Underwriting Consultant - Private/Non-Profit Underwriting Center

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

Benefits offered by this job

Comprehensive benefits package

Job summary

01460 Continental Casualty Company is seeking an underwriter to manage a highly complex book of business, focusing on business development and analysis.

The ideal candidate will have at least eight years of underwriting experience, strong analytical skills, and the ability to interact with various business partners. A Bachelor's degree and professional designations are preferred.

This role comes with a competitive salary in the range of $72,000 to $141,000 annually and a comprehensive benefits package.

Qualifications

• Professional designations preferred.
• Typically a minimum eight years underwriting experience.
• Ability to deal with ambiguous situations and issues.

Responsibilities

• Manage a highly complex book of business.
• Assess acceptability of highly complex underwriting risks.
• Develop specialized endorsement language for complex risk.

Skills

Advanced technical expertise

Communication skills

Analytical skills

Negotiation skills

Leadership skills

Education

Bachelor's degree or equivalent experience

Minimum eight years underwriting experience

Tools

Microsoft Office Suite

Job description

Overview

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

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.

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 interact with all levels of 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.
• Based on experience, the title of this role may be subject to change to one of the following titles: Underwriter, Underwriting Specialist or Underwriting Consulting Director.

Compensation

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.

Benefits

CNA offers a comprehensive and competitive benefits package to help employees and their family members achieve physical, financial, emotional and social wellbeing goals. For a detailed look at benefits, visit cnabenefits.com.

Accommodations

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [e-mail].