Summer 2022 Underwriting Trainee - Financial Lines (Chicago)

| Chicago, IL | Hybrid
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With more than 100 years of experience, CNA maintains an exceptional reputation for providing distinctive solutions coupled with world-class customer service. We are committed to a culture of continuous learning and to empowering, encouraging and recognizing our employees while fostering an environment of diversity and inclusion.
CNA boasts a diverse network of more than 6,000 professionals with eight Employee Resource Groups (ERGs) including: African American Employee Networking Group (AAENG), Asian American and Pacific Islander Employee Network (AAPI), Growing Professionals @CNA, Organization of Hispanic Latinx Americans@CNA (OHLA), Pride@CNA, Women Impacting Leadership (WIL), Advocacy for Visible & Invisible Disabilities@CNA (AVID), and Veterans@CNA.
CNA's Financial Lines team offers a rewarding career path to individuals with a wide range of professional degrees, skill sets and experiences.
If learning more about financial markets, how sophisticated companies operate and understanding the corporate legal environment is of interest to you, this may a great opportunity!
Financial Lines underwriters work with lines of business such as Directors and Officers Liability, Employment Practices Liability, Crime and Fiduciary, Errors & Omissions, Management/Professional Liability, and Cyber. You will be working with a team of underwriters who will provide you with the guidance and training to ensure a long term, successful career in the insurance industry. Our company and our team values diversity of thought, collaboration, individual leadership initiative and a natural curiosity to learn.
Our training will provide:

  • Instruction on Financial Lines insurance basics, financial analysis, corporate and regulatory risk assessment, sales and marketing skills, systems and technical training
  • Direction on best practices for how to research and assess corporate business and legal documents.
  • Guidance on how to personally engage with C-suite level executives at the corporations you'll be underwriting.
  • Guidance on how to balance new business sales opportunities while managing existing accounts.
  • Hands on experience to learn to be an effective negotiator and build strong relationships
  • Instructor-led training, testing, self-study courses, Web-based training and practical application
  • Opportunities to interact with senior leadership


We offer an opportunity for you to work with other underwriting, risk control and claim consultants to meet the evolving insurance needs of our clients. CNA's underwriters are responsible for selecting and pricing risks that have profit potential. The process requires underwriters to evaluate a business by reviewing industry, business and government data and then deciding whether to accept or decline the risk. The underwriter is also responsible for pricing, as well as maintaining a steady flow of new and renewal business.
Knowledge, Skills and Experience:

  • Bachelor's degree strongly preferred; equivalent experience considered
  • Minimum 3.0 GPA
  • Commitment to develop knowledge and understanding of underwriting
  • Strong sales aptitude
  • Effective analytical and problem-solving skills, good verbal and written communication skills, and the ability to learn rapidly
  • Excellent interpersonal skills, including an ability to influence, overcome obstacles and develop positive business relationships
  • Must be legally authorized to work in the United States without sponsorship now or in the future


CNA is proud to be an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation or veteran status in employment opportunities.

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An Insider's view of CNA

How would you describe the company’s work-life balance?

Work-life balance has always been a priority for me. It always will be. CNA’s hybrid working model allows me to not only maximize collaboration with my peers but also take advantage of increased flexibility by combining remote and in-office work. I’m empowered to take control of my schedule based on what works best for me and my team.

Alison Massey

Agile Scrum Master Consultant

How do you collaborate with other teams in the company?

On the Security Advisory team, collaboration is key to what we do. We sit at a unique intersection of security goals and business objectives. By working across nearly every IT team at CNA, we balance the need for maintaining secure initiatives and keeping projects on track. It’s our job to find the best, secure path to ‘Yes’ for business requests.

Zach Jones

Director, Security Advisory

How has your career grown since starting at the company?

I joined CNA as a contractor and became a full-time employee after an eight-year contractor journey. I’m passionate about solving technical challenges and CNA allows me to foster that passion. Every day, I learn about emerging technologies. I’m empowered to develop, grow, and create a career that works for me and my lifestyle.

SenthilKumar Asokan

Applications Engineer Senior Specialist

How do your team's ideas influence the company's direction?

Enterprise Architecture creates foundations for IT expectations across CNA. I’m on a team that builds reusable IT assets, communicates best practices, and decides standards for tooling, and more. I influence CNA outside of my role, too, specifically through CNA’s Employee Resource Groups. I’m empowered to influence both IT and our culture of inclus

Lisa Smith

Architecture Senior Specialist

What does career growth look like on your team?

Career growth can take on many different forms at CNA, and that’s because there are always opportunities to acquire transferrable skills. On my team specifically, we’re encouraged to identify and work toward development opportunities that matter to us. We’re empowered to make a difference while advancing our careers.

Josie Lee

Director, HR Business Partner

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Some meals provided
Relocation assistance
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Online course subscriptions available
Paid industry certifications

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