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Underwriting Specialist (Commercial Marine Liability)

Company: CNA Insurance
Location: New York
Posted on: June 25, 2022

Job 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.This position offers an option to work remotely from home or work hybrid in a nearby office.

Under technical direction, responsible for underwriting risks in a book of business for Ocean Marine. Works within specific limits of authority on assignments requiring significant technical complexity and coordination. Utilizes underwriting policies and guidelines, rating manual rules and insurance laws and regulations.JOB DESCRIPTION:Essential Duties & ResponsibilitiesPerforms a combination of duties in accordance with departmental guidelines with focus on one or a combination of the following Ocean Marine Products: Marine Cargo, Marine Liabilities, Brownwater Marine Hull/P&I


  • Markets Ocean Marine products and services through the agency and brokerage community makes field visits in assigned territory.
  • Works on 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.
  • Develops and maintains agency and/or broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex high-risk business.
  • Keeps current on state/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.
    Reporting Relationship
    Manager or aboveSkills, Knowledge & Abilities1. Advanced knowledge of underwriting and insurance industry theories and practices.
    2. Demonstrated high level of technical expertise and product specific knowledge.
    3. Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
    4. Ability to work independently.
    5. Strong analytical and problem solving skills.
    6. Ability to exercise independent judgment and to make critical business decisions effectively.
    7. Knowledge of Microsoft Office Suite as well as other business-related software.
    8. Demonstrated leadership skills.
    Education & Experience1. Bachelor's degree or equivalent experience. Professional designations preferred.
    2. Typically a minimum three to five years underwriting experience.
    #LI-KP1#LI-RemoteCompensation Range$97,000.00 - $121,000.00CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.

Keywords: CNA Insurance, New York , Underwriting Specialist (Commercial Marine Liability), Other , New York, New York

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