What are the responsibilities and job description for the Underwriting Consultant - Nat'l Accts Property-Structured Risk position at Continental Casualty Company?
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JOB DESCRIPTION:
When you join the National Accounts Property team as an 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.
Currently, this position is a hybrid role (2 – 3 days per week in the office) and may be in Philadelphia, Baltimore, Boston or DC where you will have the ability to grow your market presence throughout your assigned region.
Job Description
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
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.
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 five years underwriting experience.
As determined by CNA and depending on the applicant’s experience and/or qualifications, candidates may be hired into one of two Underwriter positions: Underwriting Specialist or Underwriting Consultant. Typically, 3-10 years of related experience.
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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 leaveadministration@cna.com.
Salary : $72,000 - $141,000
