Underwriting Trainee - Surety

CNA Financial • Downers Grove, IL

79d • $65,000 - $75,000 • Hybrid

About The Position

CNA is offering an exciting opportunity for individuals looking to start a career in Surety Underwriting. The Surety Underwriting Trainee Program is designed for recent graduates with a college degree in Finance, Accounting, Economics, or Business Administration. This one-year program provides hands-on experience and unique opportunities, leading to a promotion to an Underwriter upon successful completion. The role will commence in June 2026.

Requirements

• BA/BS in Finance, Accounting, Business Administration, or similar program.
• Prior work or internship experience in a related discipline (finance, credit, accounting) strongly preferred.
• Excellent communication and analysis skills.

Nice To Haves

• Minor in Marketing or Communication Studies.

Responsibilities

• Learn underwriting principles and standards in a CNA Surety branch office.
• Analyze, evaluate, and refer new and existing business to a more senior level underwriter.
• Review bond applications and financial documentation to determine if the applicant is an acceptable risk according to company guidelines.
• Determine the need for additional evidence of financial standing and appropriate strategy.
• Participate in instructor-led training, testing, self-study courses, and web-based training with guidance through a formal mentoring program.
• Recommend risks after complete analysis and consideration of applicant documentation, business factors, and competitive situations.
• Prepare written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations.
• Assist in marketing products and services through agencies or the brokerage community.
• Develop and maintain positive agency and/or broker relationships to ensure positive outcomes.
• Travel approximately 1 to 1.5 days a week to agent locations shadowing more senior underwriters.

Benefits

• Comprehensive and competitive benefits package including physical, financial, emotional, and social wellbeing support.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees