Underwriting Trainee - Surety

CNA Insurance • Downers Grove, IL

85d • $65,000 - $75,000

About The Position

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. This role will start in June 2026. Are you looking for an adventure and the opportunity to start an exciting career? Do you have a college degree in Finance, Accounting, Economics or Business Administration? If so, CNA could have the perfect opportunity for you as a Surety Underwriting Trainee! CNA Surety’s Underwriting Trainee Program offers a rewarding career path for individuals interested in working for a company that provides hands-on experience and unique opportunities. The trainee program is for 1 year and upon successful completion of the program individuals will be promoted to an Underwriter.

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 within the branch office.
• Review bond applications and financial documentation to determine if the applicant is an acceptable risk in accordance with company guidelines and standards.
• Determine the need for additional evidence of financial standing and appropriate strategy.
• Participate in instructor-led training, testing, self-study courses, web-based training and practical application 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 through the brokerage community.
• Develop and maintain positive agency and/or broker relationships to ensure positive outcomes.
• Travel approximately 1 to 1 ½ days a week to agent locations shadowing more senior underwriters prospecting business.
• Perform other essential duties as assigned.

Benefits

• Comprehensive and competitive benefits package to help employees and their family members achieve their physical, financial, emotional and social wellbeing goals.

What This Job Offers

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