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Underwriting Consultant – Middle Market International

Underwriting Consultant – Middle Market International

CompanyCna Financial Corp
LocationNew York, NY, USA
Salary$122000 – $152500
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • 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.
  • Bachelor’s degree or equivalent experience. Professional designations preferred.
  • Typically a minimum eight years underwriting experience.

Responsibilities

  • Works on highly complex underwriting risks 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 agencies or through the brokerage community and makes field visits.
  • Develops and maintains agency and/or broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business.
  • Keeps current on state/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.

Preferred Qualifications

  • Professional designations preferred.