Underwriting Specialist, National Accounts Property

CNA; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading insurance company in Toronto is seeking a skilled individual contributor for underwriting management within National Accounts Property. The ideal candidate will have extensive experience in analyzing complex risks, pricing strategies, and developing broker relationships. Strong communication, analytical skills, and a bachelor's degree are required for this role. Join a company committed to fostering your professional growth in a collaborative environment.

Qualifications

• Typically a minimum of eight to ten years underwriting experience.
• Advanced knowledge of insurance and underwriting principles.

Responsibilities

• Analyze and assess complex underwriting risks.
• Determine appropriate pricing based on financial analysis.
• Develop and maintain broker relationships.
• Mentor and guide less experienced underwriters.

Skills

Advanced technical expertise

Strong communication skills

Analytical and problem solving skills

Creativity in problem resolution

Leadership skills

Education

Bachelor's degree or equivalent experience

Professional designations preferred

Tools

Microsoft Office Suite

Job description

Overview

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. 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.

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.

Equal Employment Opportunity

At CNA, we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, CNA will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.