Underwriting Trainee - Public Management Liability at CNA
CNA's Public Management Liability Group 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 be a great opportunity! Our underwriters assess current macro-events such as the SPAC boom, cyber breaches and supply chain shortages to determine their impact on a wide range of companies-many of which will be familiar names to you and many that will be new to you. Public Management liability underwriters work with lines of business including Directors and Officers Liability, Employment Practices Liability, Crime and Fiduciary. You will be working with a team of underwriters who will provide you with the guidance and training needed to ensure a long term, successful career in the insurance industry. Our company and our team values diversity of thought, collaboration, individual initiative and a natural curiosity to learn.
Our training will provide:
- Instruction on Public Management Liability insurance basics; underwriting, professional, sales and marketing skills; systems and technical training
- Direction on best practices for how to research and analyze corporate businesses and their unique risks
- 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.
- Effective negotiation skills to achieve win/win outcomes
- How to creatively build personal relationships both in person and virtually
- 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 a large network of insurance brokers as well as underwriting, legal 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 meeting with C-suite executives to determine appropriate insurance program solutions. The underwriter is responsible for creating and maintaining personal relationships with their assigned brokers to facilitate 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 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.