Construction Underwriter

Position Summary

We are seeking to hire a Construction Underwriter to work in the Manchester Team.

Under broad supervision, responsible for new business for Construction Liability/CAR risks through a panel of brokers. Works within limited authority on assignments of moderate technical complexity.  Utilises underwriting policies and guidelines, rating manual rules and insurance laws and regulations.

Key Responsibilities

• Reviews applications and financial requirements for risks requiring technical underwriting skills.
• Determines acceptability of risk in accordance with company guidelines and standards.

• Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
• Prepares quotations and answers questions from Brokers, internal and external contacts and escalates issues as necessary.
• 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.
• Work with more senior underwriters or management on risks exceeding authority level or requiring special handling.
• Develop proficiency in all relevant CNA systems.
• Provision of underwriting/referral support for CNA Online underwriters when required.
• May update the underwriting systems.
• May perform additional duties as assigned.

Skills, Knowledge & Abilities

• Knowledge of Liability underwriting and insurance industry theories and practices.

• Developing technical expertise and negotiation skills.
• Strong interpersonal and communication skills.
• Strong organisational 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

The Company

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.