Underwriting Trainee - Healthcare at CNA Insurance

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Mar, 26

Salary

65000.0

Posted On

06 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Problem-Solving Skills, Verbal Communication, Written Communication, Interpersonal Skills, Sales Aptitude, Underwriting Knowledge, Risk Management, Data Analysis, Insurance Laws, Technical Skills, Case Analysis, Customer Relationship Management, Team Collaboration, Industry Knowledge, Business Evaluation

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. Under close supervision, learns underwriting practices by participating in formal or on-the-job training for a specified period of time. JOB DESCRIPTION: With more than 50 years of experience in the healthcare industry, CNA is a trusted leader and one of the top five underwriters of healthcare professional and general liability insurance products and services for a wide spectrum of organizations and providers. We offer extensive industry knowledge, valuable insight and core coverages tailored to meet the unique needs of aging services accounts, allied health facilities, and physician groups. CNA’s Professional Liability Healthcare team offers a rewarding career path to individuals with a wide range of professional degrees, skill sets and experiences. The Trainee will be educated in use of technical, sales and analytical skills to provide insurance solutions that help CNA’s customers manage risk. The trainee will have in-person, self-study and case analysis in helping to develop a firm understanding of CNA’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions. Utilizes tools, underwriting policies and guidelines, rating manual rules and insurance laws and regulations. We offer an opportunity for you to work with other underwriting, risk control and claim consultants to meet the evolving insurance needs of our clients. CNA’s underwriters are responsible for selecting and pricing risks that have profit potential. The process requires underwriters to evaluate a business by reviewing industry, business and government data and then deciding whether to accept or decline the risk. The underwriter is also responsible for pricing, as well as maintaining a steady flow of new and renewal business. Knowledge, Skills and Experience: Bachelor’s degree strongly preferred; equivalent experience considered Minimum 3.0 GPA Commitment to develop knowledge and understanding of underwriting Strong sales aptitude Effective analytical and problem-solving skills, good verbal and written communication skills, and the ability to learn rapidly Excellent interpersonal skills, including an ability to influence, overcome obstacles and develop positive business relationships Must be legally authorized to work in the United States without sponsorship now or in the future CNA is proud to be an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation or veteran status in employment opportunities. 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 $35,000 to $65,000 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. 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

The Underwriting Trainee will learn underwriting practices through formal and on-the-job training. They will evaluate risks and make decisions on insurance solutions to help clients manage risk.