CNA Financial Corporation

Underwriting Director(Commercial Construction P&C)

CNA Financial Corporation$120K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • MBA or equivalent experience; professional designations preferred.
  • At least 10 years of underwriting experience with a proven track record.
  • Strong technical and business management skills in underwriting principles and practices.
  • Excellent analytical, problem-solving, and project management skills.
  • Ability to lead, coach, and develop a diverse underwriting team.

Responsibilities

  • Directs daily activities and manages the performance of the underwriting team.
  • Onboards and trains underwriters, developing training programs and granting underwriting authority.
  • Collaborates with senior management to create and implement underwriting policies and business strategies.
  • Drives business unit initiatives and ensures team accountability for execution.
  • Reviews underwriting policies and pricing for new and renewal business, focusing on continuous improvement.
  • Cultivates and maintains relationships with agencies and brokers for successful outcomes.
  • Reports business performance and strategic initiatives to senior management.

Benefits

  • Opportunity to lead and develop a high-performing underwriting team.
  • Engagement with senior management in strategic decision-making.
  • Work within a hybrid model offering flexibility.
  • Participation in industry trade groups and continuous professional development.
  • Direct influence on business profitability and operational improvements.
Full Job Description
Leads and directs an underwriting group and is accountable for business results through overall management, profitability, and business development of a book of business. In conjunction with senior management, works within the highest limits of authority. Has regional, industry, segment, or company-wide scope of responsibility. JOB DESCRIPTION: Essential Duties & Responsibilities Performs a combination of duties in accordance with departmental guidelines: Directs the work activities and has full management responsibility for the performance and development of subordinate staff in accordance with corporate strategic direction. Onboards, trains, coaches, leads and develops underwriters and participates in the development of underwriting training and accountable for granting underwriting authority. Participates with senior management in the development and implementation of underwriting policy, marketing and business strategy; responsible for reviewing and approving referrals within authority. Drives regional and business unit initiatives and strategies and holds underwriting team accountable for execution; develops and implements operating plans for enhancing the business and meeting strategic objectives. Reviews and directs the application of underwriting policy and pricing for all risks within an assigned book of business for new and renewal business; drives adherence to documentation and referral standards and completes file reviews to drive continuous improvement in underwriting quality. Market products and services through agencies or through the brokerage community. Develops and maintains agency and/or broker relationships to ensure positive and profitable outcomes. Reports business progress to senior management. Keeps current on state/territory issues and regulations, industry activity and trends.  May represent the company in industry trade groups. May perform additional duties as assigned. Reporting Relationship AVP or above Skills, Knowledge & Abilities 1. Ability to effectively lead, coach and develop an underwriting group. 2. Excellent communication, negotiation and presentation skills.  Ability to effectively interact with all levels of CNA's internal and external business partners. 3. Senior level technical and business management acumen, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures.  4. Excellent analytical and problem solving skills, with the ability to manage multiple projects and teams.  5. Ability to deal with ambiguous situations and issues. 6. Creativity in resolving unique and challenging business problems.  7. Ability to achieve results by taking a proactive long-term view of business goals and objectives.  8. Knowledge of Microsoft Office Suite and other business-related software. Education & Experience 1. MBA or its equivalent in experience.  Professional designations preferred. 2. Typically a minimum of ten years of underwriting experience with a proven track record of results. #LI-ES1 #LI-hybrid

About CNA Financial Corporation

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; and commercial property, general liability, cyber liability, umbrella, and excess liability, as well as various other property and casualty coverages for healthcare institutions, professional services firms, and other specialized industries. The company also provides warranty and service contracts for consumer goods, and extended service contracts for consumer automobiles and recreational vehicles; and accident and health, and group life insurance products. In addition, it offers management and professional liability insurance and risk management services, as well as other specialized property and casualty coverages to various healthcare organizations, including hospitals, physician groups, and nursing homes. The company markets its products through independent agents, brokers, and general underwriters to various customers, including small, medium, and large businesses; insurance companies; associations; and other industry groups. CNA Financial Corporation was founded in 1853 and is headquartered in Chicago, Illinois.
Learn more about CNA Financial Corporation
Size
5,600 employees
Market Cap
$11.2 billion
Industry
Net Income
$690 million
Founded
1973
5 Year Trend
+4.7%
Revenue
$10.8 billion
NASDAQ

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