Underwriter (National Accounts) - Property

CNA Hardy

  • London
  • Permanent
  • Full-time
  • 30 days ago
Position SummaryWe are seeking to hire a Property Underwriter to work on our major national accounts.The role Under clear leadership and direction, underwrites a broad range of complex risks in a Property book of business.Key Responsibilities
  • Reviews applications and financial requirements for risks requiring technical underwriting skills.
  • Determines acceptability of risk in accordance with company guidelines and standards.
  • Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
  • Prepares quotations and answers questions from Brokers, internal and external contacts and escalates issues as necessary.
  • Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations. Where appropriate, verbally notifies Brokers of decisions in order to ensure clear understanding of the decision.
  • Analyses quality, quantity, and profitability of risks underwritten and prepares reports for management review.
  • Assist in marketing products and services through the brokerage community and make field visits.
  • Develop and maintain positive Broker relationships.
  • Maintains current knowledge on state/territory issues, regulations and trends.
  • Work with more senior underwriters or management on risks exceeding authority level or requiring special handling.
  • Develop proficiency in all relevant CNA systems.
  • May update the underwriting systems.
  • May perform additional duties as assigned.
Skills, Knowledge & Abilities
  • Prior experience of underwriting within Property.
  • Knowledge of the Property market and products.
  • Prior experience of working on high premium national accounts.
  • Knowledge of underwriting and insurance industry theories and practices.
  • Developing technical expertise and negotiation skills.
  • Strong interpersonal and communication skills.
  • Ability to effectively interact with peer level CNA internal and external business partners.
  • Ability to work independently.
  • Strong analytical and problem solving skills
  • Ability to exercise independent judgment and make sound business decisions effectively.
  • Strong knowledge of Microsoft Office Suite as well as other business-related software.
CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.

CNA Hardy