Onsite Underwriting Associate – Life Sciences

Posted 4 days ago

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About the role

  • Underwriting Associate responsible for risk analysis and the underwriting lifecycle at CNA. Collaborating with teams to evaluate risks and formulate underwriting decisions.

Responsibilities

  • Performs underwriting analysis and documentation to determine acceptability of risk in accordance with company guidelines and standards for renewal and new business within assigned Letter of Underwriting Authority.
  • Handles endorsement requests within delegated authority.
  • Handles assigned renewal book within assigned authority and demonstrates the ability to triage renewal applications/specs and formulate next steps for the underwriter.
  • Works as a liaison to resolve issues (billing and collections, risk control, underwriting guidance).
  • Documents assigned files ensuring completeness, compliance, and quality.
  • Executes on advanced pricing strategy and demonstrates ability to document pricing rationale.
  • Completes quote proposals and negotiates with external partners within assigned authority.
  • Expert on systems and workflows, serving as a resource to others.
  • Keeps current on line of business strategy, state/territory issues, regulations and trends.

Requirements

  • Bachelor’s degree or equivalent experience
  • Typically a minimum of three years of related work experience
  • Knowledge of Property and Casualty underwriting including insurance products, policy processing procedures and documentation.
  • Strong time management, and analytical skills
  • Strong interpersonal and communications skills
  • Demonstrated ability to work independently on multiple tasks
  • Strong capability to advise and coach others
  • Demonstrated customer service experience and the ability to interact with a wide-variety of people on a daily basis in person, via telephone and email.
  • Strong knowledge of Microsoft Office Suite as well as other business-related software.

Benefits

  • comprehensive and competitive benefits package to help achieve physical, financial, emotional and social wellbeing goals.

Job title

Underwriting Associate – Life Sciences

Job type

Experience level

JuniorMid level

Salary

$47,000 - $78,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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