Underwriting Specialist (Construction) - Arizona, Scottsdale

Underwriting Specialist (Construction)Permanent

Arizona, Scottsdale - 85250
  • Applications 0
  • Post Date: 2022-10-22
  • Views 186
  • Job Categories:Construction
  • Job Type:Permanent
  • Published Date:2022-10-22
  • Salary Period:Annual
  • Company Name:CNA Insurance
  • Company Type:Agency

Job Simplification

The announced job offer is made public by the firm: CNA Insurance and it was included in jobs list the date of: 2022-10-22 in the website greenenergyjobsonline.com.

It is announced that they have a job offer at the category of Construction and the jobs location is in the state of Arizona at the city Scottsdale, in the country US - at this current ZipCode: 85250

The information residing in this page is not directly announced by our websites, we help users in the intent of finding the jobs they want and redirect them back to jobs8 for apropriate applying to any of the jobs listed on www.greenenergyjobsonline.com.

Construction worker

People who perform manual labor as unskilled or semi-skilled laborers are considered employed. In the United Kingdom, a construction worker is defined as someone who works for or under the control of a contractor on a construction site. They can also be skilled tradespeople or managerial and supervisory personnel. In Canada, anyone who supervises other workers or enforces regulations and building codes may be labeled an inspector.

The word "laborer" refers to a specific job type and level in most construction industries. It's a generic term that defines a large group of workers in almost every national construction industry. In the United States, over 7.5 million people work in construction — including 820,000 laborers — with 573,000 carpenters, 508,000 electricians, 258,000 equipment operators and 230,000 construction managers. The United States Department of Labor reports 681,000 white-collar workers employed in construction. These people work in office and administrative support occupations. Most construction companies hire office and administrative support workers.

Job Overview

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.

CNA insurance is seeking an experienced underwriter to join our Phoenix, AZ construction team. Join a growing company that offers ample promotional opportunities and the ability to specialize and work with national accounts. This role focuses on the commercial construction industry class (commercial contracting and general contractors) for mid to large sized accounts including some loss sensitive business.

This position primarily services the Arizona and New Mexico territory and offers the option to work a flexible, hybrid work schedule spending some time on-site in our Scottsdale, AZ branch office and the remainder of the week working out of your home office.

CNA's Construction team is dedicated to being a responsive and flexible partner that understands the inherent risks of the construction world and has the discipline, insight and expertise to navigate the evolving exposures that come with it. We know business insurance works better when it is custom built for the task at hand. So, we provide a wide array of industry-specific coverages and smart, informed solutions that are carefully tailored to our client's unique construction needs-from large, global accounts to mid-size contractors.

JOB DESCRIPTION:

Essential Duties and Responsibilities

The Underwriter is responsible for using technical, sales and analytical skills to provide insurance solutions that help CNA's customers manage risk. The Underwriter will have a thorough understanding of CNA's strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions.

1. Underwriting Expertise

Reviews applications and financial requirements to determine acceptability of risk in accordance with CNA's guidelines and standards
Understands pricing components and rating methodology as well as use of the predictive modeling tools; prices risk based on financial and competitive analysis
Understands alternative risk finance options (large deductibles, retrospective rating and single parent captives) and legal agreements supporting these programs.
Uses all appropriate underwriting tools (e.g., Loss Rating Models, BPMT, Merlin, etc.), disciplines and knowledge of strategies to ensure underwriting guidelines are followed
Demonstrates technical underwriting skills through strategic, thorough account reviews and file documentation
Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory
Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price
Keeps current on state/territory issues, regulations and trends for both insurance and construction risks

2. Portfolio Management

Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals
Prioritizes time and resources to effectively manage and optimize producer performance
Operates with an Enterprise perspective to identify cross sell opportunities and create growth within other lines of business and customer segments
Demonstrates in-depth knowledge of CNA's products and appetite while clearly communicating CNA's position at the point of sale

3. Sales & Distribution Management

Builds/maintains rigorous sales practices using all CNA systems including and other sales tools and disciplines
Develops producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results
Develops and implements distributor specific plans, monitors performance, and adjusts plan to ensure a substantial pipeline for future profitable growth
Drives effective account relationship management and customer activities to build trust, facilitate negotiation and secure commitment with the customer
Active in Construction Industry through association or committee involvement
Proactively identifies cross-sell opportunities and partners with other underwriters to deliver comprehensive insurance solutions for the customer
Driven by our commitment to our customers, CNA's winning behaviors (externally focused, accountable, collaborative, innovative, and continuously learning) distinguish us from our competitors. CNA employees exemplify these behaviors in all responsibilities and interactions.

Knowledge, Skills and Abilities

Knowledge of underwriting processes, coverages, and tools to gather and evaluate information in order to reach appropriate decisions on renewals and new business
Ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment
Ability to uncover customer needs, position specific solutions, handle objections and close deals
Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority
Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence, and manage and prioritize multiple concurrent projects

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact .

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact .
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Employer Overview

CNA Insurance

Arizona, Scottsdale - 85250
  • Agency