Underwriter (National Accounts) - Property - London, United Kingdom - CNA Hardy

    CNA Hardy
    CNA Hardy London, United Kingdom

    2 weeks ago

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    Description

    Position Summary

    We are seeking to hire a Property Underwriter to work on our monoline Property product targeting medium to large corporate clients in London placed primarily through the International brokers. These can be on a lead/ follow, 100% Primary or Excess basis.

    The role underwrites a broad range of complex risks in a Property book of business.

    Key Responsibilities

    • Prepares renewals and quotations, answering questions from Brokers, internal and external contacts and escalates issues as necessary.
    • Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
    • Reviews applications and financial requirements for risks requiring technical underwriting skills.
    • Determines acceptability of risk in accordance with company guidelines and standards.
    • Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations. Where appropriate, verbally notifies Brokers of decisions in order to ensure clear understanding of the decision.
    • Analyses quality, quantity, and profitability of risks underwritten and prepares reports for management review.
    • Assist in marketing products and services through the brokerage community and make field visits.
    • Develop and maintain positive Broker relationships.
    • Maintains current knowledge on state/territory issues, regulations and trends.


    Skills, Knowledge & Abilities

    • Prior experience of underwriting within Property.
    • Knowledge of the Property market and products.
    • Prior experience of working on high premium national accounts.
    • Knowledge of underwriting and insurance industry theories and practices.
    • Developing technical expertise and negotiation skills.
    • Strong interpersonal and communication skills.
    • Ability to effectively interact with peer level CNA internal and external business partners.
    • Ability to work independently.
    • Strong analytical and problem solving skills
    • Ability to exercise independent judgment and make sound business decisions effectively.
    • Strong knowledge of Microsoft Office Suite as well as other business-related software.