Provide administrative support for insurance administration in liability and financial lines. Collaborate with underwriting and finance teams in a leading insurance group in Germany.
About the role
- Underwriting Specialist responsible for underwriting US risks produced from CNA Canada, CNA UK and CNA Europe. Evaluating risks, determining acceptability, and preparing quotes for both new business and renewal.
Responsibilities
- Responsible for underwriting US risks produced from CNA Canada, CNA UK and CNA Europe for the underwriting lifecycle from submission through policy issuance, for both new business and renewal
- Reviews applications and financial requirements for risks requiring complex underwriting skills
- Determines acceptability of risk in accordance with company guidelines and standards
- Prepares quotes and answers questions from agencies, policyholders or other external contacts
- Negotiates with agents to reach positive and profitable outcomes
- Keeps current on state/territory issues and regulations and shares information with others
Requirements
- Bachelor's degree or equivalent experience
- Typically, three to five years’ underwriting experience
- Advanced knowledge of underwriting and insurance industry theories and practices
- Demonstrated high level of technical expertise and product specific knowledge
- Knowledge of Microsoft Office Suite as well as other business-related software.
Benefits
- 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.
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