VP – Underwriting – Commercial E&O – Media – And Cyber

VP – Underwriting – Commercial E&O – Media – And Cyber

Requirements

• Mastery of underwriting discipline and knowledge in the insurance field and a broad understanding of the critical issues in other related areas.
• Expert communication, negotiation, relationship-building, influence and presentation skills. Ability to effectively interact with all levels of CNA’s internal and external business partners as well as the ability to train others in new concepts, technology or initiatives.
• Strong leadership skills to drive results with a large team, and multiple levels of reports.
• Strong broker and agency relationships within field.
• Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.
• Excellent organizational acumen and the ability to balance multiple priorities and issues successfully.
• Creativity in resolving unique and challenging business problems.

Responsibilities

• Creates strategic and operational objectives with significant impact on the short-term success for the E&O, Media, and Cyber lines of business as well as impact on the long-term business goals.
• Ensures the achievement of continued profitability, growth and/or operational efficiencies for E&O, Media, and Cyber lines of business through development of risk appetite, assessment of risk exposures and controls, market dynamics, and emerging risk issues.
• Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, claim, operational, planning and product reviews. Provides results to members of the senior management team and develops plans to adjust results.
• Provides overall direction for underwriting authority delegation and audit criteria. Responsible for the audit results of the books of business.
• Collaborates with business partners in Line of Business, Segments, Underwriting Services, Risk Control, Actuarial, Claim, Distribution, Operations and Compliance to address governance, processing, and compliance issues related to underwriting practices.
• Leads, directs and has management accountability for staff, with an emphasis on talent development and succession planning in accordance with strategic direction.
• Conducts research, analysis and recommends development of insurance products. Assimilates trends in the industry, determines underwriting best practices and contributes to training/development curricula for E&O, Media, and Cyber lines of business.
• Consistent engagement with key trading partners to establish marketplace presence.
• Active participate in industry events.

Preferred Qualifications

• Bachelor’s degree with Master’s preferred in a related discipline, or equivalent.
• Typically a minimum of 15 years of related work experience, with 10 years management experience.