Underwriting Director (Contract Surety)

CNA

Timonium, Maryland

JOB DETAILS
SKILLS
Analysis Skills, Brokerage, Business Administration, Business Development, Business Strategy, Coaching, Communication Skills, Industry/Trade Analysis, Insurance Underwriting, Leadership, Marketing Strategy, Microsoft Office, Multitasking, Negotiation Skills, Policy Implementation, Presentation/Verbal Skills, Pricing, Problem Solving Skills, Profit & Loss Management, Progress Reports, Project/Program Management, Regulations, Staff Development, Strategic Planning, Technical Leadership, Underwriting
LOCATION
Timonium, Maryland
POSTED
3 days ago

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. 

Leads and directs an underwriting group and is accountable for business results through overall management, profitability, and business development of a book of business for Surety. In conjunction with senior management, works within the highest limits of authority. Has regional, industry segment or company-wide scope of responsibility.

JOB DESCRIPTION:

Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:

  • Directs the work activities and has full management responsibility for the performance and development of subordinate staff in accordance with corporate strategic direction.

  • Coaches, leads and develops underwriters and directs the development of underwriting training.

  • Participates with senior management in the development and implementation of underwriting policy, marketing and business strategy.

  • Develops and implements operating plans for enhancing the business and meeting strategic objectives.

  • Reviews and directs the application of underwriting policy and pricing for all risks within an assigned book of business.

  • May market products and services through agencies or through the brokerage community.

  • Develops and maintains agency and/or broker relationships to ensure positive and profitable outcomes.

  • Reports business progress to senior management.

  • Keeps current on state/territory issues and regulations, industry activity and trends. May represent the company in industry trade groups.

Reporting Relationship
AVP or above

Skills, Knowledge and Abilities
1. Ability to effectively lead, coach and develop an underwriting group.
2. Excellent communication, negotiation and presentation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
3. Senior level technical and business management acumen, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures.
4. Excellent analytical and problem solving skills, with the ability to manage multiple projects and teams.
5. Ability to deal with ambiguous situations and issues.
6. Creativity in resolving unique and challenging business problems.
7. Ability to achieve results by taking a proactive long-term view of business goals and objectives.
8. Knowledge of Microsoft Office Suite and other business-related software.


Education and Experience.

1. Bachelor of Arts (BA) or Bachelor of Science (BS) in Business Administration (or similar).

2. Typically a minimum of seven years of underwriting experience with a proven track record of results.

3. Professional designations (e. g. AFSB) and/or MBA preferred.

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia,California, Colorado, Connecticut, Illinois,Maryland, Massachusetts, New York and Washington,the national base pay range for this job level is $97,000 to $189,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. 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.


CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.


CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact 

leaveadministration@cna.com

About the Company

C

CNA

CNA's approach to research is a modern iteration of the Newtonian principle that complex, dynamic processes are best understood through direct observation of events and people. That was the methodology CNA analysts first applied in the 1940s when they pioneered the field of operations research by helping the Navy address the German U-boat threat. Not content to study the problem from afar, this small group of MIT scientists insisted on deploying with Navy forces in order to observe operations and collect the data needed for meaningful analyses. Their groundbreaking work, and the anti-submarine warfare equations it produced, set a standard for operations research methods that CNA has maintained for 75 years. Today, with more than 500 professionals at our headquarters and 50 researchers in the field, CNA still takes a multi-disciplinary, real-world approach to our work. On-site analysts carefully observe all aspects of a process—people, decisions, actions, consequences—and then collaborate with a headquarters-based research team to assess data and arrive at findings. CNA's objective, empirical research and analysis helps decision makers develop sound policies, make better-informed decisions, and manage programs more effectively. Our work, which in its early decades focused solely on defense-related matters, has grown to include investigation and analysis of a broad range of national security, defense, and public interest issues including education, homeland security and air traffic management. Through our Center for Naval Analyses and Institute for Public Research, we provide public-sector organizations with the tools they need to tackle the complex challenges of making government more efficient and keeping our country safe and strong.
COMPANY SIZE
100 to 499 employees
INDUSTRY
Other/Not Classified
FOUNDED
1940
WEBSITE
https://www.cna.org/