Consulting Director, Engineered Property

CNA; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

A leading insurance company seeks a Senior Underwriter specialized in Engineered Property to manage complex risks and enhance business development. The role requires extensive experience in underwriting principles, strong analytical skills, and effective communication. This position offers the opportunity to lead special projects and mentor junior underwriters in a collaborative environment.

Qualifications

• Bachelor's degree or equivalent experience; professional designations preferred.
• At least ten years of senior underwriting experience.
• Proven results track record.

Responsibilities

• Manage and analyze complex underwriting risks.
• Develop and implement underwriting policies and strategies.
• Build and maintain broker relationships.

Skills

Expertise in underwriting principles

Excellent communication skills

Strong analytical skills

Negotiation skills

Problem-solving skills

Leadership capabilities

Education

Bachelor's degree or equivalent experience

Tools

Microsoft Office Suite

Job description

You have a clear vision of where your career can go, and we have the leadership to help you get there.

At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

Job Title: Senior Underwriter - Engineered Property

Individual contributor responsible for the overall management, business development, analysis, and monitoring of a book of business of the highest complexity within Engineered Property. Recognized as the most senior level, technical expert in an underwriting specialty. Works within defined limits of authority, requiring a high degree of technical complexity and coordination. May have a national or company-wide scope of responsibility in the specialty area.

Essential Duties & Responsibilities:

• Collaborates with senior management on complex underwriting risks, employing advanced diagnostic and systematic analysis to assess acceptability. Develops specialized endorsement language for the most complex risks.
• Determines appropriate pricing for assigned book of business based on financial and competitive analysis, ensuring compliance with relevant regulations.
• Participates in the development and implementation of underwriting policies, marketing strategies, and business plans.
• Interprets corporate strategies and initiatives to tailor the company's approach based on the assigned territory and builds consensus within the organization.
• Analyzes the quality, quantity, and profitability of the most complex risks underwritten and presents reports to senior management.
• Markets products and services through the brokerage community and makes field visits.
• Develops and maintains broker relationships, especially with key customers in the assigned territory, to ensure positive and profitable outcomes on high-risk business.
• Keeps current on provincial/federal issues, regulations, industry activity, and trends. Represents the company in industry trade groups and shares knowledge with others.
• Mentors and guides less experienced underwriters and assists in underwriting training development.
• Leads special underwriting projects and presentations.

Skills, Knowledge, and Abilities:

• Expertise in technical and product-specific underwriting principles, practices, and procedures.
• Excellent communication, negotiation, and presentation skills for interaction with internal and external partners.
• Strong analytical and problem-solving skills with the ability to manage multiple projects.
• Ability to navigate ambiguous situations and resolve complex business problems creatively.
• Proactive with a long-term perspective on business goals and objectives.
• Advanced proficiency in Microsoft Office Suite and related software.
• Demonstrated leadership capabilities.

Education and Experience:

• Bachelor's degree or equivalent experience; professional designations preferred.
• Typically, at least ten years of senior underwriting experience with a proven results track record.

At CNA, we are committed to providing equal employment opportunities to all employees and applicants. We promote a policy of non-discrimination based on job-related qualifications and ability to perform the job. If you require accommodations during the hiring process or upon hire, please inform Human Resources. We will work with you to provide suitable accommodations that meet your accessibility needs.