CNA Financial Corporation

Underwriting Specialist, National Accounts Property

CNA Financial Corporation$115K — $140K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years of underwriting experience, preferably in National Accounts Property (Engineered Property)
  • Bachelor's degree or equivalent experience; professional designations are a plus
  • Advanced knowledge of insurance underwriting principles and practices
  • Exceptional communication, negotiation, and presentation skills
  • Strong analytical skills with the ability to manage multiple complex projects
  • Demonstrated leadership ability and mentorship experience

Responsibilities

  • Assess and underwrite complex risks with little oversight
  • Develop specialized endorsement language for complex underwriting risks
  • Determine competitive pricing based on analysis and compliance requirements
  • Make strategic recommendations on underwriting policies and pricing
  • Analyze and report on the profitability of complex risks
  • Build and maintain strong broker relationships to achieve profitable outcomes
  • Mentor junior underwriters and assist in their training and development

Benefits

  • Commitment to equal employment opportunities and accommodations
  • Opportunities for professional development and advancement
  • Supportive company culture that values employee contributions
  • Engagement in industry trade groups and professional networking
  • Potential for involvement in complex special projects and presentations
Full Job Description
Individual contributor responsible for the overall management, business development, analysis and monitoring of a highly complex book of business within National Accounts Property (Engineered Property). Recognized as a technical expert in an underwriting specialty. Under general management direction, works within broad limits of authority on assignments requiring a high degree of technical complexity and coordination. May have regional, industry segment or company-wide scope.

JOB DESCRIPTION:

Essential Duties & Responsibilities
• Performs a combination of duties in accordance with departmental guidelines.
• Works on highly complex underwriting risks within National Accounts Property (Engineered Property) employing diagnostic and systematic analysis to assess acceptability. Develops specialized endorsement language for highly complex risk.
• Determines appropriate pricing of complex risks for assigned book of business based on financial and competitive analysis in line with compliance requirements and with little oversight needed from superiors.
• Makes recommendations on underwriting policy and pricing strategy.
• Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management.
• Markets products and services through through the brokerage community and makes field visits.
• Develops and maintains broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business.
• Keeps current on provincial/territory issues and regulations, industry activity and trends. May participate in industry trade groups.
• Mentors and guides less experienced underwriters and assists in the development of underwriting training.
• Utilizes advanced functionality in relevant CNA systems to perform day-to-day activities.
• Responsible for special underwriting projects and presentations.

Skills, Knowledge and Abilities
• Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures.
• Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of CNA's 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.
• Knowledge of Microsoft Office Suite and other business-related software.
• Demonstrated leadership skills.

Education and Experience
• Bachelor's degree or equivalent experience. Professional designations preferred.
• Typically a minimum eight to ten years underwriting experience.

Our Total Rewards philosophy reflects our commitment to building a high-performing, inclusive culture where every team member is empowered to grow, contribute, and thrive. We value the unique strengths and perspectives each individual brings to our business, our clients, and our communities. The base salary range for this position is $115,000 to $140,000, complemented by a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional, and social wellbeing goals. Base salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. Please note that this posting is for an existing vacancy.

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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