Underwriting Specialist, Commercial Mid-Market (Production) at CNA Insurance

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

05 Jun, 26

Salary

140000.0

Posted On

07 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting, Business Development, Risk Analysis, Pricing Strategy, Negotiation, Presentation, Analytical Skills, Problem Solving, Leadership, Broker Relationship Management, Technical Expertise, Compliance, Mentoring, System Utilization, Policy Development

Industry

Insurance

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. Individual contributor responsible for the overall management, business development, analysis and monitoring of a highly complex book of business within Commercial Mid-Market. Recognized as a technical expert in an underwriting specialty. Under general management direction, works within broad limits of authority on assignments requiring a high degree of technical complexity and coordination. May have regional, industry segment or company-wide scope. JOB DESCRIPTION: Essential Duties & Responsibilities • Performs a combination of duties in accordance with departmental guidelines. • Works on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability. Develops specialized endorsement language for highly complex risk. • Determines appropriate pricing of complex risks for assigned book of business based on financial and competitive analysis in line with compliance requirements and with little oversight needed from superiors. • Makes recommendations on underwriting policy and pricing strategy. • Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management. • Markets products and services through through the brokerage community and makes field visits. • Develops and maintains broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business. • Keeps current on provincial/territory issues and regulations, industry activity and trends. May participate in industry trade groups. • Mentors and guides less experienced underwriters and assists in the development of underwriting training. • Utilizes advanced functionality in relevant CNA systems to perform day-to-day activities. • Responsible for special underwriting projects and presentations. Skills, Knowledge and Abilities • Advanced technical expertise, underwriting skill and high level of 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. • Knowledge of Microsoft Office Suite and other business-related software. • Demonstrated leadership skills. Education and Experience • Bachelor's degree or equivalent experience. Professional designations preferred. • Typically a minimum eight to ten years underwriting experience. Our Total Rewards philosophy reflects our commitment to building a high-performing, inclusive culture where every team member is empowered to grow, contribute, and thrive. We value the unique strengths and perspectives each individual brings to our business, our clients, and our communities. The base salary range for this position is $115,000 to $140,000, complemented by a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional, and social wellbeing goals. Base salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. Please note that this posting is for an existing vacancy. At CNA, we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, CNA will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs. At CNA, we are focused on success, individually and collectively. We pride ourselves on promoting a culture that challenges and engages people. We strive to connect people, departments and business areas, to function as a team, and to serve our customers and communities with professionalism and respect. Our dedication to employee engagement, continuous learning and the open exchange of ideas is the cornerstone of our business. These ideals, combined with our focus on the customer, enable us to explore new market opportunities and build on our success. Our values, culture and financial strength are what differentiates us from other employers and make CNA the place you want to work. At CNA, we are committed to advancing a culture of inclusion – one that attracts talent from all walks of life, fosters respect and collaboration, and enables all of our colleagues to do their best work. At CNA, we have a long standing commitment to the diverse communities in which we live and work. We actively make a difference for the greater good through partnerships, sustainability, initiatives, and working together for a better tomorrow. Corporate Social Responsibility is not one person, or one department, it's the entire enterprise coming together to make the world a better place.

Responsibilities

This individual contributor role involves the overall management, business development, analysis, and monitoring of a highly complex Commercial Mid-Market book of business, acting as a recognized technical expert in an underwriting specialty. Responsibilities include assessing complex risks, determining appropriate pricing based on financial analysis, marketing products through the brokerage community, and developing broker relationships.