Senior Underwriter – Specialty Management Liability & Financial Institutions

Save
You need to sign in or
create an account to save a job.

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 differentiate us from other employers and make CNA the place you want to work. Learn more about CNA Insurance Canada at www.cnacanada.ca. Join our team as an Underwriter! 

The Senior Underwriter manages and develops a well-diversified underwriting portfolio to achieve profitability and retention goals.

RESPONSIBILITIES:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Product leadership for the Management Liability & Financial Institutions portfolio with a focus on Public Company D&O.
  • Ensure adequate visibility into the industry, with a mandate to grow this book in a profitable manner.
  • Achieving gross written premium, retention, and new business goals specific to Customer Segment or Product Line plans outlined. Drives new business growth in core products & customer segments.
  • Production of new business and maintenance of renewal book of business. Includes risk analysis, pricing, negotiating, setting terms, and referrals to management as necessary.
  • Effective use and execution of Sales Advantage objectives including pipeline management, agency intelligence, producer management and sales call execution
  • Establishes effective practices to continuously communicate appetite/industry strategies; drives effective market messaging
  • Utilizes effective relationship management to ensure improved and/or expanded relationship with target producers to ensure achievement of targeted profitability and  renewal retention goals
  • Demonstrates adherence to underwriting discipline to minimize exposure and appropriately price risks
  • Develop producer specific plans to achieve new business goal. Review producer results to plan quarterly and adjust plan. Drive producer accountability.
  • Achieve continuous improvement in prospect building
  • Develop a pipeline process to target specific new and renewal accounts and measure outcomes
  • Participate in underwriting audits
  • Ensure Underwriting Assistant/Associate Underwriter meet service standards for document handling and workflow is appropriate and timely for business unit.
  • Coaching and mentoring of junior underwriting staff.

    May perform additional duties as assigned.

    In all responsibilities and interactions, all employees are expected to adopt and align with CNA’s Winning Behaviours – to be externally focused, accountable, collaborative, innovative, inclusive and continuously learning.

    Reporting Relationship

    Reports to the AVP, Management Liability & Financial Institutions

Skills, Knowledge & Abilities

  • Strong marketing skills to enable profitable growth of a book of business.
  • Must have familiarity with the brokers in the community and expertise and knowledge of distribution and the competitive market environment.
  • Customer service focused with excellent written and verbal communication skills.
  • Strong analytical, interpretation, organizational and time management skills. Must be detail oriented.
  • Ability to conceptualize details and develop action plans for problem solving and decision making.
  • Ability to work both independently and within a team environment, making sound underwriting decisions with limited supervision.
  • Demonstrated coaching skills.
  • Knowledge of Microsoft Office Suite and other business-related software.
  • Demonstrated coaching skills.
  • both independently and within a team environment with limited supervision
  • Knowledge of Microsoft Office Suite and other business-related software.

Education & Experience

  • University degree (preferably in Commerce or related field), combined with a CIP designation (or progress towards completion),
  • Minimum of 3-5 years of commercial Management Liability or Professional Liability underwriting experience;
  • Progress towards completion of CIP. CFA or RPLU designation is desired.

As a full-time employee your benefits include:

  • A competitive salary
  • An annual performance bonus
  • A pension plan
  • Flexible work hours
  • Top of the line medical and dental insurance
  • And many more benefits (fitness subsidy, in-house training, etc.)

We are excited to learn more about you!

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