Senior Underwriter – Specialty Management Liability & Financial Institutions - Canada

Please submit a cover letter and resume to apply for this position.

Location: Canada

For more than 100 years, CNA has been providing insurance solutions to over 1 million businesses worldwide. CNA Canada has five strategically placed offices in Montreal, Toronto, Winnipeg, Calgary and Vancouver, making our friendly and knowledgeable staff easily accessible to our customers.

At CNA, we do not just employ people, we provide people with fulfilling careers with many opportunities and room for growth within the industry. We are a company that is constantly evolving and we take pride in our culture and values. When you join the CNA team, you'll work with motivated team members who have pride in - and passion for - what they do. CNA is committed to career growth and development for all levels of team members so they may navigate their own future and grow with the company. 

We are focused on success, individually and collectively. Our dedication to employee engagement and the open exchange of ideas is the cornerstone of our business. These ideals, combined with our focus on the customer, have enabled us to explore new market opportunities and build on our success.

Each person at CNA plays an important role in the success of our business, join us and make an impact!

Job Profile Summary

Under broad supervision, 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 and market visibility, 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 with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.

Only selected candidates will be contacted.