CNA Financial Corporation

Underwriting Director - Surety

CNA Financial Corporation$120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or similar field.
  • 7+ years of underwriting experience with demonstrated success.
  • Professional designations (e.g. AFSB) and/or MBA preferred.
  • Strong leadership and coaching abilities for an underwriting group.
  • Excellent communication, negotiation, and presentation skills.

Responsibilities

  • Direct and manage an underwriting group to achieve business results.
  • Coach and develop underwriting staff and create training programs.
  • Collaborate with senior management to shape underwriting policy and business strategy.
  • Develop and execute operating plans to meet strategic business objectives.
  • Review and enforce underwriting policies and pricing for assigned risks.
  • Enhance product and service visibility through marketing efforts.
  • Cultivate and maintain positive relationships with agencies and brokers.

Benefits

  • Relocation assistance available for candidates moving to Scottsdale, AZ.
  • Opportunity for professional development and training in underwriting.
  • Access to a comprehensive benefits package.
  • Involvement in industry trade groups for networking and representation.
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 for Surety. In conjunction with senior management, works within the highest limits of authority. Has regional, industry segment or company-wide scope of responsibility. **This position will sit in the Scottsdale, AZ office. Relocation is available.** 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. • Coaches, leads and develops underwriters and directs the development of underwriting training. • Participates with senior management in the development and implementation of underwriting policy, marketing and business strategy. • 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. • May 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. Reporting Relationship AVP or above Skills, Knowledge and 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 and Experience. 1. Bachelor of Arts (BA) or Bachelor of Science (BS) in Business Administration (or similar). 2. Typically a minimum of seven years of underwriting experience with a proven track record of results. 3. Professional designations (e. g. AFSB) and/or MBA preferred.

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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