Underwriting Associate - Middle Markets & Technology-UND0003NN

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CNA’s Commercial Middle Markets team provides standard lines commercial property and casualty insurance products such as General Liability, Property, Inland Marine, Commercial Auto, Workers' Compensation, and Umbrella to businesses of all sizes. Our Middle Markets team underwrites a diverse mix of business and industry classes including Manufacturing, Professional Services, Construction, Financial Institutions, Healthcare, Real-estate, Distributors, Technology, Wholesale, and Retail.  Typical account sizes start at $50,000 and up in premium on a multi-line basis.

Job Summary

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 for the Middle Market Technology book. Partnering with Underwriters on all aspects of the Underwriting function including: providing the necessary information to allow for UW to make prudent underwriting decisions.

 

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 demonstrates ability to document pricing rationale

7.  Completes quote proposals and negotiates with external partners within assigned authority.

8.  Leveraged as the first-line point of contact to the producers/customers on account related matters while proactively identifying opportunities for up sell or account rounding.

9.  Assist in marketing products and services through external partners and makes field visits.

10. Expert on systems and workflows.   Serves as a resource to others (train problem solver coach ) and conduit for feedback to internal underwriting partners.

11.  Keeps current on line of business strategy state/territory issues regulations and trends.

 

 

May perform additional duties as assigned.

 

 

Reporting Relationship

Supervisor or Manager

 

Skills Knowledge & Abilities

1. Knowledge of Property and Casualty underwriting including insurance products policy processing procedures and documentation.

2. Strong time management and analytical skills

3. Strong interpersonal and communications skills. Ability to effectively interact with all levels of CNA’s internal and external business partners. 

4. Demonstrated ability to work independently on multiple tasks. 

5. Strong capability to advise and coach others. 

6. Demonstrated customer service experience and the ability to interact with a wide-variety of people on a daily basis in person via telephone and email. 

7. Strong knowledge of Microsoft Office Suite as well as other business-related software.

 

Education & Experience

1.  Bachelor’s degree or equivalent experience. 
2.  Typically a minimum of three years of related work experience.

 

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Technology we use

  • Engineering
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Location

Located in the heart of the loop, CNA’s headquarters are at 151 N Franklin. With close proximity to both L and Metra stations.

An Insider's view of CNA

How would you describe the company’s work-life balance?

Work-life balance has always been a priority for me. It always will be. CNA’s hybrid working model allows me to not only maximize collaboration with my peers but also take advantage of increased flexibility by combining remote and in-office work. I’m empowered to take control of my schedule based on what works best for me and my team.

Alison Massey

Agile Scrum Master Consultant

How does the company support your career growth?

Throughout my five-year career, I’ve seen CNA value creating thinking and continuous learning. My managers actively encourage me to pursue rewarding professional development opportunities. Those opportunities have had a direct impact on my career growth. At CNA, the opportunities are endless and your career aspirations matter.

Alaina Cole

Underwritting Specialist

What unique initiatives do you have that encourage innovation?

We have an Innovation program and team that designs processes to encourage creative thinking and capture ideas across CNA. In addition to collaborating with and learning from world-class technology partners, we also host events such as our Innovation Summit and Hackathon, which bring winning competition ideas to life in real products and services.

Keith Zhang

Architecture Consulting Director

What's the biggest problem your team is solving?

A primary focus of my team is reducing the time-to-market associated with machine learning models. By leveraging cutting-edge cloud services and streamlining processes, we’re enhancing the model development lifecycle. That enhancement allows us to use efficient, effective predictive analytics when making business decisions.

Ryan Gulden

Senior AI/ML Engineer

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Relocation assistance
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Online course subscriptions available

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