Underwriting Consultant - National Accounts Casualty, Monoline Umbrella

CNA Insurance • Plano, TX

3d • Hybrid

About The Position

CNA is seeking an underwriting professional for its Commercial standard lines umbrella and excess team, which provides excess liability coverage to businesses across industries including manufacturing, distribution, real estate, technology, retail, hospitality, and professional services. This high-level individual contributor handles lead umbrella and excess accounts, both monoline and over CNA risk management primary accounts. The role is recognized as a technical expert and is responsible for managing, developing, growing, and maintaining the profitability of a book of business in the retail monoline umbrella space through underwriting, sales, marketing, and relationship building.

The position works on a hybrid in-office schedule from CNA’s Houston or Dallas offices. Depending on experience and qualifications, candidates may be hired as an Underwriting Specialist, Underwriting Consultant, or Underwriting Consulting Director.

Requirements

• Advanced knowledge of underwriting and insurance industry theories and practices.
• Demonstrated high level of technical expertise and product-specific knowledge.
• Strong interpersonal, communication, and negotiation skills, with the ability to interact effectively with internal and external business partners at all levels.
• Ability to work independently.
• Strong analytical and problem-solving skills.
• Ability to exercise independent judgment and make critical business decisions effectively.
• Knowledge of Microsoft Office Suite and other business-related software.
• Demonstrated leadership skills.
• Bachelor’s degree or equivalent experience.
• Typically, eight years of underwriting experience.

Nice To Haves

• Professional designations are preferred.

Responsibilities

• Review applications and financial requirements for risks requiring complex underwriting skills, determine risk acceptability under company guidelines, and determine whether additional evidence of insurability or a specific underwriting strategy is needed.
• Determine appropriate pricing based on financial and competitive analysis and compliance requirements.
• Prepare quotes, answer questions from agencies, policyholders, and other external contacts, and escalate issues to management with proposed solutions when necessary.
• Negotiate with agents to reach positive and profitable outcomes.
• Notify agencies of adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations.
• Analyze the quality, quantity, and profitability of underwritten risks and prepare reports for management review.
• Market products and services through agencies or the brokerage community, make field visits, and develop and maintain agency and broker relationships.
• Provide guidance and assistance to other underwriters and functional areas, particularly on cross-sell opportunities.
• Keep current on state and territory issues and regulations, industry activity, and trends, and share information with others.
• Use advanced functionality in relevant CNA systems to perform day-to-day activities.
• Work with more senior underwriters or management on risks that exceed authority levels or require special handling.
• Manage, develop, grow, and maintain the profitability of a book of retail monoline umbrella business.

Benefits

• Comprehensive and competitive benefits package intended to support employees’ and their family members’ physical, financial, emotional, and social wellbeing.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior