CNA Financial Corporation

VP, Regional Underwriting Manager Southeast (Construction)

CNA Financial Corporation$194K — $308K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Master's preferred in a related discipline.
  • Minimum of 12 years of related work experience, including 7 years in management.
  • Chartered Property Casualty Underwriter (CPCU) designation preferred.
  • Mastery of underwriting discipline and knowledge of the insurance field.
  • Advanced communication skills for building consensus in a matrix environment.
  • Strong leadership and management abilities demonstrating integrity and professionalism.
  • Senior-level knowledge of the insurance industry, its products, and services.

Responsibilities

  • Lead underwriting excellence and integrity initiatives for the Construction line of business in the Southeast region.
  • Achieve production and profitability goals while promoting profitable growth opportunities with key distribution firms.
  • Delegate authority and partner with enterprise Property and Casualty groups on underwriting governance and accountability.
  • Collaborate with sales and production leaders to optimize growth opportunities within the territory.
  • Manage and develop a high-performing team with a focus on talent management and succession planning.
  • Oversee overall underwriter performance and accountability to foster a results-driven culture.
  • Analyze quarterly underwriting performance across multiple metrics and develop resolution plans.

Benefits

  • Comprehensive and competitive benefits package for physical, financial, emotional, and social wellbeing.
  • Support for employees' families to achieve wellness goals.
  • Utilization of AI-enabled technology in the recruiting process.
Full Job Description
Officer position responsible for providing overall underwriting excellence and integrity through adherence to underwriting best practices for multiple products for the Construction line of business within the Southeast region. Directs the implementation and execution of strategic and operational objectives, in accordance with the company's long-term strategic plans.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • The VP, Regional Underwriting Manager has full accountability and ownership for underwriting and for achieving production and profitability goals for an assigned region and aligns with top distribution firms to promote profitable growth opportunities.
  • This position works within their delegated underwriting authority and guidelines to drive underwriting, operational and transactional excellence throughout the underwriting chain and across their region.
  • Delegates authority to subordinate underwriters and partners with the enterprise Property and Casualty groups to govern referral thresholds, underwriting authority and establish clear paths of accountability and ownership throughout their respective hierarchy.
  • This role will partner with the SVP and VP level sales and production leaders within their territory to maximize profitable growth opportunities with agents & brokers.
  • Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent management, succession planning and skill development in accordance with strategic direction.
  • This leader will have direct ownership of all aspects of underwriter performance and accountability to promote a high performing culture into their respective regions.
  • Drives implementation of strategic and operational objectives with significant impact on the short-term success of multiple products within a geographic region.
  • Analyzes underwriting performance based on quarterly regional evaluations of profit, production, rate, retention, agency performance and cross-sell opportunities. Provides results to members of the management team and develops plans to resolve issues.


May perform additional duties as assigned.

Reporting Relationship

Typically SVP or above

Skills, Knowledge & Abilities

1. Mastery of underwriting discipline and knowledge in the insurance field and a broad understanding of the critical issues in other related areas.
2. Advanced communication skills which are critical to building consensus across area of influence (external and/or internal relationships), teams and/or matrix environment.
3. Strong leadership and management skills demonstrating integrity and professionalism.
4. Ability to drive results by identifying and resolving significant problems within scope of responsibility.
5. Senior level knowledge of the insurance industry, its products and services.
6. Knowledge of Microsoft Office 365 and other business-related software.
7. Strong knowledge of assigned business line and insurance industry.

Education & Experience

1. Bachelor's degree with Master's preferred in a related discipline, or equivalent.
2. Typically a minimum of 12 years of related work experience, with seven years management experience.
3. Chartered Property Casualty Underwriter (CPCU) designation preferred.

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 $194,000 to $308,000 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 CNA's benefits, please visit cnabenefits.com.

CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.

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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