242,000 per year

Job Level

Lead

About the role

  • Officer position responsible for providing overall underwriting excellence through management for the commercial middle markets technology P&C book of business through the Midwest and South territories.
  • Ensures effective management and implementation of strategic objectives and policies for a product line or segment, in accordance with the company's strategic plans.
  • CNA’s Technology Segment is composed of specialized coverage such as; Tech E&O, CNA NetProtect as well as CNA’s traditional domestic property and casualty lines.
  • Appetite focuses on the technology segment defined as; Software/Hardware Manufacturing, Programmers, Information Technology Consultants, Telecommunications Service Providers, ISP, ASP across both Small (under $100 Million) and large businesses (up to $2.5 Billion) with both domestic and foreign exposures.
  • The successful candidate will have the ability to lead a team of underwriters in a territory and drive business strategy and production through deep industry relationships, sales and marketing combined with a strong background in working with complex underwriting issues focused on information assets, intellectual property, and computer resources.
  • Further, candidates will have a track record in progressive underwriting success within a carrier and/or broker environment focused on, technology solutions; Ideally, a mix of experience across commercial middle markets Property & Casualty, Errors & Omissions and Professional Liability products.
  • Essential Duties & Responsibilities Implements strategic objectives, underwriting strategies and best practices with substantial impact on the short-term success of a product line or segment.
  • Ensures the achievement of continued profitability, growth and/or operational efficiencies for a product line or segment through assessment of risk tolerance, market appetite and emerging risk issues.
  • Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, operational, planning and product reviews.
  • Provides results to members of the underwriting management team and develops plans to resolve issues.
  • Monitors the usage and profitability of alternative pricing programs.
  • Drives adherence to underwriting authority delegation, audit criteria and catastrophe management for a product line or segment.
  • Collaborates with business partners in Risk Control, Actuarial, Claim, Worldwide Operations and Compliance to address governance and compliance issues related to underwriting practices.
  • Provides guidance and direction in the development of underwriting and training tools.
  • May lead, direct and have full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with strategic direction.
  • May take lead responsibility for the development of underwriting strategies and position papers for emerging issues when assigned.
  • May maintain relationships with branches, brokers, agents and customers to assess risk tolerance, market appetite and emerging issues.

Requirements

  • Bachelor’s degree with Master’s preferred in a related discipline, or equivalent.
  • Typically a minimum of 10 years of related work experience, with five years management experience.
  • Chartered Property Casualty Underwriter (CPCU) roles