Underwriting Specialist, Equipment Breakdown

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 where people matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

Joining the National Accounts Property Equipment Breakdown unit as an Underwriting Specialist, you will be responsible for underwriting risks in a book of business, working within specific limits of authority on assignments requiring significant technical complexity and coordination. You will utilize underwriting policies and guidelines, rating manual rules and insurance laws and regulations. This position will have a heavy emphasis on new business production for highly complex monoline Equipment breakdown accounts.

• Work on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability.
• Determine 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.
• Make recommendations on underwriting policy and pricing strategy.
• Analyze quality, quantity, and profitability of highly complex risks underwritten; prepare and present reports to management.
• Market products and services through agencies or the brokerage community and make field visits.
• Develop and maintain agency and/or broker relationships with large producers within the assigned territory to achieve positive and profitable outcomes on complex, high‑risk business.
• Keep current on state/territory issues and regulations, industry activity and trends.
• Participate in industry trade groups as appropriate.
• Mentor and guide less experienced underwriters and assist in the development of underwriting training.
• Utilize advanced functionality in relevant CNA systems to perform day‑to‑day activities.
• Responsible for special underwriting projects and presentations.

Reporting:
Relationship Manager or above.

• 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.

• Bachelor’s degree or equivalent experience. Professional designations preferred.
• Typically, a minimum of 3+ years underwriting experience in equipment breakdown, preferred, or property. Depending on the applicant’s experience and/or qualifications, candidates may be hired into one of two Underwriter positions:
  Underwriter or Underwriting Specialist. Typically 2+ years of related experience.

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 $54,000 to $103,000 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 for employees and their families.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact