Underwriting Consultant - Cyber

01460 Continental Casualty Company; Chicago (IL); On-site; USD 72,000 - 141,000; Full time

Job summary

CNA's Continental Casualty Company is seeking an experienced individual contributor to manage a highly complex cyber underwriting book. You will analyze, price and monitor risks, developing endorsements for complex cases and coordinating with agencies and brokers to drive profitable outcomes.

Reporting to management, you will mentor junior underwriters, apply advanced underwriting knowledge, and leverage CNA systems to execute day-to-day activities while staying current on regulations and

Qualifications

• Advanced technical underwriting knowledge and experience in insurance.
• Strong communication, negotiation and presentation abilities.
• Analytical and problem-solving skills with multiple projects.
• Ability to work with ambiguity and drive solutions.
• Proficiency with Microsoft Office and related software.
• Demonstrated leadership and mentorship capabilities.

Responsibilities

• Manages a highly complex cyber underwriting book with analysis and monitoring.
• Develops endorsement language for complex risks and pricing strategies.
• Markets products through agencies and brokerage networks; maintains relationships.
• Keeps current on state issues, regulations and industry trends.
• Mentors less experienced underwriters and supports training.
• Uses CNA systems for day-to-day underwriting activities.
• Handles special underwriting projects and presentations.

Skills

Technical underwriting expertise

Communication skills

Analytical/problem solving

Leadership ability

Ambiguity handling

Microsoft Office / business software

Presentation skills

Education

Bachelor's degree or equivalent experience

Professional designations preferred

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 Cyber 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.

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

1. Works on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability.
2. Develops specialized endorsement language for highly complex risk.
3. 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.
4. Makes recommendations on underwriting policy and pricing strategy.
5. Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management.
6. Markets products and services through agencies or through the brokerage community and makes field visits.
7. 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.
8. Keeps current on state/territory issues and regulations, industry activity and trends.
9. May participate in industry trade groups.
10. Mentors and guides less experienced underwriters and assists in the development of underwriting training.
11. Utilizes advanced functionality in relevant CNA systems to perform day-to-day activities.
12. Responsible for special underwriting projects and presentations.

Reporting Relationship Manager or above.

Skills, Knowledge and Abilities

1. Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures.
2. Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
3. Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects.
4. Ability to deal with ambiguous situations and issues.
5. Creativity in resolving unique and challenging business problems.
6. Knowledge of Microsoft Office Suite and other business-related software.
7. Demonstrated leadership skills.

Education and Experience

1. Bachelor's degree or equivalent experience. Professional designations preferred.
2. Typically a minimum eight years underwriting experience.

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].

At CNA, we are focused on success, individually and collectively. We pride ourselves on promoting a culture that challenges and engages people. We strive to connect people, departments and business areas, to function as a team, and to serve our customers and communities with professionalism and respect. Our dedication to employee engagement, continuous learning and the open exchange of ideas is the cornerstone of our business.

These ideals, combined with our focus on the customer, enable us to explore new market opportunities and build on our success. Our values, culture and financial strength are what differentiates us from other employers and make CNA the place you want to work.

At CNA, we are committed to advancing a culture of inclusion – one that attracts talent from all walks of life, fosters respect and collaboration, and enables all of our colleagues to do their best work.

At CNA, we have a long standing commitment to the diverse communities in which we live and work. We actively make a difference for the greater good through partnerships, sustainability, initiatives, and working together for a better tomorrow.

Corporate Social Responsibility is not one person, or one department, it's the entire enterprise coming together to make the world a better place.