Hybrid VP, Underwriting – Global Casualty

Posted 2 days ago

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About the role

  • Vice President Underwriting overseeing and directing strategies for casualty product lines at CNA. Leading cross-functional collaboration and ensuring profitability and operational efficiencies.

Responsibilities

  • Drives implementation of strategic and operational objectives with significant impact on the short-term success of a casualty product lines or segments and moderate impact on the long-term success of the company.
  • Acts as senior level referral officer for exceptions to strategy, guidelines and authority for Casualty product lines.
  • In collaboration with Casualty product line leaders, develops and maintains underwriting guidelines and best practices, in accordance with federal and state regulations, to ensure the integrity of the product line or segment.
  • Ensures the achievement of continued profitability, growth and/or operational efficiencies for Casualty product lines through assessment of risk tolerance, market appetite and emerging risk issues.
  • Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, operational, planning and product reviews. Provides results to members of the senior management team and develops plans to resolve issues.
  • Informs overall direction for underwriting authority delegation, audit criteria and catastrophe management for casualty product lines or segments.
  • Collaborates with business partners in Risk Control, Underwriting Shared Services, Actuarial, Claim, Operations, Technology and Compliance to address governance and compliance issues related to underwriting practices.
  • Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with strategic direction.
  • Conducts research, analysis and development of insurance products. Assimilates trends in the industry, determines underwriting best practices and contributes to training/development curricula for a product line or segment.
  • May participate in rating bureau boards to keep abreast of industry, rating, coverage and benefit issues. Fosters relationships with insurance commissioners and regulators. May perform additional duties as assigned.

Requirements

  • Bachelor’s degree with Master’s preferred in a related discipline, or equivalent.
  • Typically a minimum of 12 years of related work experience, with seven years management experience.
  • Chartered Property Casualty Underwriter (CPCU) designation preferred.

Benefits

  • comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals

Job title

VP, Underwriting – Global Casualty

Job type

Experience level

Lead

Salary

$194,000 - $308,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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