CNA Financial Corporation

Underwriting Manager (Underwriting Hub)

CNA Financial Corporation$72K — $141K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience; professional designations preferred.
  • Minimum of eight years underwriting experience.
  • Advanced technical expertise in insurance and underwriting principles.
  • Strong communication and negotiation skills across all levels.
  • Ability to lead, coach, and develop underwriting teams.
  • Advanced analytical skills, with capacity to prioritize multiple projects.
  • Familiarity with Microsoft Office Suite and business-related software.

Responsibilities

  • Leads management of a multi-region renewal portfolio and oversees underwriting staff.
  • Onboards, trains, and develops underwriting team, granting underwriting authority as needed.
  • Recommends underwriting policy and pricing strategy to management.
  • Reviews application of underwriting policy and pricing for risks within the assigned portfolio.
  • Prepares and presents operational reports to management.
  • Drives initiatives and business strategies within the underwriting team.
  • Develops and maintains relationships with agencies and brokers.

Benefits

  • Comprehensive and competitive benefits package for physical, financial, emotional, and social wellbeing.
  • Opportunities for professional development and training for career growth.
  • Flexible work arrangements, as indicated by hybrid work setup.
Full Job Description

JOB DESCRIPTION:

This Underwriting Manager position is part of the Underwriting Hub a growing team designed to provide expanded underwriting capabilities for the organization. We will elevate underwriting excellence through streamlined processes, strategic focus, and collaborative growth that enables our field underwriting teams to deepen agent and broker engagement and drive new business growth. If youre ready to stretch your skills and grow your career, wed love to meet you.

Manages an underwriting staff and is accountable for business results through the oversight, analysis, and performance of a renewal portfolio across multiple regions. Under general management direction, works within broad limits of authority requiring a high degree of technical complexity and coordination. May have regional, industry segment, or company-wide scope of responsibility.

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Leads the management of a multi-region renewal portfolio and oversees the work activities, performance, and development of underwriting staff responsible for renewal business execution and portfolio performance.

  • Onboards, trains, coaches, leads and develops underwriters and participates in the development of underwriting training and accountable for granting underwriting authority.

  • Makes recommendations on underwriting policy and pricing strategy to management, responsible for reviewing and approving referrals within authority.

  • Reviews and manages 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.

  • Prepares and presents operational reports to management.

  • Drives regional and business unit initiatives and business strategies and holds underwriting team accountable for execution.

  • May be responsible for cross selling products and services through agencies or through the brokerage community.

  • Develops, maintains and cultivates agency and/or broker relationships to ensure positive and profitable outcomes.

  • Keeps current on state/territory issues and regulations, industry activity and trends. May participate in industry trade groups.

Skills, Knowledge & Abilities

  • Ability to effectively lead, coach and develop underwriting staff.

  • Advanced technical expertise, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures.

  • Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of CNAs internal and external business partners.

  • Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.

  • Ability to deal with ambiguous situations and issues.

  • Creativity in resolving unique and challenging business problems.

  • Ability to achieve business goals and objectives.

  • Knowledge of Microsoft Office Suite and other business-related software.

Education & Experience

  • Bachelors degree or equivalent experience. Professional designations preferred.

  • Typically a minimum eight years underwriting experience.

#LI-SM1

#LI-HYBRID

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia,California, Colorado, Connecticut, Illinois,Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $72,000 to $141,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees  and their family members  achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNAs benefits, please visitcnabenefits.com.

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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