Cna
Finance
UnderwritingAssociate(CommercialConstructionP&C)
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“Underwriting Associate(Commercial Construction P&C) at Cna. Skills: Underwriting, Risk assessment, Policy processing. Perform underwriting analysis. Determine acceptability of risk”
Industry & Context.
Analytical skills
What They're Looking For.
Must Have
Bachelor's degree or equivalent experience, Minimum of three years of related work experience
What You'll Do.
Perform underwriting analysis
Determine acceptability of risk
Handle endorsement requests
Manage assigned renewal book
Document assigned files
Execute advanced pricing strategy
Complete quote proposals
Negotiate with external partners
Act as first-line contact
Assist in marketing products
Train and coach others
Keep current on regulations
How You'll Work.
Team & Collaboration
Partnering with Underwriters; Liaison within the branch; Liaison across CNA; Interact with business partners
Communication Scope
Interpersonal and communications skills; Effectively interact with all levels
Full Job Description
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. Under broad supervision, responsible for underwriting risk for the underwriting lifecycle from submission through policy issuance, for both renewal and new business within limited authority. Partnering with Underwriters on all aspects of the Underwriting function including: providing the necessary information to allow for UW to make prudent underwriting decisions. **JOB DESCRIPTION:** __Performs a combination of duties in accordance with departmental guidelines:__ 1\. Performs underwriting analysis and documentation to determine acceptability of risk in accordance with company guidelines and standards for renewal and new business within assigned Letter of Underwriting Authority. 2\. Handles endorsement requests within delegated authority. Refers endorsements outside of authority to underwriter with recommended action. Independently engages agency to clarify intent of endorsement or seek missing information. 3\. Handles assigned renewal book within assigned authority and demonstrates the ability to triage renewal applications/specs and formulate next steps for the underwriter with outlined changes or points of attention for accounts outside authority. 4\. Works as a liaison within the branch, or across CNA to resolve issues (billing and collections, risk control, underwriting guidance from cabinet members, line of business, underwriting services subject matter experts) 5\. Documents assigned files ensuring completeness, compliance, and quality (correspondence, proposals, endorsements, cancellations, etc.). 6\. Executes on advanced pricing strategy (i.e. business unit pricing tools) on behalf of the Underwriter in compliance with regulatory and CNA specific underwriting strategies and
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