Associate Underwriter, Cyber & Professional Liability (12-Month Contract or 12-Month Secondment)
Job Description
Description
Associate Underwriter, Cyber & Professional Liability (12-Month Contract or 12-Month Secondment)
Apply locations
Toronto, ON, CAN
Time type
Full time
Posted on
Posted 11 Days Ago
Job requisition id
R-6155
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
Under broad supervision, responsible for underwriting risk for the underwriting lifecycle from submission through policy issuance, for both renewal and new business within limited authority within Cyber and Professional Liability. Partnering with Underwriters on all aspects of the Underwriting function including: providing the necessary information to allow for UW to make prudent underwriting decisions.
Job Description
- Performs a combination of duties in accordance with departmental guidelines.
- 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. Refers endorsements outside of authority to underwriter with recommended action. Independently engages agency to clarify intent of endorsement or seek missing information.
- Handles assigned renewal book within assigned authority and demonstrates the ability to triage renewal applications/specs and formulate next steps for the underwriter with outlined changes or points of attention for accounts outside authority.
- Works as a liaison within the branch, or across CNA to resolve issues (billing and collections, risk control, underwriting guidance from cabinet members, line of business, underwriting services subject matter experts)
- Documents assigned files ensuring completeness, compliance, and quality (correspondence, proposals, endorsements, cancellations, etc.).
- Executes on advanced pricing strategy (i.e. business unit pricing tools) on behalf of the Underwriter in compliance with regulatory and CNA specific underwriting strategies and demonstrates ability to document pricing rationale
- Completes quote proposals and negotiates with external partners within assigned authority.
- Leveraged as the first-line point of contact to the producers/customers on
Company
CNA Canada
Location
Toronto
Country
Canada
Salary
100.000
URL