VP, Underwriting - Commercial E&O, Media, and Cyber

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. 

JOB DESCRIPTION:

Officer position responsible for providing overall underwriting excellence through management and direction for the Commercial Errors and Omissions suite of products, Media Liability, and Enterprise Cyber Liability lines of business.  Directs the development and implementation of strategic and operational objectives for the E&O, Media Liability, and Cyber Liability lines in accordance with the company’s strategic plans.

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

• Creates strategic and operational objectives with significant impact on the short-term success for the E&O, Media, and Cyber lines of business as well as impact on the long-term business goals. 

• Ensures the achievement of continued profitability, growth and/or operational efficiencies for E&O, Media, and Cyber lines of business through development of risk appetite, assessment of risk exposures and controls, market dynamics, and emerging risk issues.

• Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, claim, operational, planning and product reviews. Provides results to members of the senior management team and develops plans to adjust results.

• Provides overall direction for underwriting authority delegation and audit criteria.  Responsible for the audit results of the books of business.   

• Collaborates with business partners in Line of Business, Segments, Underwriting Services, Risk Control, Actuarial, Claim, Distribution, Operations and Compliance to address governance, processing, and compliance issues related to underwriting practices.

• Leads, directs and has management accountability for staff, with an emphasis on talent development and succession planning in accordance with strategic direction.

• Conducts research, analysis and recommends development of insurance products. Assimilates trends in the industry, determines underwriting best practices and contributes to training/development curricula for E&O, Media, and Cyber lines of business.

• Consistent engagement with key trading partners to establish marketplace presence.

• Active participate in industry events.

May perform additional duties as assigned.

Reporting Relationship

Typically SVP and above

Skills, Knowledge & Abilities

1. Mastery of underwriting discipline and knowledge in the insurance field and a broad understanding of the critical issues in other related areas.
2. Expert communication, negotiation, relationship-building, influence and presentation skills.  Ability to effectively interact with all levels of CNA’s internal and external business partners as well as the ability to train others in new concepts, technology or initiatives.    
3. Strong leadership skills to drive results with a large team, and multiple levels of reports.
4. Strong broker and agency relationships within field.
5. Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.
6. Excellent organizational acumen and the ability to balance multiple priorities and issues successfully.

7. Creativity in resolving unique and challenging business problems.

Education & Experience

1. Bachelor’s degree with Master’s preferred in a related discipline, or equivalent.
2. Typically a minimum of 15 years of related work experience, with 10 years management experience. 

#LI-KC1

#LI-Hybrid

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 $194,000 to $308,000 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 : $194,000 - $308,000