Underwriting Manager (Underwriting Hub)

CNA

Chicago, Illinois

JOB DETAILS
SKILLS
Analysis Skills, Brokerage, Business Growth, Business Strategy, Coaching, Communication Skills, Continuous Improvement, Cross-Selling, Documentation Standards, Establish Priorities, Industry/Trade Analysis, Insurance Underwriting, Leadership, Maintain Compliance, Microsoft Office, Multitasking, Negotiation Skills, Operations Management, People Management, Presentation/Verbal Skills, Pricing, Problem Solving Skills, Process Development, Process Improvement, Product Pricing, Quality Management, Regulations, Staff Development, Team Player, Underwriting
LOCATION
Chicago, Illinois
POSTED
14 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. 

JOB DESCRIPTION:

This Underwriting Manager position is part of the Underwriting Hub—a growing team designed to provide expanded underwriting capabilities for the organization. We will elevate underwriting excellence through streamlined processes, strategic focus, and collaborative growth that enables our field underwriting teams to deepen agent and broker engagement and drive new business growth. If you're ready to stretch your skills and grow your career, we’d love to meet you.

Manages an underwriting staff and is accountable for business results through the oversight, analysis, and performance of a renewal portfolio across multiple regions. Under general management direction, works within broad limits of authority requiring a high degree of technical complexity and coordination.  May have regional, industry segment, or company-wide scope of responsibility.

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Leads the management of a multi-region renewal portfolio and oversees the work activities, performance, and development of underwriting staff responsible for renewal business execution and portfolio performance.

  • Onboards, trains, coaches, leads and develops underwriters and participates in the development of underwriting training and accountable for granting underwriting authority.

  • Makes recommendations on underwriting policy and pricing strategy to management, responsible for reviewing and approving referrals within authority.

  • Reviews and manages the application of underwriting policy and pricing for all risks within an assigned book of business for new and renewal business; drives adherence to documentation and referral standards and completes file reviews to drive continuous improvement in underwriting quality.

  • Prepares and presents operational reports to management.

  • Drives regional and business unit initiatives and business strategies and holds underwriting team accountable for execution.

  • May be responsible for cross selling products and services through agencies or through the brokerage community.

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

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

Skills, Knowledge & Abilities

  • Ability to effectively lead, coach and develop underwriting staff.

  • Advanced technical expertise, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures.

  • Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.

  • Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.

  • Ability to deal with ambiguous situations and issues.

  • Creativity in resolving unique and challenging business problems.

  • Ability to achieve business goals and objectives.

  • Knowledge of Microsoft Office Suite and other business-related software.

Education & Experience

  • Bachelor's degree or equivalent experience.  Professional designations preferred.

  • Typically a minimum eight years underwriting experience.

#LI-SM1

#LI-HYBRID

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 $72,000 to $141,000 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 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/

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