Underwriting Consultant(Construction Umbrella & Excess)

CNA Insurance; California (MO); On-site; USD 72,000 - 141,000; Full time

Benefits offered by this job

Competitive benefits

Job summary

CNA Insurance is seeking an experienced underwriting professional to manage and develop a highly complex book of business. You will serve as a technical expert in underwriting specialty, handling pricing, policy recommendations, and regional coordination under general management direction.

Reporting to a manager or above, you will mentor junior underwriters, analyze risk profitability, and build relationships with agencies and brokers to drive positive, profitable outcomes.

Qualifications

• Bachelor's degree or equivalent; professional designations preferred.
• Typically eight years underwriting experience.

Responsibilities

• Assess complex underwriting risks using diagnostics and analysis.
• Develop endorsement language for complex risks.
• Set pricing for complex risks within policy and regulatory guidelines.
• Provide recommendations on underwriting policy and pricing strategy.
• Analyze profitability of high-risk accounts and present findings.
• Build and maintain agency/broker relationships to grow complex business.
• Stay current on state issues and industry trends; participate in trade groups.
• Mentor less experienced underwriters and support training.

Skills

Underwriting expertise

Analytical thinking

Communication & negotiation

Leadership potential

MS Office proficiency

Education

Bachelor's degree or equivalent

Professional designations preferred

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.

Individual contributor responsible for the overall management, business development, analysis and monitoring of a highly complex book of business. 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.

JOB DESCRIPTION

Essential Duties & 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.

Reporting Relationship

Manager or above

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 years underwriting experience.

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 $72,000 to $141,000 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.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process.

To request an accommodation, please contact [e-mail]