Underwriting Specialist - Contract Surety

CNA Insurance; Charlotte (NC); Hybrid; USD 70.000 - 100.000; Vollzeit

Zusammenfassung

CNA Insurance in Charlotte, NC, is seeking an experienced Underwriter to join our Surety book. You will work under technical direction, assess complex risks, and determine pricing and strategy in line with guidelines and regulations.

Responsibilities include preparing quotes, negotiating with agents, maintaining agency relationships, and providing guidance to colleagues on cross-sell opportunities while staying current on industry trends and CNA systems.

Qualifikationen

• Bachelor’s degree or equivalent; professional designations preferred.
• Typically 3–5 years underwriting experience.
• Advanced knowledge of underwriting and insurance theories and practices.

Aufgaben

• Reviews applications and financial requirements for complex risks; determines acceptability.
• Determines pricing based on financial and competitive analysis and compliance.
• Prepares quotes and negotiates with agents to reach profitable outcomes.
• Notifies agencies of decisions and status; escalates issues with proposed solutions.
• Analyzes risk profitability and prepares management reports.
• Markets CNA products and maintains agency/broker relationships.
• Provides guidance to other underwriters and cross-sell support.
• Stays current on state regulations and industry trends.

Kenntnisse

Underwriting

Analytical thinking

Negotiation

Communication

Independent work

Problem solving

Leadership

MS Office

Ausbildung

Bachelor’s degree or equivalent

Jobbeschreibung

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.

CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them — and their family members — achieve their physical, financial, emotional and social wellbeing goals.

For a detailed look at CNA’s benefits, check out our Candidate Guide.

Under technical direction, responsible for underwriting risks in a Surety book of business. Works within specific limits of authority on assignments requiring significant technical complexity and coordination. Utilizes underwriting policies and guidelines, rating manual rules and insurance laws and regulations.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

• Reviews applications and financial requirements for risks requiring complex underwriting skills. Determines acceptability of risk in accordance with company guidelines and standards. Also, determines the need for additional evidence of insurability and appropriate strategy.

• Determines appropriate pricing based on financial and competitive analysis in line with compliance requirements.

• Prepares quotes and answers questions from agencies, policyholders or other external contacts and escalates issues to management along with proposed solutions as necessary. Negotiates with agents to reach positive and profitable outcomes.

• Notifies agencies of adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations.

• Analyzes quality, quantity, and profitability of risks underwritten and prepares reports for management review.

• Markets products and services through agencies or through the brokerage community and makes field visits. Develops and maintains agency and/or broker relationships.

• May provide guidance and assistance to other underwriters and to other functional areas, particularly when related to cross-sell opportunities.

• Keeps current on state/territory issues and regulations, industry activity and trends and freely shares information with others.

• Utilizes advanced functionality in relevant CNA systems to perform day-to-day activities.
  Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.

Reporting Relationship

Manager or Director

Skills, Knowledge and Abilities

1. Advanced knowledge of underwriting and insurance industry theories and practices.

2. Demonstrated high level of technical expertise and product specific knowledge.

3. Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA’s internal and external business partners.

4. Ability to work independently.

5. Strong analytical and problem solving skills.

6. Ability to exercise independent judgment and to make critical business decisions effectively.

7. Knowledge of Microsoft Office Suite as well as other business-related software.

8. Demonstrated leadership skills.

Education and Experience

1. Bachelor’s degree or equivalent experience. Professional designations preferred.

2. Typically a minimum three to five years underwriting experience.

**Title is subject to change based on experience and skillset. Alternate titles include the following: “Underwriter” or “Underwriting Consultant**

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