Underwriting Consultant, National Accounts Property, Wholesale

CNA Insurance; Irvine (CA); On-site; USD 72,000 - 141,000; Full time

Job summary

CNA Insurance is seeking an Excess & Surplus Underwriting Consultant in Irvine, California. The role involves managing complex underwriting risks, developing pricing strategies, and maintaining broker relationships. Candidates should have a bachelor's degree, at least eight years of underwriting experience, and strong communication and analytical skills. CNA offers a salary range of $72,000 to $141,000 annually, depending on experience, along with a competitive benefits package.

Qualifications

• Professional designations preferred.
• Typically, a minimum of eight years underwriting experience.

Responsibilities

• Manage the overall underwriting of a complex book of business.
• Market products and maintain agency relationships.
• Analyze quality and profitability of underwriting risks.
• Mentor less experienced underwriters.
• Utilize advanced functionality in relevant CNA systems.

Skills

Advanced technical expertise

Strong communication skills

Negotiation skills

Analytical skills

Leadership skills

Education

Bachelor's degree or equivalent experience

8+ years underwriting experience

Tools

Microsoft Office Suite

Job description

JOB DESCRIPTION

When you join the Cardinal, a CNA brand, National Accounts Property, Wholesale team as an Excess & Surplus Underwriting Consultant, you are responsible for the overall management, business development, analysis and monitoring of a highly complex book of business. You will be recognized as a technical expert in underwriting ground-up monoline policies. Under general management direction, you will work within broad limits of authority on assignments requiring a high degree of technical complexity and coordination.

This hybrid role will work 4 days per week in the market from our local offices in California, Arizona, Colorado, or Texas.

Essential Duties & Responsibilities

• Works on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability. Develop 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.

As determined by CNA and depending on the applicant’s experience and/or qualifications, candidates may be hired into one of three Underwriter positions: Underwriting Specialist, Underwriting Consultant, or Underwriting Consulting Director. Typically, 3-10+ years of related 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 is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [e-mail].