Underwriting Consulting Director - Wholesale Public Company Management Liability

CNA • Chicago, IL

12d • $97,000 - $189,000 • Hybrid

About The Position

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 has long been a strong presence in the E&S market, providing solutions that address complex risks across many industries. Over the last several years, we have invested heavily in dedicated, specialized E&S teams, underscoring our commitment to this space. Join this elite team of Management Liability Underwriters at Cardinal E&S, a CNA brand, who are high level individual contributors. We are seeking an individual contributor responsible for the overall management, business development, analysis and monitoring of a book of business for the Wholesale Public Company Management Liability team. Technical expertise in underwriting specialty lines of business preferred (D&O, EPL, Fiduciary, Crime and Kidnap/Ransom and Extortion). This role is recognized as the most senior level, technical expert in an underwriting specialty. In conjunction with senior level management, this role works within the broadest limits of authority requiring the highest degree of technical complexity and coordination. May have national or company-wide scope of responsibility in specialty area.

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. Ability to effectively interact with all levels of CNA's internal and external business partners.
• Ability to work independently.
• Strong analytical and problem solving skills.
• Ability to exercise independent judgment and to make critical business decisions effectively.
• Knowledge of Microsoft Office Suite as well as other business-related software.
• Bachelor's degree or equivalent experience.
• Typically a minimum 7-10 years underwriting experience.

Nice To Haves

• Professional designations preferred.
• Technical expertise in underwriting specialty lines of business preferred (D&O, EPL, Fiduciary, Crime and Kidnap/Ransom and Extortion).

Responsibilities

• 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 Wholesale 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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees