Job Summary
The Senior Credit & Collateral Financial Analysis position is part of CNA's Investments, Treasury, & Investor Relations (ITIR) Division. This role offers an opportunity to interact with various business areas throughout the organization as well as the Company's existing and potential new customers. They will provide credit analysis to Underwriting and other areas of the organization in order to inform sound business decisions and reduce overall risk. Additionally, they will participate in the reporting and governance of collateral held throughout the organization.
JOB DESCRIPTION:
Essential Duties & Responsibilities
- Assist in performing analytic reviews to evaluate the financial health and creditworthiness of existing and potential new customers. These reviews help CNA's underwriters and actuaries determine the financial risk associated with a customer and provide guidance for determining potential collateral requirements.
- Track credit exposures and collateral balances to provide Underwriting and Finance leaders with relevant reporting on key metrics of the portfolio.
- Monitor Trust accounts used for collateral to ensure underlying investments are in compliance with CNA's Collateral Policy
- Identify and support optimal process and technology solutions to make the credit review and approval processes as efficient as possible.
- Keep policy, procedure, and guideline documents updated for use by the Credit & Collateral team and others throughout the organization.
- Promote an inclusive work culture that celebrates individuals' differences and encourages participation by all.
Reporting Relationship
Director or above
Skills, Knowledge, & Abilities
- Ability to embrace and drive change
- Strong analytical and problem-solving skills
- Strong organizational skills and the ability to manage multiple initiatives effectively in a continuous improvement atmosphere.
- Excellent interpersonal, verbal, written skills with the ability to effectively describe context. This includes clearly communicating technical subject matter to both technical and non-technical audiences.
Education & Experience
- Bachelor's Degree, preferably in finance, economics, accounting, or equivalent.
- 3-5 years of related experience
- MBA, CPCU, or CFA designations a plus.
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I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia , California, Colorado, Connecticut, Illinois , Maryland , Massachusetts , New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually.Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com .
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .
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What We Do
CNA is one of the largest U.S. commercial property and casualty insurance companies. Backed by more than 125 years of experience, CNA provides a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada and Europe. As a company of allies, we understand the importance of fostering an inclusive and supportive culture for all employees. Our eight Employee Resource Groups elevate the voices of underrepresented groups and champion critical DEI initiatives in the workplace and beyond. We strive to promote an environment of inclusion and continuously work to ensure all employees feel valued and respected.
Why Work With Us
CNA knows the importance of having the tools you need to expand your expertise and develop your career. With a variety of cross-discipline and cross-functional opportunities, CNA provides you with the tools and resources needed to customize your career path and understand what is needed to be effective in your role.
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