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Underwriting Associate – National Accounts Casualty-Wholesale

Underwriting Associate – National Accounts Casualty-Wholesale

CompanyCna Financial Corp
LocationPlano, TX, USA, Chicago, IL, USA, Lake Mary, FL, USA
Salary$47000 – $78000
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level

Requirements

  • Knowledge of Property and Casualty underwriting including insurance products, policy processing procedures and documentation.
  • Strong time management, and analytical skills
  • Strong interpersonal and communications skills. Ability to effectively interact with all levels of CNA’s internal and external business partners.
  • Demonstrated ability to work independently on multiple tasks.
  • Strong ability to advise and coach others.
  • Demonstrated customer service experience and the ability to interact with a wide variety of people on a daily basis in person, via telephone and email.
  • Strong knowledge of Microsoft Office Suite as well as other business-related software.
  • Bachelor’s degree or equivalent experience.
  • Typically, a minimum of three years of related work experience.

Responsibilities

  • Performs underwriting analysis and documentation to determine acceptability of risk in accordance with company guidelines and standards for renewal and new business within assigned Letter of Underwriting Authority.
  • Handles endorsement requests within delegated authority. Refers endorsements outside of authority to the underwriter with recommended action. Independently engages agency to clarify intent of endorsement or seek missing information.
  • Handles assigned renewal book within assigned authority and demonstrates the ability to triage renewal applications/specs and formulate next steps for the underwriter with outlined changes or points of attention for accounts outside authority.
  • Works as a liaison within the branch, or across CNA to resolve issues (billing and collections, risk control, underwriting guidance from cabinet members, line of business, underwriting services subject matter experts)
  • Documents assigned files ensuring completeness, compliance, and quality (correspondence, proposals, endorsements, cancellations, etc.).
  • Executes advanced pricing strategy (i.e. business unit pricing tools) on behalf of the Underwriter in compliance with regulatory and CNA specific underwriting strategies and demonstrates ability to document pricing rationale
  • Completes quote proposals and negotiates with external partners within assigned authority.
  • Leveraged as the first line point of contact to the producers/customers on account related matters while proactively identifying opportunities for up sell or account rounding.
  • Assist in marketing products and services through external partners and makes field visits.
  • Expert on systems and workflows. Serves as a resource to others (train, problem solver, coach) and conduit for feedback to internal underwriting partners.
  • Keeps current online of business strategy, state/territory issues, regulations and trends.

Preferred Qualifications

    No preferred qualifications provided.