Development Underwriter

3 weeks ago


London, United Kingdom CNA Hardy Full time

Function / Area:  Underwriting

Reports To:  Class Manager

Position Summary

We are seeking to hire a new business underwriter to join our growing London Team.

The role will focus on underwriting our portfolio of specialist Commercial Package business. Servicing new business from our Key Partners within the London geography.

Key Responsibilities

Reviews applications and financial requirements for risks requiring technical underwriting skills.

Determines acceptability of risk in accordance with company guidelines and standards.

  • Prepares quotations and answers questions from Brokers, internal and external contacts and escalates issues as necessary.
  • Builds Pipeline and visibility with key broker partners
  • Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
  • Analyses quality, quantity, and profitability of risks underwritten and prepares reports for
  • management review.
  • May assist in marketing products and services through the brokerage community and makes field visits.
  • Develops and maintains positive Broker relationships.
  • Keeps current on territory issues, regulations and trends.
  • Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.
  • Develop proficiency in all relevant CNA systems.
  • May perform additional duties as assigned.

Skills, Knowledge & Abilities

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.
  • A strong development focus with a proven track record for delivering results
  • Target driven and ambitious

Company Overview

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We are part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurance company. Established in 1897, CNA has approximately 7,000 employees, serving businesses and professionals in the U.S., Canada, and Europe. We offer a wide range of products and services, providing a superior suite of insurance solutions that any organisation conducting business requires.

CNA Hardy is an equal opportunity employer.




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